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Finance

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

Kae Capital's second VC fund crosses target, raises $53 mn

Finance

13 September, 2017

Kae Capital's second VC fund crosses target, raises $53 mn

Early-stage venture capital firm Kae Capital has marked the final close of its second fund at $53 million (Rs 339 ......

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CreditAccess-backed microlender Grameen Koota readying for IPO

Finance

12 September, 2017

CreditAccess-backed microlender Grameen Koota readying for IPO

Bengaluru-based microfinance firm Grameen Koota Financial Services Pvt. Ltd is readying for an initial public offering, two persons familiar with ......

SBI Life Insurance to float $1.3 bn IPO next week

Finance

12 September, 2017

SBI Life Insurance to float $1.3 bn IPO next week

India’s SBI Life Insurance Co Ltd will launch an initial public offering next week to raise as much as $1.3 ......

GIC-backed Bandhan Bank hires merchant bankers for IPO

Finance

12 September, 2017

GIC-backed Bandhan Bank hires merchant bankers for IPO

Bandhan Bank Ltd, India’s first micro-finance lender to receive a universal banking licence, has picked five merchant banks as it ......

Impact funds invest $1 bn in India second year in a row: McKinsey report

Finance

12 September, 2017

Impact funds invest $1 bn in India second year in a row: McKinsey report

Impact funds invested over $1 billion (Rs 6,400 crore) in India for the second consecutive year in 2016, helped by ......

Retail inflation rises to five-month high; industrial output grows a tad

Finance

12 September, 2017

Retail inflation rises to five-month high; industrial output grows a tad

India’s consumer price inflation rose more than expected to a five-month high in August, fuelled by strong gains in prices ......

BlackRock rejigs top deck at regional, alternative investing units

Finance

12 September, 2017

BlackRock rejigs top deck at regional, alternative investing units

BlackRock Inc, the world’s largest asset manager, is reshuffling some of its top regional executives and placing new leadership at ......

Norway's sovereign wealth fund hits record $1 tn in assets

Finance

12 September, 2017

Norway's sovereign wealth fund hits record $1 tn in assets

The value of Norway’s sovereign wealth fund, the world’s largest, hit $1 trillion for the first time on Tuesday as ......

Jaipur-based Finova raises Series A funding from Sequoia Capital

Finance

12 September, 2017

Jaipur-based Finova raises Series A funding from Sequoia Capital

Jaipur-based non-banking financial company Finova Capital Pvt. Ltd has raised an undisclosed amount in a Series A round from Sequoia ......

Indian banks need $65 bn to meet Basel rules by 2019, says Fitch

Finance

12 September, 2017

Indian banks need $65 bn to meet Basel rules by 2019, says Fitch

Indian banks will need additional capital of $65 billion to meet all of global Basel III banking rules by March ......

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