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

Bank of India takes full control of mutual fund arm as AXA exits

Finance

03 December, 2020

Bank of India takes full control of mutual fund arm as AXA exits

State-run Bank of India said Thursday it has signed a pact with French multinational AXA Investment Managers Asia Holdings Pvt....

PE firms, ARCs queue up for Reliance Capital's assets

Finance

03 December, 2020

PE firms, ARCs queue up for Reliance Capital's assets

Blackstone, KKR, Bain Capital and JC Flowers and others have submitted Expressions of Interest (EOIs) for different assets of...

RBI puts curbs on HDFC Bank's digital, credit card operations

Finance

03 December, 2020

RBI puts curbs on HDFC Bank's digital, credit card operations

The central bank has forbidden India’s largest private lender, HDFC Bank, from adding new credit card customers or launching...

Indian services industry loses some steam in November

Economy

03 December, 2020

Indian services industry loses some steam in November

Growth in India’s dominant services industry lost some momentum in November as demand weakened, a private survey showed...

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ESAF Small Finance Bank tweaks IPO plan to let another shareholder sell stake

Finance

01 December, 2020

ESAF Small Finance Bank tweaks IPO plan to let another shareholder sell stake

ESAF Small Finance Bank Ltd, which is looking to go public via an initial public offering (IPO), has tweaked its ......

S&P Global to snap up IHS Markit in biggest M&A of 2020

Finance

30 November, 2020

S&P Global to snap up IHS Markit in biggest M&A of 2020

Data giant S&P Global Inc has agreed to buy IHS Markit Ltd in a deal worth $44 billion that will ......

Singapore's DBS completes takeover of Lakshmi Vilas Bank

Finance

30 November, 2020

Singapore's DBS completes takeover of Lakshmi Vilas Bank

Singapore’s DBS Group said on Monday it had completed its takeover of distressed Lakshmi Vilas Bank, helping it shift from...

Canadian pension funds seeking private debt face shrinking pool of lower-risk firms

Finance

30 November, 2020

Canadian pension funds seeking private debt face shrinking pool of lower-risk firms

Canadian pension funds and insurers are facing a shrinking universe of higher-quality private debt investments to lift returns...

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Tata Capital to reduce focus on unsecured and SME loans: CEO

Finance

30 November, 2020

Tata Capital to reduce focus on unsecured and SME loans: CEO

Tata Capital Ltd, the financial services arm of the diversified Tata Group, is focused on growing its secured loan book ......

From small businesses to farmers, middle India is driving demand

Economy

30 November, 2020

From small businesses to farmers, middle India is driving demand

Manish Mehra, owner of Washex Hospitality, an industrial laundry service, recently flew from Delhi to Jodhpur, a city in north-western...

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