Indostar Capital Finance surged 15% in a month, outperforming the BSE Financial Services index. The NBFC improved asset quality, expanded its vehicle loan portfolio, and reduced credit costs. With falling funding costs and growing AUM, profitability is expected to improve.
Asian shares drop after US selloff, treasuries dip
Asian stock markets saw a decline following Wall Street’s losses. Concerns about the United States’ deficit impacted investor sentiment. Treasury yields rose, particularly for long-term
May 22, 2025