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

World Bank slashes India's growth forecast to 6% for this fiscal year

Economy

14 October, 2019

World Bank slashes India's growth forecast to 6% for this fiscal year

The World Bank on Sunday slashed its growth forecast for India’s current fiscal year to 6%, down from 7.5%, warning ......

Bank of Baroda, BNP Paribas to merge mutual fund businesses

Finance

12 October, 2019

Bank of Baroda, BNP Paribas to merge mutual fund businesses

The mutual fund arms of state-run lender Bank of Baroda and the India unit of French financial services group BNP ......

Reliance Capital to exit securities broking business after management buyout

Finance

11 October, 2019

Reliance Capital to exit securities broking business after management buyout

Businessman Anil Ambani-led Reliance Capital Ltd said on Friday it has signed a pact to sell Reliance Securities Ltd’s broking...

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Quadria Capital, ING team up to offer loans linked to ESG targets

Finance

11 October, 2019

Quadria Capital, ING team up to offer loans linked to ESG targets

Healthcare-focussed private equity firm Quadria Capital has secured a commitment from Dutch financial services giant ING Group...

Policybazaar backer Inventus raises $52 mn for third venture capital fund

Finance

10 October, 2019

Policybazaar backer Inventus raises $52 mn for third venture capital fund

Inventus Capital Partners has hit the final close on its third venture capital fund, as the India-focussed early-stage investment...

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With renewed cleanup act, can Yes Bank attract ‘confidence capital' for revival?

Finance

10 October, 2019

With renewed cleanup act, can Yes Bank attract ‘confidence capital' for revival?

Yes Bank’s new management is busy firefighting the mid-sized private sector lender’s bad loan problems that stretch...

Govt weighs stricter laws to curb frauds in co-operative banks

Finance

10 October, 2019

Govt weighs stricter laws to curb frauds in co-operative banks

The India government is considering amending laws to curb malpractices at co-operative banks in Asia’s third-largest economy,...

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Investec beefs up India team to boost mid-market coverage

Finance

10 October, 2019

Investec beefs up India team to boost mid-market coverage

Investec Capital Services (India) Pvt. Ltd has expanded its team for investment banking and equity capital market businesses to...

Moody's cuts growth forecast for India to 5.8% this fiscal year

Economy

10 October, 2019

Moody's cuts growth forecast for India to 5.8% this fiscal year

Moody’s Investors Service on Thursday cut its growth forecast for India for the fiscal year that began in April to ......

RBI blocks merger of Lakshmi Vilas Bank with Indiabulls Housing

Finance

09 October, 2019

RBI blocks merger of Lakshmi Vilas Bank with Indiabulls Housing

Indian lender Lakshmi Vilas Bank Ltd (LVB) said on Wednesday the central bank had not approved its merger with Indiabulls ......

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