Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Impact investor Lok Capital scores another profitable exit with housing finance NBFC
Impact investor Lok Capital has booked a profitable exit from a four-year old investment in a non-banking finance company (NBFC)...
Finance
InCred Asset Management onboards ICICI Prudential exec as CEO, investment chief
InCred Asset Management, the fund management arm of the InCred Group, has hired ICICI Prudential AMC’s Mrinal Singh as its...
Finance
Sterlite Power raises Rs 1,300 crore bridge finance from Allianz, local investor
Transmission company Sterlite Power has raised Rs 1,300 crore ($176.7 million) in debt financing from Germany’s Allianz...
Finance
Volkswagen Finance turns majority stakeholder in KUWY Technology
Volkswagen Finance on Monday said it has increased its shareholding in Chennai-based automotive lending startup KUWY Technology...
Finance
Indian lenders' bad loans may rise significantly: Financial stability report
Indian banks may see bad loans double despite signs of an improvement in the economic impact of the COVID-19 pandemic, ......
Finance
Dutch development finance institutions to invest in agri-focused NBFC Samunnati
Samunnati Financial Intermediation & Services Pvt Ltd will raise €10 million (about $12 million or Rs 89 crore) in debt...
Consumer
PE-backed Parag Milk Foods to raise debt funding from IFC
Parag Milk Foods Ltd, the dairy and value-added products manufacturer that offers brands including the Go brand of cheese, will...
Finance
SMEcorner CEO Samir Bhatia on asset-light co-lending, growth roadmap post pandemic
Coming through a difficult year on account of the Covid-19 pandemic, microlending platform SMEcorner expects to more than double...
Finance
Edelweiss Group's Hemant Daga on post-COVID outlook, distressed opportunities
In a pandemic hit year, Mumbai headquartered Edelweiss was among the few financial services groups that raised capital for new ......
Finance
Homegrown PE joins new funding round in Morgan Stanley-backed Ummeed Housing Finance
Gurugram-based Ummeed Housing Finance Pvt Ltd is in the process of closing an equity round from returning investors and a ......