Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Economy
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 ......
Finance
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 ......
Finance
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 ......
Economy
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...
Finance
Proparco injects debt capital into Indian non-bank lender
Proparco SA, the private-sector arm of French development finance institution Agence Française de Développement,...
Finance
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...
Finance
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 ......
Finance
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...
Finance
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 ......
Finance
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 ......