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Bruhadeeswaran R

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Catholic Syrian Bank to raise around $40M in proposed IPO

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31 October, 2013

Catholic Syrian Bank to raise around $40M in proposed IPO

Catholic Syrian Bank (CSB) is aiming to mop up Rs 250 crore ($40.7 million) in its proposed public offer, said ......

Fulcrum Venture India makes first close of second fund just short of $10M

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31 October, 2013

Fulcrum Venture India makes first close of second fund just short of $10M

Early stage investor Fulcrum Venture India (FVI) has achieved first close of its second investment fund at Rs 60 crore ......

ICICI Bank's PAT rises 20%; overall group sees 13% increase in net profit in Q2

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25 October, 2013

ICICI Bank's PAT rises 20%; overall group sees 13% increase in net profit in Q2

ICICI Bank posted a 20 per cent rise in standalone net profit to Rs 2,352 crore for the quarter ended ......

IFMR Rural Channels raises $5M from Tata Capital

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24 October, 2013

IFMR Rural Channels raises $5M from Tata Capital

IFMR Rural Channels and Services Pvt Ltd (IRCS) has raised equity funding of Rs 32 crore ($5.2 million) from Tata ......

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We look to commit $100M each year in small PE funds: Vikram Raju of IFC

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15 October, 2013

We look to commit $100M each year in small PE funds: Vikram Raju of IFC

International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, is one of the most active ......

Development Credit Bank posts 50% rise in net profit in Q2

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15 October, 2013

Development Credit Bank posts 50% rise in net profit in Q2

Development Credit Bank Ltd (DCB), reported a 50 per cent increase in the net profit to Rs 33 crore in ......

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PE-backed banks continue to outperform peers across critical operational metrics

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11 October, 2013

PE-backed banks continue to outperform peers across critical operational metrics

Private equity backed banks bucked overall industry in terms of returns on advances adjusted for cost of funds and also ......

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IFC to commit over $80M in mid-market India-focused PE funds by next June

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10 October, 2013

IFC to commit over $80M in mid-market India-focused PE funds by next June

International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, is looking to commit up to ......

IFC to raise $1B rupee-denominated bond to finance private sector firms in India

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10 October, 2013

IFC to raise $1B rupee-denominated bond to finance private sector firms in India

International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, has launched a $1 billion offshore ......

Arundhati Bhattacharya is new SBI chief

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08 October, 2013

Arundhati Bhattacharya is new SBI chief

Arundhati Bhattacharya is named chairperson of the country’s largest public sector bank, State Bank of India (SBI). She will replace ......