Finance

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

RBI asks non-bank lenders to appoint risk officers

Finance

17 May, 2019

RBI asks non-bank lenders to appoint risk officers

Indian shadow banks with more than 50 billion rupees ($714 million) in assets must appoint a chief risk officer, the ......

Finance

16 May, 2019

Bank of India to sell stressed assets worth $4.3 bn to ARCs

Indian government-owned Bank of India plans to put stressed assets worth Rs 30,000 crore (around $4,280 million at current exchange...

Finance

16 May, 2019

Värde Partners, General Atlantic's pacts to invest in PNB Housing fall through

Alternative investment firms General Atlantic and Värde Partners have terminated agreements to buy a 13.1% stake in PNB Housing...

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Finance

16 May, 2019

Vivriti Capital set to make first close for alternative investment fund

Chennai-based Vivriti Capital Pvt. Ltd, which runs an online platform for institutional debt in India, aims to make a final ......

Finance

16 May, 2019

Kissht, Licious backer Vertex hits target corpus for new India, Southeast Asia VC fund

Vertex Venture Holdings Ltd, an early-stage venture capital firm backed by Singapore's Temasek Holdings, has raised the targeted...

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Finance

16 May, 2019

ARCIL looks to beef up war chest for acquiring stressed assets

Asset Reconstruction Company (India) Ltd (ARCIL) plans to raise at least Rs 1,000 crore ($142 million) in the current financial...

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Finance

15 May, 2019

Former Edelweiss exec Vikas Khemani floats public markets-focused AIF

Carnelian Capital, an investment firm floated by former Edelweiss top executive Vikas Khemani, is launching an alternative investment...

Finance

15 May, 2019

What the top court's ruling in ArcelorMittal case means for PE firms in 'control' deals

The definition of “control” of a listed company under the Securities and Exchange Board of India's (SEBI) Takeover...

Finance

14 May, 2019

GREE Ventures hits third fund's milestone, rebrands as Strive

Japanese venture capital firm GREE Ventures has marked the first close of its third fund that seeks to raise $130 ......

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Finance

14 May, 2019

LP commitment to Indian public markets-focused PE and hedge funds remains slow

Capital flow into Indian private equity and hedge funds that focus on public markets remained slow during the January-March quarter...

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