Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
CSB Bank chief CVR Rajendran on transforming into a new private sector bank
Fairfax-controlled CSB Bank, earlier known as Catholic Syrian Bank, is preparing to play a larger role in the country’s banking ......
Finance
Budget 2021 Live Blog: All eyes on Sitharaman as India hopes for coronavirus bailout
Finance minister Nirmala Sitharaman will present the budget today as prime minister Narendra Modi's government tries to bring...
Finance
Listed Kerala bank set to raise $40 mn from PE firm
A mid-sized listed bank based in Kerala is set to raise Rs 300 crore (about $40 million) from a private ......
Finance
CDC lends to Tata Capital-IFC's cleantech finance joint venture
UK-based development finance institution CDC Group has given a $30 million (about Rs 220 crore) lending facility to Tata Cleantech...
Finance
India likely to announce stake sales of IDBI Bank, LIC
India's government plans to announce the sale of a 10% to 15% stake in state-run Life Insurance Corp, the country's ......
Finance
UTI Capital makes first close of second private debt fund
UTI Capital, the alternative investment arm of UTI Asset Management, has completed the first close of its second private debt...
Finance
JC Flowers, Eight Capital to launch distressed fund backed by IFC
US-based PE firm JC Flowers and India’s distressed assets investor Eight Capital will launch a $500 million (about Rs 3,640...
Finance
Orion Credit spins out of Olympus Capital, secures investment from Omers
Singapore-based private equity arm Olympus Capital Asia’s credit arm has spun out to form a new venture, Orion Credit Capital...
Finance
Central bank urges a tiered approach to regulating shadow banks
The central bank has proposed a tighter regulatory framework to harmonise classification of bad loans of non-banking financial...
Finance
Value Lens: Home First Finance to amplify returns for True North, Bessemer
In the initial public offering (IPO) that opened today, Home First Finance has been valued at almost 50 times its ......
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