Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Centrum Financial Services, BharatPe set to take over PMC Bank after central bank nod
The Reserve Bank of India (RBI) on Friday said it has decided to give an in-principle approval to Centrum Financial ......
Finance
Weekly Deals Wrap: Total transaction value flatlines, Byju's looms large
Deal-making almost halved during the week with over $490 million changing hands across venture capital, private equity and merger...
Finance
Carlyle arm to offload 5.1% stake in SBI Cards for $675 mn
US private equity (PE) major Carlyle’s arm has decided to offload 5.1% stake in government-backed SBI Cards and Payment...
Finance
Fed signals higher rates in 2023, bond-buying taper talks as virus fades
The Federal Reserve on Wednesday began closing the door on its pandemic-driven monetary policy as officials projected an accelerated...
Finance
IFC, associate entities to invest Rs 916 crore in Federal Bank
World Bank investment arm International Finance Corporation (IFC) and two associate entities will invest Rs 916 crore ($124 million...
Finance
Ares SSG-backed ARC set to lose bid for stressed home finance firm
An Ares SSG-backed asset reconstruction company (ARC) is set to lose a potential bid to acquire assets of large debt-laden ......
Finance
Lone Star Funds India head set to join global investment bank
The top India executive of US private equity and distressed assets investor Lone Star Funds is set to join a ......
Finance
India central bank to focus on growth even as inflation breaches tolerance band
The Reserve Bank of India is unlikely to react yet to multi-month high retail prices as economic recovery remains its ......
Finance
Piramal to get funding from StanChart, Barclays Bank for DHFL buyout
Piramal Group is set to receive Rs 13,500 crore ($1.8 billion) in loans from two foreign lenders Barclays Bank and ......
Finance
Weekly Deals Wrap: Tata Digital in twin deals, Apax Partners strikes again in IT services
Investors continued their relentless focus on technology companies through the week with a focus on Software as a Service (SaaS)...
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