Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
RBI creates $66 mn fund to boost digital payments in smaller cities
The Reserve Bank of India has created a Rs 500-crore ($66 million) Payments Infrastructure Development Fund to facilitate digital...
Finance
IFC, ChrysCap pocket nearly half a billion dollars from one of their best India exits
International Finance Corporation (IFC), the World Bank’s private-sector investment arm, and homegrown private equity firm...
Finance
SEBI again extends time for PE, VC funds to file regulatory disclosures
The Securities and Exchange Board of India (SEBI) has extended again the time allowed to private equity and venture capital ......
Finance
JM Financial arm marks first close of debut stressed assets fund
The credit alternatives arm of the JM Financial Group has marked the first close of its debut distressed assets fund...
Finance
In Charts: Bad loans spike most at these NBFCs, leaving them exposed to corona crisis
Earlier this week, ratings agency Moody’s Investor Services said that the decision by India’s central bank to extend...
Finance
Lenders seek RBI nod to recast over $40 bn potential NPAs
Lenders have sought permission from the Reserve Bank of India (RBI) to restructure loans worth Rs 3 trillion ($40 billion) ......
Finance
Info Edge debut VC fund eyes half of targeted corpus from external LPs
Info Edge (India) Ltd, which owns and operates portals such as job site Naukri.com, aims to raise half of the ......
Finance
Annapurna Finance to raise funding as coronavirus roils MFIs
Microfinance institution Annapurna Finance Pvt. Ltd is in advanced discussions to raise equity funding from a few institutional...
Finance
Coronavirus, IBC suspension to drag down realisations for creditors: ICRA
The coronavirus pandemic and the suspension of new proceedings under the Insolvency and Bankruptcy Code (IBC) will likely drag...
Finance
Iron Pillar ropes in Nitya Capital as investor in holding company
Venture capital firm Iron Pillar, which provides growth capital to mid-stage technology companies in India, has struck a strategic...
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