Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Bandhan Bank shares slump 20% on RBI curbs
Shares of Bandhan Bank Ltd plummeted on Monday to their lowest since the lender’s market debut in March, after the ......
Finance
RBI restricts GIC-backed Bandhan Bank from opening new branches, caps CEO pay
The Reserve Bank of India has barred Bandhan Bank from opening new branches without its prior approval after the private-sector...
Finance
How the pecking order of foreign banks is changing in India
Foreign banks operating in India are in a better position than their domestic peers when it comes to toxic assets ......
Finance
JM Financial's NBFC unit to raise $90 mn from GIC, other investors
Singapore sovereign wealth fund GIC Pte Ltd and other investors are injecting Rs 650 crore ($90 million) into a non-banking ......
Finance
SoftBank to raise $100 bn fund every 2-3 years, says CEO Masayoshi Son
SoftBank Group Corp plans to create a new $100 billion fund every two to three years and spend $50 billion ......
Finance
NewQuest Capital comes in as LP for tech-focussed PE firm's maiden fund
Secondaries specialist NewQuest Capital Partners has invested in the maiden fund of a technology-focussed Indian private equity...
Finance
PE-backed Aavas Financiers' IPO falls short of full subscription on market jitters
The initial public offering (IPO) of mortgage lender Aavas Financiers Ltd barely scraped through on the final day of the ......
Economy
RBI eases cash rules for banks amid fears of credit crunch
The Reserve Bank of India (RBI) eased mandatory cash requirement rules for banks on Thursday and assured jittery markets it ......
Economy
US Fed raises interest rates, signals more hikes
The U.S. Federal Reserve raised interest rates on Wednesday and left intact its plans to steadily tighten monetary policy, as...
Finance
PE-backed Aavas Financiers' IPO crosses one-fourth mark on second day
The initial public offering (IPO) of home-loan company Aavas Financiers Ltd crossed the one-fourth mark on the second day on ......
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