Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Edelweiss aims to hit final close for stressed assets fund by month-end
Edelweiss Alternative Asset Advisors Ltd, a unit of Edelweiss Financial Services Ltd, has deployed a third of its stressed assets-focussed...
Finance
India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta
In early July, a panel led by Sunil Mehta, non-executive chairman at Punjab National Bank, proposed a five-pronged Project Sashakt ......
Finance
Baring PE Asia's second real estate fund oversubscribed at $1 bn
Hong Kong-based alternative asset management firm Baring Private Equity Asia has hit the final close of its second dedicated real...
Economy
India GDP growth quickens to 8.2% in April-June
India's economic growth surged to a more than two-year high of 8.2 percent in the three months through June from ......
Finance
How much is ChrysCapital planning to raise for its next fund?
An eighth sector-agnostic fund is in the works for homegrown private equity firm ChrysCapital, multiple people familiar with the...
Economy
India's April-July fiscal deficit at 86.5% of full-year target
India reported on Friday a fiscal deficit of 5.4 trillion rupees ($76.12 billion) for April-July, or 86.5 percent of the ......
Finance
Former Utkarsh Small Finance Bank execs float microfinance company
Two former executives at Utkarsh Small Finance Bank Ltd have set up a microfinance company and are aiming to raise ......
Finance
Former Deutsche Securities India chief Laijawala to head Avendus ESG fund
Abhay Laijawala, a former head of Deutsche Securities India, has joined Avendus Capital Public Markets Alternate Strategies LLP...
Finance
Microlenders' gross loans jump 53% in April-June
The gross loan portfolio of microfinance institutions (MFIs) rose 53% to Rs 51,878 crore for the April-June period from Rs ......
Finance
Project Sashakt panel engages with PE funds for AIF as investors seek clarity
A committee of bankers tasked with implementing Project Sashakt to ease the pile of bad loans on banks’ balance sheets ......