Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Chinese central bank cuts stake in HDFC amid border tensions
The People’s Bank of China has cut its stake in Housing Development Finance Corp, just months after raising its holding...
Finance
Bank of Baroda, other lenders count cost of loans in NMC Health collapse
As the crisis engulfing his business empire deepened, Bavaguthu Raghuram Shetty met with Bank of Baroda officials in mid-March...
Finance
Proparco makes top-level change for South Asia investments
Proparco SA, the private-sector arm of French development finance institution Agence Française de Développement,...
Finance
GIC bumps ups stake in private-sector lender, deepening BFSI push
Singapore sovereign wealth fund GIC Pte. Ltd has raised its stake in a private sector lender in yet another bet ......
Finance
Lone Star-backed RattanIndia Finance sharpens focus on retail loans as NPAs soar
Lone Star Funds-backed RattanIndia Finance Pvt. Ltd will ramp up retail lending and reduce the share of corporate loans, a ......
Finance
PNB reports $491 mn Dewan Housing loans as fraud
Punjab National Bank said on Thursday it had reported loans made to Dewan Housing Finance Corporation Ltd worth 36.89 billion...
Finance
SBI, Investec to form JV for institutional equities broking
State Bank of India, the nation’s biggest lender, is forming a joint venture with the local arm of South African ......
Finance
Indian firms get steepest cut in earnings forecasts in Asia
Analysts cut their forward 12-month earnings estimates for Asian companies for a fifth consecutive month in June, citing the economic...
Finance
SBI to invest $235 mn more in Yes Bank
State Bank of India’s executive committee has approved a further investment of up to Rs 1,760 crore (about $234.8 million)...
Finance
Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank
A top executive at Clix Capital, controlled by private equity firm AION Capital, is set to leave the firm even ......
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