Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Maharashtra govt readies new fintech fund for direct startup bets
Government of Maharashtra-backed Mumbai FinTech Hub plans to set up a fund to take direct equity stakes in financial technology...
Finance
SBI's credit card business aims to raise $1.1 bn via IPO
SBI Card & Payments Services Ltd, the credit card subsidiary of State Bank of India, plans to raise about 80 ......
Finance
Lakshmi Vilas Bank CEO quits ahead of merger with Indiabulls Housing
Lakshmi Vilas Bank’s chief executive officer and managing director Parthasarathi Mukherjee has resigned citing personal...
Finance
Indian fintech startups grappling with KYC, data use norms: VCCircle FinServ Summit
Firms in India’s nascent financial technology (fintech) segment are waiting for further clarity on know-your-customer (KYC)...
Finance
Anicut Capital hits first close of second debt fund; may rope in SIDBI as LP
Anicut Capital LLP has marked the first close of its second debt fund within three months of its launch, as ......
Finance
Dutch development bank FMO plans to invest in Lok Capital's fourth fund
FMO, the Netherlands’ development finance company, plans to invest $15 million (Rs 107.4 crore) in the fourth fund of Indian...
Economy
Govt eases foreign investment rules for digital media, other sectors to boost growth
India’s cabinet on Wednesday approved further liberalizing of foreign direct investment (FDI) rules in four sectors, in...
Finance
General Atlantic-backed IIFL Wealth to buy L&T Finance's wealth management biz
IIFL Wealth Management Ltd said on Wednesday it has agreed to acquire the wealth management arm of L&T Finance Holdings ......
Finance
LGT acquires impact investor Aspada from Soros fund
Swiss investor LGT has acquired Aspada, an India-focused impact investment fund, to expand its impact investing platform LGT Lightstone. LGT...
Finance
Macquarie to raise $675 mn for renewable energy, tech investment
Australian investment bank Macquarie Group Ltd has targeted A$1 billion ($675.4 million) in its biggest capital raising to ramp...
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