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

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ART Housing Finance on the block as beleaguered Yes Bank promoter family starts axing businesses

Finance

09 March, 2020

ART Housing Finance on the block as beleaguered Yes Bank promoter family starts axing businesses

ART Housing Finance is one of the few businesses owned by Yes Bank promoter’s family to go on the block, ......

Finance

09 March, 2020

Northern Arc Investments marks first close of eighth debt fund

Northern Arc Investment Managers Pvt. Ltd, the alternative investment arm of non-banking financial company Northern Arc Capital,...

Finance

09 March, 2020

‘No question' of Yes Bank merging with SBI, says administrator

 India’s Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the ......

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Finance

09 March, 2020

Avanse Financial CEO on growth plan under new majority owner Warburg Pincus

In March 2019, private equity firm Warburg Pincus agreed to acquire an 80% stake in education lender Avanse Financial Services ......

Finance

09 March, 2020

Yes Bank debt writedown to hit sector capital-raising

The unexpected writedown of some bonds issued by crisis-hit Indian lender Yes Bank Ltd as part of a state-led rescue ......

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Finance

09 March, 2020

What Blackstone CEO Schwarzman's early struggles can teach first-time fund managers

When Stephen Schwarzman was raising capital for his first fund at private equity firm Blackstone in the mid-1980s, he was ......

Finance

09 March, 2020

Yes Bank founder Rana Kapoor remanded in police custody on money-laundering charges

An Indian court on Sunday remanded the founder and former managing director of crisis-hit Yes Bank Ltd in police custody ......

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Finance

06 March, 2020

Yes Bank: Sweet bet for several PE firms before WestBridge's contrarian play went bust

‘Never catch a falling knife’ is a colloquial term widely and frequently used in the investment world when the price...

Finance

06 March, 2020

SBI may take up to 49% stake in Yes Bank under RBI bailout plan

The Reserve Bank of India (RBI) has outlined a scheme to revive Yes Bank that proposes State Bank of India ......

Finance

06 March, 2020

Yes Bank plunges 60%, panicked depositors rush to withdraw funds

Shares in India's Yes Bank Ltd plunged 60% on Friday as panicky depositors rushed to withdraw funds after the central ......

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