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Finance

Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

Tribunal delivers split verdict over PNB Housing Finance-Carlyle share deal

Finance

10 August, 2021

Tribunal delivers split verdict over PNB Housing Finance-Carlyle share deal

Securities Appellate Tribunal (SAT) has delivered a split verdict over PNB Housing Finance's Rs 40,000 crore ($5.4 billion)...

Avendus Finance promotes Nilesh Dhedhi to helm structured credit

Finance

09 August, 2021

Avendus Finance promotes Nilesh Dhedhi to helm structured credit

Avendus Finance, the credit solutions arm of investment bank Avendus Capital, has elevated Nilesh Dhedhi to helm the structured...

Indian bankers in talks as court rulings threaten over $6 bn in loans

Finance

09 August, 2021

Indian bankers in talks as court rulings threaten over $6 bn in loans

Informal talks are taking place to deal with the fall-out from two rulings by India's Supreme Court that threaten the ......

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UVARCL picks up 15% debt of engineering services firm from SBI

Finance

09 August, 2021

UVARCL picks up 15% debt of engineering services firm from SBI

UV Asset Reconstruction Company Ltd (UVARCL) has bought about 15% debt of a stressed construction and engineering services firm,...

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Weekly Deals Wrap: It's all unicorns and rainbows in the world of B2B

Finance

06 August, 2021

Weekly Deals Wrap: It's all unicorns and rainbows in the world of B2B

This week investors funded three unicorns, taking the total number of startups that crossed the $1 billion valuation mark this...

Policybazaar, Lenskart backer Chiratae marks final close of fourth fund at $337 mn

Finance

06 August, 2021

Policybazaar, Lenskart backer Chiratae marks final close of fourth fund at $337 mn

Venture capital firm Chiratae Ventures, which has backed homegrown unicorns such as Policybazaar and Lenskart, on Friday said...

Central bank keeps rates steady at record lows, raises inflation forecast

Finance

06 August, 2021

Central bank keeps rates steady at record lows, raises inflation forecast

The Reserve Bank of India's monetary policy committee kept interest rates steady at record lows on Friday, as widely predicted,...

Singapore's DBS bets on post-pandemic recovery, profit up on lower credit costs

Finance

05 August, 2021

Singapore's DBS bets on post-pandemic recovery, profit up on lower credit costs

Singapore's DBS Group Holdings flagged strong loan growth and lower credit costs ahead after a rebound in its mainstay home...

Equirus Group enters insurance broking biz with launch of Equirus Insurance

Finance

05 August, 2021

Equirus Group enters insurance broking biz with launch of Equirus Insurance

Mumbai-based investment bank Equirus Group has entered the insurance broking business under the Equirus Insurance brand. The vertical...

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Carlyle to take away 1.9x return from investment in SBI Life

Finance

05 August, 2021

Carlyle to take away 1.9x return from investment in SBI Life

Carlyle Asia Partners V is set to completely exit its investment in India’s third-largest life insurer with almost 2x returns,...

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