Kinara’s Fall From Profits, Infra.Market Goes Shopping & More

Kinara Capital’s Fall From Profits

Kinara Capital is in a fix. For the first time in a decade, the Bengaluru-based NBFC incurred a loss in FY25, and credit rating agencies have downgraded the company amid concerns over its financial stability. So, how exactly did Kinara reach this tipping point? 

From Profits To Peril: Kinara’s bleak predicament is partly due to a rise in bad loans, difficulties in recovering unsecured loans, higher credit costs, and a decline in assets under management…