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Finance

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

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,...

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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