Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Lakshmi Vilas Bank to merge with Indiabulls Housing Finance
Private-sector lender Lakshmi Vilas Bank’s board on Friday approved a merger with mortgage lender Indiabulls Housing Finance...
Finance
Bank of India invites bids for partial stake in insurance JV
Public sector lender Bank of India has proposed to sell its 25.05% stake in joint venture Star Union Dai-ichi Life ......
Economy
What the SC order on stressed assets means for ARCs, PE funds, strategic buyers
The Supreme Court (SC) order quashing the central bank’s framework on bad loans may give more shopping time to investors,...
Economy
After SC order, RBI to issue fresh circular on bad debt resolution
The Reserve Bank of India (RBI) said on Thursday it would issue a revised circular on the resolution of stressed ......
Finance
Why fund managers are leaving established firms and venturing on their own
Fund managers venturing out on their own is not a new trend but it definitely gained momentum in 2018. What’s ......
Finance
White Oak Capital set to make final close of second fund
White Oak Capital Management, a boutique investment management and advisory firm set up by former Goldman Sachs executive Prashant...
Economy
RBI cuts repo rate by 25 basis points to 6%
The Reserve Bank of India (RBI) cut its benchmark interest rate by 25 basis points on Thursday, in a widely ......
Finance
Govt may direct state-run banks on bad debt after court's rejection of RBI rules
The government could issue directions to state-run banks to resolve corporate default cases and ensure there is no tampering with...
Finance
Goldman Sachs wants ‘curious' engineers to drive digital innovation
Goldman Sachs Group Inc on Wednesday launched an initiative to attract tech-savvy engineers to the bank to take part in ......
Finance
Blackstone raises $22 bn for its biggest private equity fund
Asset manager Blackstone Group LP has raised more than $22 billion for its flagship buyout fund, which would be the ......
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