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    Consolidation may lead to 10-15 state banks, says govt adviser

    Consolidation may lead to 10-15 state banks, says govt adviser

    Reuters 4 months ago
    A planned consolidation in India’s state-run banking sector may lead to 10...
    Indian banks need $65 bn to meet Basel rules by 2019, says Fitch

    Indian banks need $65 bn to meet Basel rules by 2019, says Fitch

    Reuters 4 months ago
    Indian banks will need additional capital of $65 billion to meet all of global...
    IndusInd Bank inks deal to explore buying microlender Bharat Financial

    IndusInd Bank inks deal to explore buying microlender Bharat Financial

    Ranjani R 4 months ago
    Private-sector lender IndusInd Bank Ltd has entered into an exclusive pact to...
    RBI pushing more loan defaulters towards bankruptcy court

    RBI pushing more loan defaulters towards bankruptcy court

    Reuters 5 months ago
    The Reserve Bank of India (RBI) has asked banks to send at least 20 companies...
    NBFCs march ahead in India as banks grapple with bad loans

    NBFCs march ahead in India as banks grapple with bad loans

    Reuters 8 months ago
    Indian banks’ struggles with bad loans over the past three years have...
    Exclusive: DMI Finance hits last lap to raise capital for fintech arm

    Exclusive: DMI Finance hits last lap to raise capital for fintech arm

    Bruhadeeswaran R 10 months ago
    Non-banking finance company DMI Finance Pvt. Ltd is in the final stages of talks...
    IndusInd Bank to acquire IL&FS Securities

    IndusInd Bank to acquire IL&FS Securities

    Bruhadeeswaran R 10 months ago
    Hindujas-promoted private lender IndusInd Bank has set the ball rolling to...
    ChrysCapital takes out principal investment from Karur Vysya Bank

    ChrysCapital takes out principal investment from Karur Vysya Bank

    Debjyoti Roy 10 months ago
    Home-grown private equity firm ChrysCapital, which raised its seventh fund last...
    GIC picks up 13.45% stake in Can Fin Homes for $113 mn

    GIC picks up 13.45% stake in Can Fin Homes for $113 mn

    TEAM VCC 11 months ago
    Singapore’s sovereign wealth fund GIC Pte Ltd has bought a 13.45% stake in...
    Why the SBI merger may accelerate consolidation in India’s banking sector

    Why the SBI merger may accelerate consolidation in India’s banking sector

    Aman Malik and Keshav Sunkara 11 months ago
    Come April, India will be home to one of the largest banks in the world. The...
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