Finance
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Finance
In Charts: Tracing ICICI Bank's performance under Chanda Kochhar
On Monday, ICICI Bank CEO Chanda Kochhar went on leave, pending an investigation into allegations of quid-pro-quo and granting favours ......
Finance
Secondary PE deals no longer carry stigma of yesteryears: NewQuest's Amit Gupta
Asia-focussed secondaries private equity firm NewQuest Capital Partners has been steadily increasing its presence in India. Earlier this year, NewQuest ......
Finance
PNB probe reveals how lapses across levels led to $2 bn fraud
A $2 billion fraud at India’s Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but ......
Finance
Capital First, others invest in digital lender SMECorner
DigiKredit Finance Pvt. Ltd, which operates digital lending platform SMEcorner, has raised $7 million (Rs 47.5 crore) in an investment ......
Finance
Emerging markets PE firm Abraaj gets $50 mn bid for investment management biz
An Abu Dhabi Financial Group company has made a conditional $50 million offer to buy private equity firm Abraaj's investment ......
Finance
IIFL Wealth raising $110 mn from Ward Ferry, General Atlantic and others
The wealth management arm of IIFL Holdings Ltd has decided to raise Rs 745.71 crore (about $110 million) from a ......
Finance
ChrysCapital checks out of PIPE portfolio firm with high returns
Homegrown private equity firm ChrysCapital has fully exited a company it had backed less than four years ago in its ......
Finance
Bad loans: How ICICI and other private-sector banks stack up against PSU lenders
The debate on the bad loan mess plaguing the Indian banking industry has focussed mainly on state-run lenders. And for ......
Finance
Can local payments companies survive the onslaught of global players?
Big global players such as Amazon, WhatsApp and Google are moving into the Indian payments market. This will present challenges ......
Finance
Here's why booking CAs and lawyers for bank frauds may not be enough
Punjab National Bank (PNB), which suffered the ignominy of reporting India’s biggest bank fraud, plans to go on the offensive ......
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