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

Bankers in Asia brace for a virus-related deal drought

Finance

11 February, 2020

Bankers in Asia brace for a virus-related deal drought

Bankers in Asia are bracing for a deal drought as efforts to limit the spread of the coronavirus epidemic have ......

J Sagar Associates hires partner for M&A, PE practice

Finance

11 February, 2020

J Sagar Associates hires partner for M&A, PE practice

Law firm J Sagar Associates has hired a partner for its Mumbai office from Lakshmikumaran & Sridharan (L&S). The firm...

RBI publishes draft framework for new payment system

Finance

11 February, 2020

RBI publishes draft framework for new payment system

The Reserve Bank of India (RBI) on Monday published a draft framework for authorisation of a new pan-India umbrella organization...

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How much is Everstone making by exiting Hinduja Leyland Finance?

Finance

10 February, 2020

How much is Everstone making by exiting Hinduja Leyland Finance?

Private equity firm Everstone Capital has agreed to sell its balance stake in non-banking financial company Hinduja Leyland Finance...

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InCred in talks to buy boutique investment bank

Finance

10 February, 2020

InCred in talks to buy boutique investment bank

The capital markets, asset management and investment banking unit of Mumbai-based lender InCred Financial Services has approached...

KKR-backed Avendus hires StanChart exec to head wealth management arm

Finance

10 February, 2020

KKR-backed Avendus hires StanChart exec to head wealth management arm

Financial services group Avendus has appointed Nitin Singh, a former Standard Chartered executive, as the managing director and...

Inflation likely hit a near six-year high in January: Poll

Finance

10 February, 2020

Inflation likely hit a near six-year high in January: Poll

Indian retail inflation likely rose to a near six-year peak in January as food prices stayed high, according to a ......

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Lack of credit flow hurting economy, NPA issue overstated: Srei's Hemant Kanoria

Finance

10 February, 2020

Lack of credit flow hurting economy, NPA issue overstated: Srei's Hemant Kanoria

Over the past few years, Kolkata-based Srei Group has gradually brought down its exposure to infrastructure financing. Instead, the group ......

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Kedaara makes spectacular returns from another partial exit in mortgage lender

Finance

07 February, 2020

Kedaara makes spectacular returns from another partial exit in mortgage lender

Homegrown private equity firm Kedaara Capital has sold part of its stake in a housing finance company it had backed ......

Credit Suisse CEO Thiam quits after spying scandal

Finance

07 February, 2020

Credit Suisse CEO Thiam quits after spying scandal

Credit Suisse Chief Executive Tidjane Thiam has quit after a power struggle at Switzerland's second-biggest bank, which faces...

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