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.
Finance
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 ......
Consumer
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 ......
Finance
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, ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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......
Finance
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 ......
Finance
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 ......
