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Finance

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

PAG to buy 51% stake in Edelweiss Wealth Management for $300 mn

Finance

27 August, 2020

PAG to buy 51% stake in Edelweiss Wealth Management for $300 mn

Hong Kong private equity firm PAG has struck its second India related transaction as it inks an agreement to pick ......

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Shriram Transport parent nominates PE exec ousted from board

Finance

27 August, 2020

Shriram Transport parent nominates PE exec ousted from board

Shriram Transport Finance Corporation (STFC) and its promoters have nominated for re-induction as a director an executive of private...

Economy more resilient now vs global financial crisis, says RBI Governor

Economy

27 August, 2020

Economy more resilient now vs global financial crisis, says RBI Governor

The Indian economy remains much stronger amid the coronavirus pandemic than it was during the global financial crisis over a ......

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Sequoia Capital floats annex funds for India, other markets

Finance

26 August, 2020

Sequoia Capital floats annex funds for India, other markets

Sequoia Capital, which raised a record corpus for its new India and Southeast Asia fund last month, has floated annex ......

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Oman India PE fund hits final close of second fund after long slog

Finance

26 August, 2020

Oman India PE fund hits final close of second fund after long slog

Mid-market private equity firm Oman India Joint Investment Fund (OIJIF) has made a final close of its second fund, more ......

No funds available: Depositors at PMC Bank survive on loans, charity

Finance

26 August, 2020

No funds available: Depositors at PMC Bank survive on loans, charity

In February, 82-year-old Kishan Lal appealed to India's finance minister for help, saying in a Twitter message he was ready...

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SBI gets new head to wrestle down bad loans worth $17.5 bn

Finance

25 August, 2020

SBI gets new head to wrestle down bad loans worth $17.5 bn

India’s largest lender State Bank of India (SBI) has appointed a new managing director (MD) to manage down gross non-performing...

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Company Watch: Can PE-backed Veritas Finance lift profitability, asset quality?

Finance

25 August, 2020

Company Watch: Can PE-backed Veritas Finance lift profitability, asset quality?

Veritas Finance Pvt. Ltd was founded in 2015 to finance the “missing middle”.  This target segment, located...

Govt consumption key to demand growth in economy: RBI report

Economy

25 August, 2020

Govt consumption key to demand growth in economy: RBI report

Indian government spending will support the economy during the pandemic, but private consumption will be needed to drive any economic ......

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Indian School Finance hires new CEO in turnaround effort

Finance

25 August, 2020

Indian School Finance hires new CEO in turnaround effort

Indian School Finance Company Pvt. Ltd (ISFC) has appointed a new managing director and chief executive and also raised fresh...

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