Ajay Ramanathan

Ajay writes on the banking, financial services, and insurance segment. He is keen on analysing the multi-fold impact of any news development, and putting it across in the long-form.

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Spotlight: Can Warburg-backed insurer IndiaFirst pick up pace after deferring IPO plan?

Finance

10 October, 2024

Spotlight: Can Warburg-backed insurer IndiaFirst pick up pace after deferring IPO plan?

Bank of Baroda-controlled IndiaFirst Life Insurance Ltd recorded a slowdown in its value of new business (VNB) margin ......

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Consumer

08 October, 2024

HCL's Nadar inks deal to acquire education firm, values target at over 10x revenue

Billionaire Shiv Nadar, founder of IT services company HCL Technologies Ltd, has signed a deal to acquire an education ......

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Finance

07 October, 2024

Bottomline: Warburg-owned Shriram Housing maintains profit, AUM growth trend in FY24

Mortgage lender Shriram Housing Finance Ltd, whose sale to private equity firm Warburg Pincus was announced in May, ......

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Finance

03 October, 2024

Sector scan: Why microfinance firms are bracing for growth slowdown

In March, India’s microfinance sector recorded its biggest private equity transaction. That month, US-based Advent ......

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Finance

30 September, 2024

Spotlight: What went wrong with Warburg-backed Fusion Finance as stock slumps

In December 2018, private equity firm Warburg Pincus made its debut investment in India’s microlending sector when it ......

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Finance

27 September, 2024

IIFL Home's CEO Ratra on growth drivers, high cost of funds, IPO plans and more

IIFL Finance’s home loan subsidiary IIFL Home Finance has seen an uptick of 50% year-on-year in terms of assets under ......

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Finance

26 September, 2024

Bottomline: InCred Finance's profit zooms as loan book jumps above $1 bn

Non-bank lender InCred Financial Services Ltd more than doubled its profit and grew its assets under management at a ......

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Finance

24 September, 2024

Bottomline: Finova Capital's asset quality worsens even as profit rises

Non-bank lender Finova Capital continued to be troubled by asset quality risks in FY24 even as the company sustained an......

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Finance

16 September, 2024

BlackSoil's Ankur Bansal on Caspian merger, funding plans and possible IPO

Earlier this month, impact investment lender Caspian Debt announced a merger with alternative credit provider BlackSoil ......

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Finance

13 September, 2024

Bottomline: PE-owned HDFC Credila's FY24 profit jumps as loan growth sustains

HDFC Credila Financial Services, which recently came under private equity ownership, has sustained the pace of its ......