General
IDBI Bank raises $250M in Singapore Dollar market
In its maiden Singapore Dollar bond issue, public sector IDBI Bank has raised $ 250 million for a 3-year maturity ......
General
RBI urges govt to fast-track infra projects
The hopes of Finance Minister P Chidambaram to revive the investment climate in the Indian economy received a reality check ......
General
PE-backed Magma ropes in CEO for housing finance biz from ICICI Home Finance
Kolkata-based non banking finance company Magma Fincorp has appointed Sachin Khandelwal as CEO for Magma Housing Finance, a new subsidiary ......
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Vikram Gandhi to represent GAWA Microfinance Fund on Janalakshmi board
GAWA Microfinance Fund (GAWA) has appointed Vikram Gandhi as its nominee on the board of Janalakshmi Financial Services Private Limited. ......
General
Axis Bank latest to tap overseas bond market
Axis Bank has proposed to raise foreign currency senior unsecured notes under the bank’s € 2 billion medium term notes ......
Manufacturing
StanChart PE invests $15.5M in IFC-backed Craftsman Automation
Standard Chartered Private Equity (SCPE) has invested Rs 85 crore ($15.5 million) for a minority stake in Craftsman Automation Private ......
General
Union Bank raises $350M through sale of overseas bonds
Union Bank of India has sold five-year dollar bonds raising $ 350 million at a spread of about 390 basis ......
General
Micro-lender Kiva makes India foray
San Francisco headquartered crowd-funding micro-lender Kiva launched its first service in India on Thursday. Leveraging the internet and a worldwide ......
General
MAS Financial raises growth capital from DEG
Ahmedabad-based MAS Financial Services has raised an undisclosed amount in growth capital from German development financial institution Deutsche Investitions- und ......
General
Andhra Bank expects credit growth coming from priority sector lending, project loans
Many bankers believe the current growth dynamics essentially indicate that credit growth is not likely to pick up in sectors ......
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