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Finance

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

RBI's three-year repo auction sees hefty demand

Finance

17 February, 2020

RBI's three-year repo auction sees hefty demand

The Reserve Bank of India (RBI)'s first-ever long-term repo operation (LTRO) saw massive demand on Monday with banks bidding...

Cerberus revises bid for Altico to beat off rival suitor SSG Capital

Finance

17 February, 2020

Cerberus revises bid for Altico to beat off rival suitor SSG Capital

US-based private equity group Cerberus Capital Management has revised its offer for shadow bank Altico Capital India, a senior...

Carlyle-backed SBI Cards, fabric processor get SEBI nod for IPO

Finance

17 February, 2020

Carlyle-backed SBI Cards, fabric processor get SEBI nod for IPO

SBI Cards and Payment Services Ltd, the credit-card issuing arm of the country’s top lender SBI, has received a green ......

Kapil Singhal steps up to take charge of recently cashed-up KKR credit arm

Finance

17 February, 2020

Kapil Singhal steps up to take charge of recently cashed-up KKR credit arm

Kapil Singhal, a managing director at KKR India Financial Services, the Indian non-banking arm of global alternative asset manager...

Law firm HSA boosts real estate domain practice, ropes in new partner from L&L

Finance

17 February, 2020

Law firm HSA boosts real estate domain practice, ropes in new partner from L&L

Full-service law firm HSA Advocates has appointed Amaresh Kumar Singh as a new partner for its real estate, civil and ......

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MK Sinha quits Global Infrastructure Partners

Finance

14 February, 2020

MK Sinha quits Global Infrastructure Partners

MK Sinha, who became the India co-head of Global Infrastructure Partners after it acquired homegrown private equity firm IDFC...

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Indian PE-VC firms' dry powder soars as LPs commit record Rs 1 tn in 2019

Finance

14 February, 2020

Indian PE-VC firms' dry powder soars as LPs commit record Rs 1 tn in 2019

Limited Partners (LPs) committed a record Rs 1 trillion ($14 billion) in fresh money to Indian private equity and venture ......

Meet Rishi Sunak, Narayana Murthy's son-in-law and Britain's new finance minister

Finance

14 February, 2020

Meet Rishi Sunak, Narayana Murthy's son-in-law and Britain's new finance minister

Five years ago, Britain's new finance minister Rishi Sunak wasn't even a member of parliament. Now, he is running the...

Royal Bank of Scotland to slash investment bank, rebrand as NatWest

Finance

14 February, 2020

Royal Bank of Scotland to slash investment bank, rebrand as NatWest

Royal Bank of Scotland's new Chief Executive Alison Rose unveiled a new strategy for the taxpayer-backed bank on Friday, including...

Parampara Capital co-founders float second VC fund under new vehicle

Finance

13 February, 2020

Parampara Capital co-founders float second VC fund under new vehicle

The co-founders of venture capital firm Parampara Capital, which had roped in the private equity arm of IDFC group as ......

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