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Finance

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

A91 Partners buys Accion's stake in SME lender Aye Finance

Finance

16 January, 2020

A91 Partners buys Accion's stake in SME lender Aye Finance

US-based non-profit organisation Accion International has sold its stake in non-banking financial company Aye Finance Pvt. Ltd,...

Equifax to buy out SBI, other partners in India joint venture

Finance

15 January, 2020

Equifax to buy out SBI, other partners in India joint venture

State Bank of India and five other lenders are selling their stake in Equifax Credit Information Services Pvt. Ltd, the ......

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Baring PE Asia gears up to float third India credit fund

Finance

15 January, 2020

Baring PE Asia gears up to float third India credit fund

Baring Private Equity Asia’s India-focused credit platform is preparing to hit the road to raise its third fund, as it ......

HSA Advocates hires Shardul Amarchand exec as partner

Finance

15 January, 2020

HSA Advocates hires Shardul Amarchand exec as partner

New Delhi-based full-service law firm HSA Advocates has hired Sunando Mukherjee from rival Shardul Amarchand Mangaldas & Co....

Singapore launches new framework for investment funds

Finance

15 January, 2020

Singapore launches new framework for investment funds

Singapore launched a new corporate structure for investment funds with 20 so-called Variable Capital Companies (VCC) on Wednesday,...

Govt plans new law to protect foreign investment

Economy

15 January, 2020

Govt plans new law to protect foreign investment

India is planning a new law to safeguard foreign investment by speeding up dispute resolution, aiming to attract more capital...

KKR to inject $150 mn into India NBFC after spike in bad loans, top-deck shuffle

Finance

15 January, 2020

KKR to inject $150 mn into India NBFC after spike in bad loans, top-deck shuffle

Private equity firm KKR & Co. Inc. has committed $150 million (about Rs 1,063 crore) to its Indian non-banking finance ......

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Village Financial seeks private growth capital after deferring IPO

Finance

14 January, 2020

Village Financial seeks private growth capital after deferring IPO

Microlender Village Financial Services Ltd is looking to raise private capital and convert to a small finance bank in a ......

Canara Bank calls off plan to sell housing finance arm yet again

Finance

14 January, 2020

Canara Bank calls off plan to sell housing finance arm yet again

Canara Bank said on Tuesday it has scrapped a plan to sell its entire stake in housing finance arm Can ......

Govt appoints Michael Patra as RBI deputy governor

Finance

14 January, 2020

Govt appoints Michael Patra as RBI deputy governor

India’s government appointed career central banker Michael Patra as one of the Reserve Bank of India’s four deputy...

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