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Meet Urjit R Patel, new deputy governor of RBI
Update: Reuters reports, quoting union banking secretary, that Urjit Patel has been appointed as a deputy governor of Reserve Bank ......
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Year in review: NBFCs in 2012
Non-banking Finance Companies (NBFCs), which underwent a slew of qualitative changes over the years, have performed ......
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Recap 2012: Year of transition for MFIs
For microfinance institutions (MFIs), the year 2012 was a period of transition after facing strong regulatory headwinds in the past ......
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SBI, Russian sovereign wealth fund to set up $2B joint investment fund
The State Bank of India (SBI) and the Russia Direct Investment Fund (RDIF), a Russian sovereign wealth fund, will set ......
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Accion to invest up to $3M in voice authentication firm Uniphore
Global social investor Accion is looking to invest in Chennai-based voice authentication service provider Uniphore, two sources confirmed to VCCircle. ......
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Axis Capital partners with Baird for cross-border M&A, other i-banking services
Axis Capital, the investment banking subsidiary of Axis Bank, and the US-headquartered Baird, an employee-owned financial services firm, have announced ......
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RBI leaves key policy rate unchanged
The Reserve Bank of India left the policy rates unchanged in its mid-quarter review as expected and has indicated a ......
General
Accion may invest around $25M in India from its new impact investment fund
Global social investor Accion is looking to deploy in India a third of its new early and growth-stage impact investment ......
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Kotak I-banking unit partners Sumitomo Mitsui Banking for India-Japan deals
Kotak Mahindra Capital Company, the i-banking subsidiary of Kotak Mahindra Bank, has entered into an exclusive strategic alliance for cross-border ......
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RBI tightens norms for NBFCs, issues draft guidelines
The Reserve Bank of India has issued draft guidelines for the NBFC sector with an aim to tighten the norms ......
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