https://www.taxtmi.com/news?id=42443 Reserve Bank approval was obtained for the acquisition of up to 100% of the paid-up equity of Niwas Housing Finance by an affiliate of a private equity investor, subject to customary closing conditions; IndoStar is a middle-layered NBFC registered with the Reserve Bank. The company reported board composition changes to strengthen oversight, a sale of a stressed commercial vehicle asset pool to an asset reconstruction entity, and key prudential metrics including AUM growth, Stage 3 asset ratios, leverage and strong standalone capital adequacy, with forward-looking statements expressly qualified. en-us Wed, 30 Apr 2025 15:16:03 +0530 Wed, 30 Apr 2025 15:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=42443 Reserve Bank approval was obtained for the acquisition of up to 100% of the paid-up equity of Niwas Housing Finance by an affiliate of a private equity investor, subject to customary closing conditions; IndoStar is a middle-layered NBFC registered with the Reserve Bank. The company reported board composition changes to strengthen oversight, a sale of a stressed commercial vehicle asset pool to an asset reconstruction entity, and key prudential metrics including AUM growth, Stage 3 asset ratios, leverage and strong standalone capital adequacy, with forward-looking statements expressly qualified. News - Wed, 30 Apr 2025 15:16:03 +0530 https://www.taxtmi.com/news?id=42443