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Finance

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

Banks weigh Sashakt panel-proposed fund to turn around stressed assets

Finance

11 May, 2020

Banks weigh Sashakt panel-proposed fund to turn around stressed assets

Indian banks have revived discussions on setting up an asset management company and an alternative investment fund of around Rs...

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ChrysCapital bets on another PE-backed private bank

Finance

11 May, 2020

ChrysCapital bets on another PE-backed private bank

India-focused private equity firm ChrysCapital has bought a minority stake in yet another private-sector bank, adding to its list...

Sindhuja Microcredit bags Series B funding from NMI, Carpediem Capital

Finance

11 May, 2020

Sindhuja Microcredit bags Series B funding from NMI, Carpediem Capital

indhuja Microcredit Pvt. Ltd, a rural-focussed microfinance institution, has raised $8.7 million (approximately Rs 66.01 crore...

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Private equity, distressed asset investors bucking the bleak hiring trend

Finance

11 May, 2020

Private equity, distressed asset investors bucking the bleak hiring trend

The coronavirus pandemic may have battered the job market but many private investment firms in India are still looking to ......

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Risk pricing has been appropriate over last 18 months: o3 Capital credit chief

Finance

11 May, 2020

Risk pricing has been appropriate over last 18 months: o3 Capital credit chief

With Franklin Templeton winding down six of its debt schemes and BOI AXA Mutual Fund marking down various debt securities, ......

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As smaller life insurers lose ground, will coronavirus drive consolidation?

Finance

11 May, 2020

As smaller life insurers lose ground, will coronavirus drive consolidation?

Small private-sector life insurance companies lost ground to their bigger peers as a slowdown began to singe the Indian economy...

Budget math changes as govt increases FY21 borrowing by 54%

Economy

08 May, 2020

Budget math changes as govt increases FY21 borrowing by 54%

The Indian government plans to borrow 12 trillion rupees ($160 billion) in the fiscal year to March 2021, up from ......

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Goldman Sachs PE ropes in India exec from General Atlantic

Finance

08 May, 2020

Goldman Sachs PE ropes in India exec from General Atlantic

The private equity arm of Goldman Sachs Group Inc. has hired a senior executive from growth-equity investment firm General Atlantic ......

China-backed AIIB approves $500 mn loan for India's COVID-19 response

Finance

08 May, 2020

China-backed AIIB approves $500 mn loan for India's COVID-19 response

Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Friday it had approved a $500 million loan to India to help...

India may see 0% GDP growth this fiscal year: Moody's

Economy

08 May, 2020

India may see 0% GDP growth this fiscal year: Moody's

The impact of the coronavirus outbreak will exacerbate the material slowdown in India’s economic growth, with the country...

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