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

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Eight Roads' Prem Pavoor on new healthcare themes emerging out of Covid-19 and more

Finance

09 October, 2020

Eight Roads' Prem Pavoor on new healthcare themes emerging out of Covid-19 and more

Eight Roads Ventures India and Southeast Asia, which is part of Fidelity-backed global investment firm Eight Roads, has been investing ......

AION Capital-backed Clix makes non-binding offer for Lakshmi Vilas Bank

Finance

08 October, 2020

AION Capital-backed Clix makes non-binding offer for Lakshmi Vilas Bank

India's Lakshmi Vilas Bank (LVB) has received a non-binding offer from Clix Group, the private sector lender said on Thursday,...

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Nabard steps up LP bets, adds sector-agnostic fund to portfolio

Finance

09 October, 2020

Nabard steps up LP bets, adds sector-agnostic fund to portfolio

The National Bank for Agriculture and Rural Development (Nabard) continued to increase its exposure to venture capital firms and...

South Asia faces worst-ever recession, India GDP to shrink 9.5%: World Bank

Economy

08 October, 2020

South Asia faces worst-ever recession, India GDP to shrink 9.5%: World Bank

Millions of people in South Asia are being pushed into extreme poverty as the region where a quarter of humanity ......

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Has PE dealmaking in India bottomed out after slumping to decade-low?

Finance

08 October, 2020

Has PE dealmaking in India bottomed out after slumping to decade-low?

The number of private equity deals in India increased for the first time in four quarters during the July-September period ......

SBI's new chief says top priority to maintain loan book quality

Finance

08 October, 2020

SBI's new chief says top priority to maintain loan book quality

India's largest lender, State Bank of India's newly appointed chairman said that his focus areas as he takes over will...

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Julius Baer hires Credit Suisse exec to sharpen focus on wealthy Indians, NRIs

Finance

07 October, 2020

Julius Baer hires Credit Suisse exec to sharpen focus on wealthy Indians, NRIs

Swiss private banking group Julius Baer has appointed a Credit Suisse executive as its Hong Kong-based group head for global ......

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How was CX Partners' exit from security services firm?

Finance

07 October, 2020

How was CX Partners' exit from security services firm?

Private equity firm CX Partners has fully exited its seven-and-a-half-year-old investment in a security services provider and...

Banks fear govt interest waiver will add to costs, spark litigation

Finance

07 October, 2020

Banks fear govt interest waiver will add to costs, spark litigation

Indian bankers fear the government's decision to waive some interest payments on loans under a COVID-19 support plan will...

Govt appoints Dinesh Khara as chairman of State Bank of India

Finance

07 October, 2020

Govt appoints Dinesh Khara as chairman of State Bank of India

The Indian government on Tuesday appointed Dinesh Khara as chairman of the State Bank of India (SBI), the country's top ......

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