Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Vijaya Bank CEO on challenges, benefits of merger with Bank of Baroda, Dena Bank
In September last year, the government decided to merge state-run lenders Bank of Baroda, Dena Bank and Vijaya Bank as ......
Economy
RBI open to injecting liquidity, may pay up to $5.8 bn interim dividend to govt
The Reserve Bank of India (RBI) is open to infusing “need-based” liquidity into the financial system, Governor Shaktikanta...
Finance
SIDBI's venture capital arm sets the ball rolling for eighth fund
The venture capital arm of state-run Small Industries Development Bank of India (SIDBI) has kick-started the process of raising...
Economy
India's services activity dips in December but hiring picks up pace
Growth in India’s services sector slowed slightly in December, but firms hired at a faster clip on continuing optimism as...
Finance
Samunnati gets debt funding from Dutch development bank FMO
Chennai-based non-banking financial company Samunnati Financial Intermediation & Services Pvt. Ltd has raised $5 million (around...
Economy
Banks likely to recover bad loans worth $10 bn by March-end: Finance minister
India's Finance Minister Arun Jaitley said on Thursday commercial banks were likely to recover 700 billion rupees ($9.95 billion)...
Finance
Why India's venture debt funds need to be more than lenders
India’s nascent venture debt market is at a crossroads. Today, startups in the market for debt are spoilt for choice ......
Finance
Edelweiss ARC ups target for snapping up stressed loans
The asset reconstruction arm of the Edelweiss Group has increased its target for investments in stressed assets for the current...
Finance
NCLT allows govt to reopen books of IL&FS group
The National Company Law Tribunal (NCLT) has taken the unprecedented step of allowing the government to reopen and recast the...
Finance
Kotak Life CIO Sudhakar Shanbhag on investing in PE/VC funds and challenges it faces
Kotak Mahindra Life Insurance Company Ltd has been building its alternative investment fund (AIF) portfolio over the past 18 months ......
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