1. Banking
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 1 month ago
Non-banking finance company DMI Finance Pvt. Ltd is in the final stages of talks to raise a fresh round of equity capital to roll out...
ChrysCapital takes out principal investment from Karur Vysya Bank

ChrysCapital takes out principal investment from Karur Vysya Bank

Debjyoti Roy 2 months ago
Home-grown private equity firm ChrysCapital, which raised its seventh fund last month, has sold another chunk of its shares in one of its financial services...
IndusInd Bank to acquire IL&FS Securities

IndusInd Bank to acquire IL&FS Securities

Bruhadeeswaran R 2 months ago
Hindujas-promoted private lender IndusInd Bank has set the ball rolling to acquire IL&FS Securities Services Ltd (ISSL) for an undisclosed amount. The company said in...
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 2 months ago
Singapore’s sovereign wealth fund GIC Pte Ltd has bought a 13.45% stake in mortgage lender Can Fin Homes Ltd from state-run Canara Bank for Rs...
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 2 months ago
Come April, India will be home to one of the largest banks in the world. The merger of the government-owned State Bank of India (SBI)...
How was ChrysCap’s partial exit from Karur Vysya Bank?

How was ChrysCap’s partial exit from Karur Vysya Bank?

Bruhadeeswaran R 2 months ago
Private equity firm ChrysCapital Investment Advisors India Pvt. Ltd, which has built a portfolio of banking and financial services companies, sold over half its stake...
Kotak sells $338 mn stake to CDPQ, CPPIB

Kotak sells $338 mn stake to CDPQ, CPPIB

Ranjani Raghavan 2 months ago
Billionaire Uday Kotak has sold about a 1.5% stake in Kotak Mahindra Bank Ltd to Caisse de Depot et Placement du Quebec (CDPQ) and CPP...
Exclusive: True North-backed small finance bank licensee Fincare gets new PE investors

Exclusive: True North-backed small finance bank licensee Fincare gets new PE inves...

At least three private equity firms have invested in Fincare Business Services Pvt. Ltd as its flagship business Disha Microfin Pvt. Ltd looks to start...
RBL Bank is financial services company of the year: VCCircle Awards

RBL Bank is financial services company of the year: VCCircle Awards

Bruhadeeswaran R 2 months ago
RBL Bank Ltd has witnessed a complete transformation over the past seven years since the new management took over the operations of the erstwhile Ratnakar...
Exclusive: Ankur Dalwani quits I-banking firm Jefferies to join biz conglomerate

Exclusive: Ankur Dalwani quits I-banking firm Jefferies to join biz conglomerate

Bruhadeeswaran R 2 months ago
Ankur Dalwani, a managing director at Jefferies India Pvt. Ltd, has quit the investment banking firm after a two-year stint, two people familiar with the...
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