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