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

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Allianz ropes in Edelweiss exec for Asian private credit biz

Finance

19 August, 2019

Allianz ropes in Edelweiss exec for Asian private credit biz

Allianz Global Investors Asia Pacific Pvt. Ltd has hired an Edelweiss Group executive for its Asia private credit team.   Siddharth...

Housing financier Aviom raises Series B funding from Japanese, Dutch investors

Finance

19 August, 2019

Housing financier Aviom raises Series B funding from Japanese, Dutch investors

Delhi-based Aviom India Housing Finance Pvt. Ltd has raised Rs 60 crore ($8.4 million) from Japan's Gojo & Company and...

RBI weighs linking some new bank loans to policy rate

Economy

19 August, 2019

RBI weighs linking some new bank loans to policy rate

The Reserve Bank of India is looking to get banks to link some new loans to its key policy rate ......

PE-backed microlender Spandana Sphoorty makes tepid stock market debut

Finance

19 August, 2019

PE-backed microlender Spandana Sphoorty makes tepid stock market debut

Hyderabad-based microlender Spandana Sphoorty Financial Ltd made a weak debut on the stock exchanges on Monday with its shares...

Ujjivan Small Finance Bank files for IPO

Finance

16 August, 2019

Ujjivan Small Finance Bank files for IPO

Ujjivan Small Finance Bank Ltd, a unit of non-bank lender Ujjivan Financial Services Ltd, has filed a draft prospectus with ......

FMO plans $15 mn investment in BanyanTree's third private equity fund

Finance

16 August, 2019

FMO plans $15 mn investment in BanyanTree's third private equity fund

FMO, the Netherlands’ development finance company, plans to invest $15 million (about Rs 107 crore) in the third fund of...

State Bank of India gears up for IPO of PE-backed credit cards unit

Finance

14 August, 2019

State Bank of India gears up for IPO of PE-backed credit cards unit

State Bank of India is considering a plan to dilute its stake in its credit card subsidiary via an initial ......

Standard Life sells $452-mn stake in HDFC Life Insurance

Finance

14 August, 2019

Standard Life sells $452-mn stake in HDFC Life Insurance

Standard Life, the UK-based investment manager, on Wednesday sold shares worth Rs 3,225.49 crore ($452 million at current exchange...

Ontario Teachers' Pension Plan may open Mumbai office, increase India investments

Finance

14 August, 2019

Ontario Teachers' Pension Plan may open Mumbai office, increase India investments

Ontario Teachers' Pension Plan, one of the world's biggest pension funds, plans to hire "extensively" in Asia...

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Indian I-banking veteran to acquire IDFC's securities broking business

Finance

14 August, 2019

Indian I-banking veteran to acquire IDFC's securities broking business

A top investment banking professional has struck a deal to purchase the securities broking business of IDFC Ltd in a ......

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