Private equity major KKR is looking to merge its wholesale non-banking financial company (NBFC) business with Mumbai-based InCred’s retail franchise and will invest in InCred as part of the deal. The combined entity will operate under the InCred brand name, and post the deal, the merged loan book size is expected to be around ₹6,000 crore. KKR and InCred are said to have signed an exclusivity agreement to execute the deal.