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InCred kicks off talks to merge with KKR’s NBFC

InCred kicks off talks to merge with KKR’s NBFC

The two companies have entered into exclusive discussions for the next six-eight weeks, said sources briefed on the matter, as they look to finalise terms. The deal, if successful, will create an NBFC with a loan book of over Rs 6,000 crore with a focus on the consumer lending segment.