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

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IDBI Bank picks bankers for sale of non-core assets

Finance

08 September, 2017

IDBI Bank picks bankers for sale of non-core assets

State-run IDBI Bank has hired several investment banks to sell its non-core businesses as part of efforts to shore up ......

Development Bank of Japan to pick up 5% stake in BDA Partners

Finance

08 September, 2017

Development Bank of Japan to pick up 5% stake in BDA Partners

Development Bank of Japan (DBJ) will pick up a 5% stake in New York-based investment banking firm BDA Partners as ......

SAIF Partners-backed micro lender AYE Finance raises $6.9 mn in debt funding

Finance

08 September, 2017

SAIF Partners-backed micro lender AYE Finance raises $6.9 mn in debt funding

AYE Finance Pvt. Ltd has raised Rs 44 crore ($6.9 million) in debt financing from Triodos Investment Management, the global ......

Former RBI chief Raghuram Rajan suggests state asset sales to bail out banks

Finance

07 September, 2017

Former RBI chief Raghuram Rajan suggests state asset sales to bail out banks

India could sell stakes in state-owned companies to fund a bank recapitalisation and revive growth without straying from the path ......

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Avendus Wealth floats maiden public market-focussed private equity fund

Finance

07 September, 2017

Avendus Wealth floats maiden public market-focussed private equity fund

Avendus Wealth Management Ltd, a subsidiary of Avendus Capital, has launched its maiden public markets fund to invest in listed ......

Will SEBI's phasing out of P-Notes benefit Indian markets?

Finance

07 September, 2017

Will SEBI's phasing out of P-Notes benefit Indian markets?

Has the government committed a cardinal sin by killing off participatory notes, which it instituted itself in the first ......

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Citibank retains top spot but StanChart steals the show among foreign banks in India

Finance

07 September, 2017

Citibank retains top spot but StanChart steals the show among foreign banks in India

Citibank NA has retained its position as the largest foreign bank in India for the 10th year in a row, ......

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Sanctum Wealth readies growth plan after consolidating RBS India private banking biz

Finance

07 September, 2017

Sanctum Wealth readies growth plan after consolidating RBS India private banking biz

Sanctum Wealth Management Pvt. Ltd aims to grow the assets its manages for clients four-fold by 2020, as the company ......

Fairfax-backed ICICI Lombard to launch IPO on 15 September

Finance

07 September, 2017

Fairfax-backed ICICI Lombard to launch IPO on 15 September

ICICI Lombard General Insurance Co Ltd, which counts Canadian investment firm Fairfax Financial Holdings Ltd as its joint venture partner, ......

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ChrysCap sets up dedicated portfolio value creation team

Finance

06 September, 2017

ChrysCap sets up dedicated portfolio value creation team

Homegrown private equity firm ChrysCapital, which recently strengthened its leadership team by hiring Sudip Nandy from Aricent Group and Prashant ......

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