Top Stories

Ratan Tata, Nandan Nilekani to set up microfinance firm Avanti

PTI

Ratan Tata, Nandan Nilekani and Vijay Kelkar have come together to set up a technology-enabled microfinance entity, Avanti Finance, which will focus on delivering affordable and timely credit to under-served and un-served segments in India.

 Exclusive: Capital Small Finance Bank seeks to raise capital from private equity investors

Bruhadeeswaran R & Ranjani Raghavan

Punjab-based Capital Small Finance Bank (CSFB), formerly Capital Local Area Bank, is in talks to raise equity funding from institutional investors to shore up its capital base as well as enhance presence and lending capability, a top company executive told VCCircle. 

India needs ‘mini bangs’, not a ‘big bang’: Raghuram Rajan

PTI

Outgoing RBI Governor Raghuram Rajan on Friday rejected granting any leeway in norms for activities of 'national importance' like funding of infrastructure, saying that the Reserve Bank cannot compromise systemic stability and government should "subsidise" such works.

Rating agencies give thumbs up to RBI’s new corporate and masala bond norms

PTI

RBI's move to allow banks to issue masala bonds will remove obstacles for lenders in accessing additional tier I (AT1) and tier II bond capital and also widen the investors pool, says Fitch.

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