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Finance

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

China-backed AIIB approves $500 mn loan for India's COVID-19 response

Finance

08 May, 2020

China-backed AIIB approves $500 mn loan for India's COVID-19 response

Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Friday it had approved a $500 million loan to India to help...

India may see 0% GDP growth this fiscal year: Moody's

Economy

08 May, 2020

India may see 0% GDP growth this fiscal year: Moody's

The impact of the coronavirus outbreak will exacerbate the material slowdown in India’s economic growth, with the country...

Everstone logs out of payroll services firm Excelity Global

Finance

07 May, 2020

Everstone logs out of payroll services firm Excelity Global

Private equity firm Everstone Capital has made a complete exit from Excelity Global Solutions Pte Ltd after remaining invested...

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SSG Capital hires Godrej Properties exec for real estate play

Finance

07 May, 2020

SSG Capital hires Godrej Properties exec for real estate play

Hong Kong-based stressed asset specialist SSG Capital has hired a former executive of Godrej Properties Ltd to push its real ......

KKR's first-quarter profit rises 11% on stronger asset sales

Finance

07 May, 2020

KKR's first-quarter profit rises 11% on stronger asset sales

Private equity firm KKR & Co Inc reported an 11% jump in after-tax distributable earnings in the first quarter on ......

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Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare

Finance

07 May, 2020

Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare

Coronavirus has set off a flurry of renegotiations for distressed assets falling under the Insolvency and Bankruptcy Code (IBC)...

Podcast: YourNest's Sunil Goyal on tackling Covid-19 and new fast-track funding plan

Finance

06 May, 2020

Podcast: YourNest's Sunil Goyal on tackling Covid-19 and new fast-track funding plan

Early-stage venture capital firm YourNest has doubled down on most of its portfolio companies in the face of the Covid-19 ......

LGT Group spins out alternative investing, private banking and impact arms

Finance

06 May, 2020

LGT Group spins out alternative investing, private banking and impact arms

Swiss investor LGT Group will split its private banking, alternatives and impact investment businesses into three separate and...

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GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Finance

06 May, 2020

GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Singapore sovereign wealth fund GIC Pte. Ltd shuffled several of its investments in India’s listed banking, financial services...

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How banks' credit growth slumped across sectors in the wake of coronavirus

Finance

06 May, 2020

How banks' credit growth slumped across sectors in the wake of coronavirus

In the last week of April, one month into the national lockdown, commercial banks parked more than Rs 7 trillion ......

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