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Finance

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

Govt plans to cut spending to curb deficit; may hurt growth

Economy

06 January, 2020

Govt plans to cut spending to curb deficit; may hurt growth

India’s government is likely to cut spending for the current fiscal year by as much as 2 trillion Indian rupees ......

ESAF Small Finance Bank files for $135 mn IPO

Finance

06 January, 2020

ESAF Small Finance Bank files for $135 mn IPO

ESAF Small Finance Bank on Monday filed its draft red herring prospectus with the Securities and Exchange Board of India ......

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Bay Capital founder Siddharth Mehta on investment strategy, focus areas and more

Finance

06 January, 2020

Bay Capital founder Siddharth Mehta on investment strategy, focus areas and more

Bay Capital Partners, an India-focused investment firm, has been investing in publicly traded companies for about 13 years. Its present ......

India services activity climbs to five-month high in December

Economy

06 January, 2020

India services activity climbs to five-month high in December

Activity in India’s dominant service industry accelerated to a five-month high in December as demand rose at the fastest...

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Proparco injects debt capital into Indian non-bank lender

Finance

06 January, 2020

Proparco injects debt capital into Indian non-bank lender

Proparco SA, the private-sector arm of French development finance institution Agence Française de Développement,...

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Bain-Piramal ARC seals second distressed debt deal

Finance

03 January, 2020

Bain-Piramal ARC seals second distressed debt deal

The asset reconstruction joint venture of Piramal Enterprises Ltd and Bain Capital Credit has bought a portfolio of loans from...

Microlender Satin Creditcare raises debt capital from Development Bank of Austria

Finance

03 January, 2020

Microlender Satin Creditcare raises debt capital from Development Bank of Austria

Microfinance firm Satin Creditcare Network Ltd has raised $15 million (Rs 107.6 crore at current exchange rate) in debt from ......

Axis Bank elevates Talgeri to chief risk officer, ropes in AIA exec

Finance

31 December, 2019

Axis Bank elevates Talgeri to chief risk officer, ropes in AIA exec

India's third-largest private sector lender Axis Bank has strengthened its senior management through appointments of key personnel...

Karvy Group names new head for financial services arm

Finance

31 December, 2019

Karvy Group names new head for financial services arm

India’s Karvy Group said on Tuesday it has appointed a new head of its financial services unit as part of ......

Flashback 2019: Global M&As stable but cross-border deals slump

Finance

31 December, 2019

Flashback 2019: Global M&As stable but cross-border deals slump

A rise in large mergers and acquisitions (M&A) helped offset a plunge in cross-border deals in 2019, and many dealmakers ......

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