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

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

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...

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

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 ......

Banks get extra time to comply with revised current account rules

Finance

04 August, 2021

Banks get extra time to comply with revised current account rules

The Reserve Bank of India said it will give banks an extra three months until Oct. 31 to implement revised ......

InCred Financial Services closes second issue of covered bond for $10 mn

Finance

04 August, 2021

InCred Financial Services closes second issue of covered bond for $10 mn

Mumbai-based InCred Financial Services Ltd said it has closed its second issue of covered bond for Rs 75 crore ($10 ......

Anti-monopoly watchdog okays Carlyle deal to buy stake in PNB Housing Finance

Finance

04 August, 2021

Anti-monopoly watchdog okays Carlyle deal to buy stake in PNB Housing Finance

Global private equity major Carlyle’s fundraising deal with PNB Housing Finance (PNBHF) has received deemed approval from...

Stride Ventures' second fund raises over half the targeted corpus to mark first close

Finance

04 August, 2021

Stride Ventures' second fund raises over half the targeted corpus to mark first close

Venture debt firm Stride Ventures on Wednesday said it has marked the first close of its second fund by raising ......

Trifecta Capital appoints Sandeep Bapat as partner for late-stage tech bets

Finance

03 August, 2021

Trifecta Capital appoints Sandeep Bapat as partner for late-stage tech bets

Venture debt firm Trifecta Capital has appointed Sandeep Bapat as a partner for its late-stage tech investment business. Rahul...

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Stressed Assets Wrap: Bankruptcy resolutions continue to move at snail's pace in July

Finance

30 July, 2021

Stressed Assets Wrap: Bankruptcy resolutions continue to move at snail's pace in July

The sluggish pace of bankruptcy resolution seen in May and June worsened in July even as several massive haircuts came ......

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Weekly Deals Wrap: Byju's goes shopping again, Gupshup leads funding chart

Finance

30 July, 2021

Weekly Deals Wrap: Byju's goes shopping again, Gupshup leads funding chart

M&As ruled the weekly dealmaking charts as Byju’s continued its acquisition spree by buying Mumbai-based Toppr for $150...

Ares SSG raises $1.6 bn for third secured lending fund

Finance

30 July, 2021

Ares SSG raises $1.6 bn for third secured lending fund

Alternatives asset manager Ares SSG announced the final close of its Secured Lending Opportunities (SLO) Fund III with capital...

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