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Finance

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

RBI to allow banks to restructure some defaulting SME loans

Finance

02 January, 2019

RBI to allow banks to restructure some defaulting SME loans

The Reserve Bank of India (RBI) said it will allow banks to restructure loans to small and medium sized-companies that ......

IL&FS puts six properties on the block in bid to pare debt

Finance

31 December, 2018

IL&FS puts six properties on the block in bid to pare debt

Infrastructure Leasing and Financial Services (IL&FS) has invited bids for six of the group's properties amid continuing...

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BancoSol CEO Kurt Koenigsfest on exploring India, learnings from MFI industry

Finance

28 December, 2018

BancoSol CEO Kurt Koenigsfest on exploring India, learnings from MFI industry

Bolivia-based BancoSol started out as a microfinance institution before transitioning into a commercial bank around 20 years ago to keep ......

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Flashback 2018: Singapore firms lead list of most active PE investors

Finance

28 December, 2018

Flashback 2018: Singapore firms lead list of most active PE investors

Singapore sovereign wealth fund GIC Pte Ltd and state investment firm Temasek Holdings led private equity dealmaking in India...

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Flashback 2018: Usual suspects, surprise packages among India's most active VCs

Finance

28 December, 2018

Flashback 2018: Usual suspects, surprise packages among India's most active VCs

Sequoia Capital India and the local arm of US-headquartered Accel have retained their status as the most active venture capital...

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Flashback 2018: Financial sector grapples with PNB scam, NBFC crisis, RBI-govt row

Finance

27 December, 2018

Flashback 2018: Financial sector grapples with PNB scam, NBFC crisis, RBI-govt row

Bad loans, the rising gulf between the Reserve Bank of India and the government, and the Punjab National Bank-Nirav Modi ......

India's April-November fiscal deficit touches 115% of budget target

Economy

27 December, 2018

India's April-November fiscal deficit touches 115% of budget target

India’s April-November fiscal deficit stood at Rs 7.17 trillion ($101.93 billion), or 114.8% of the budgeted target for...

Carlyle-GIC consortium eyes stake in SBI Life Insurance

Finance

27 December, 2018

Carlyle-GIC consortium eyes stake in SBI Life Insurance

US-based private equity giant The Carlyle Group will team up with Singapore’s sovereign wealth fund GIC to pick up a ......

Anand Rathi's wealth management arm calls off IPO

Finance

26 December, 2018

Anand Rathi's wealth management arm calls off IPO

Financial services group Anand Rathi said on Wednesday that it has shelved plans to list its wealth management arm on ......

Northern Arc raises debt funding from Dutch development bank FMO

Finance

26 December, 2018

Northern Arc raises debt funding from Dutch development bank FMO

Non-banking financial company Northern Arc Capital Ltd has raised Rs 200 crore (about $28.5 million) in debt funding from Dutch...

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