Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO
Dena Bank, one of the weakest public-sector lenders, has posted losses for three financial years in a row, and is ......
Finance
Falcon Edge in talks to invest in Indian SME lender
New York-based hedge fund Falcon Edge Capital is in discussions to invest in a Gurugram-based lender in a potential transaction...
Finance
Bank of India expects $360 mn from bankruptcy resolution in March quarter
Central government-owned Bank of India expects to recover around Rs 2,600 crore ($365.6 million) in the quarter ending March 2019...
Finance
In angel tax assessment, shift focus from companies to investors
While the jury is still out on whether the 16 January notification of the Department of Industrial Policy and Promotion ......
Finance
KKR to beef up infra, stressed assets teams in India
Global alternative assets manager KKR & Co. is beefing up its infrastructure and stressed assets teams in India as it ......
Finance
Oaktree invests $194 mn to buy Dewan Housing Finance's loans
Global alternative investment management firm Oaktree Capital Management LP has invested Rs 1,375 crore ($194 million) to buy...
Finance
Former Tata execs, Quantum Advisors team up to float $1 bn ESG fund
Six industry veterans and asset management company Quantum Advisors have tied up to float a $1 billion (Rs 7,114 crore) ......
Finance
Running out of patience, more banks are putting bad loans on the block
Lenders including India’s largest bank are opting to sell their loan exposures to companies facing insolvency even as the...
Finance
KKR's Sanjay Nayar on outlook for 2019 and why it is betting big on credit biz
In November 2008, KKR & Co. hired Sanjay Nayar to set up and head its India operations, which formally began ......
Finance
SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms
The Supreme Court on Friday upheld the two-year-old Insolvency and Bankruptcy Code (IBC) in its entirety, thereby continuing to...
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