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Finance

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

Equitas Small Finance Bank, True North-backed Home First get SEBI nod for IPO

Finance

02 March, 2020

Equitas Small Finance Bank, True North-backed Home First get SEBI nod for IPO

Equitas Small Finance Bank, True North-backed Home First Finance Company India Ltd (HFFC) and state-run Indian Railway Finance...

PE-backed SBI Cards' IPO crosses one-third mark on first day

Finance

02 March, 2020

PE-backed SBI Cards' IPO crosses one-third mark on first day

The initial public offering of SBI Cards & Payment Services Ltd crossed the one-third mark on the first day of ......

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KKR-backed Avendus revamps wealth management biz as another exec quits

Finance

02 March, 2020

KKR-backed Avendus revamps wealth management biz as another exec quits

Avendus Capital Pvt. Ltd is overhauling its wealth management arm a decade after starting the business, as the Mumbai-based financial...

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Nabard's DN Magar on LP bets and how it selects fund managers

Finance

02 March, 2020

Nabard's DN Magar on LP bets and how it selects fund managers

The National Bank for Agriculture and Rural Development (Nabard) is among the prominent domestic institutional investors in alternative investment funds ......

Paragon Partners, others invest in lending startup SMEcorner

Finance

02 March, 2020

Paragon Partners, others invest in lending startup SMEcorner

Homegrown mid-market private equity firm Paragon Partners has led a new round of funding in SMEcorner, a microlending platform...

Apollo Global, other PE firms eye distressed investments as coronavirus fears grow

Finance

02 March, 2020

Apollo Global, other PE firms eye distressed investments as coronavirus fears grow

Major private equity firms, which have built up big distressed debt funds in recent years, are ready to snap up ......

Why corporate dealmakers are fighting over coronavirus references

Finance

02 March, 2020

Why corporate dealmakers are fighting over coronavirus references

Many companies negotiating mergers and acquisitions (M&A) contracts are haggling over whether the global coronavirus outbreak...

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Carlyle-backed SBI Cards gets more PE, sovereign funds as investors ahead of IPO

Finance

29 February, 2020

Carlyle-backed SBI Cards gets more PE, sovereign funds as investors ahead of IPO

SBI Cards & Payment Services Ltd, which counts US private equity major Carlyle Group as its backer, has raised Rs ......

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Affordable housing financier Sitara brings American investor on board

Finance

28 February, 2020

Affordable housing financier Sitara brings American investor on board

SEWA Grih Rin Ltd, which offers loans for affordable housing units under the brand name Sitara, has pocketed a big ......

Economy grows slowly in December quarter, with virus impact to come

Economy

28 February, 2020

Economy grows slowly in December quarter, with virus impact to come

India’s economy grew 4.7% in the December quarter from a year ago, slowing from the previous quarter, official data showed...

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