 "Illustration: Ajay Mohanty")
KKR, one of the largest global investment firms, is looking to acquire a non-banking financial company (NBFC) in the country to bolster its lending business, said a source in the know.
The investor, which has assets under management (AUM) of $149 billion globally, wants to disburse loan against properties, shares, structured loans and and lend across sectors, the source said. “It wants to buy a NBFC which has AUM of at least Rs 10,000 crore. Though it has two NBFCs at present, KKR wants to buy another NBFC so that it can scale up faster,” said the source. KKR
The investor, which has assets under management (AUM) of $149 billion globally, wants to disburse loan against properties, shares, structured loans and and lend across sectors, the source said. “It wants to buy a NBFC which has AUM of at least Rs 10,000 crore. Though it has two NBFCs at present, KKR wants to buy another NBFC so that it can scale up faster,” said the source. KKR
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