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