Bottomline: Apollo, ChrysCap-backed Hero FinCorp comes out of the red, AUM hits $5 bn

US-based private equity major Apollo Management-backed Hero FinCorp ended the last financial year (FY) on a positive note, coming out of the red while managing its bad loans. The firm, owned by 2-wheeler major Hero MotoCorp Limited and its promoters from Munjal family, reported Rs 480 crore in net profit on ......