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

Singapore's DBS gets RBI nod to set up subsidiary for banking ops

Finance

04 September, 2017

Singapore's DBS gets RBI nod to set up subsidiary for banking ops

Singapore’s biggest lender DBS Group Holdings  has won the Reserve Bank of India’s approval to provide banking services in the ......

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Legasis Partners hires former Khaitan & Co partner

Finance

01 September, 2017

Legasis Partners hires former Khaitan & Co partner

Upendra JoshiA former partner of Mumbai-based law firm Khaitan & Co is joining Legasis Partners Advocates & Solicitors as ......

Baring PE Asia arm raising $85 mn via overseas bond issue against Hexaware stake

Finance

01 September, 2017

Baring PE Asia arm raising $85 mn via overseas bond issue against Hexaware stake

Alternative asset management firm Baring Private Equity Asia—which owns a majority stake in Mumbai-based Hexaware Technologies through HT Global IT ......

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In Charts: How microfinance industry performed in April-June quarter

Finance

01 September, 2017

In Charts: How microfinance industry performed in April-June quarter

India’ microfinance institutions (MFIs) have shown small signs of recovery in the first quarter of the fiscal year that began ......

PremjiInvest-backed Aditya Birla Capital slips 5% on trading debut

Finance

01 September, 2017

PremjiInvest-backed Aditya Birla Capital slips 5% on trading debut

Aditya Birla Capital Ltd made a weak debut on stock exchanges on Friday with its shares falling 5% from the ......

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How FMO's India exposure changed this year

Finance

01 September, 2017

How FMO's India exposure changed this year

Dutch development bank FMO—which counts India as one of the top countries in terms of investment allocation—saw a dip in ......

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Private bank, financial services firm among suitors for Manappuram

Finance

31 August, 2017

Private bank, financial services firm among suitors for Manappuram

Kerala-based Manappuram Finance Ltd has evinced interest among financial companies seeking to buy a stake in India’s second-largest gold loan ......

Paytm Payments Bank in talks to partner full-service banks

Finance

31 August, 2017

Paytm Payments Bank in talks to partner full-service banks

India's Paytm Payments Bank is in talks to partner with full-service banks to offer services such as loans and term ......

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CDC yields rich harvest from stake sale in financial services firm Ujjivan

Finance

31 August, 2017

CDC yields rich harvest from stake sale in financial services firm Ujjivan

UK-based development finance institution CDC Group Plc has sold bulk of its remaining stake in Bengaluru-based small finance bank Ujjivan ......

Chinese govt's overseas investment guidelines may affect inbound M&As in India

Finance

31 August, 2017

Chinese govt's overseas investment guidelines may affect inbound M&As in India

In what could potentially stem the flow of increasing Chinese foreign direct investment (FDI) into India, Beijing now wants its ......

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