Finance

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

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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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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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...

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...

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,...

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...

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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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,...

Finance

05 August, 2021

Japan's SMFG seeks CCI nod to acquire Fullerton India Credit

Japan’s Sumitomo Mitsui Financial Group (SMFG) has filed a proposal with the Competition Commission of India (CCI) to acquire...

Finance

04 August, 2021

KKR earnings more than double on strong transaction fees, asset sales

Private equity firm KKR & Co Inc said on Tuesday its after-tax distributable earnings more than doubled in the second ......

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