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Finance

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

PE-backed Ujjivan Small Finance Bank soars 57% on trading debut

Finance

12 December, 2019

PE-backed Ujjivan Small Finance Bank soars 57% on trading debut

Ujjivan Small Finance Bank Ltd, a unit of lender Ujjivan Financial Services Ltd, made a strong stock-exchange debut on Thursday...

US Fed keeps rates on hold, hints at no changes through 2020

Finance

12 December, 2019

US Fed keeps rates on hold, hints at no changes through 2020

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs will not change anytime soon, with...

Cabinet clears changes in bankruptcy law to protect new owners

Finance

11 December, 2019

Cabinet clears changes in bankruptcy law to protect new owners

The Union Cabinet approved on Wednesday a number of changes in the Insolvency and Bankruptcy Code to protect new owners ......

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Piramal Group poised to team up with Canadian investor for debt fund

Finance

11 December, 2019

Piramal Group poised to team up with Canadian investor for debt fund

Piramal Capital & Housing Finance Ltd is set to float a debt fund in a partnership with a Canadian pension ......

Piramal Group, IIFL Wealth launch fund for realty projects

Finance

11 December, 2019

Piramal Group, IIFL Wealth launch fund for realty projects

Piramal Group and IIFL Wealth Management Ltd have joined hands to float an alternative investment fund (AIF), which will focus...

ADB slashes India's growth forecast for this year and next

Finance

11 December, 2019

ADB slashes India's growth forecast for this year and next

The Asian Development Bank (ADB) said on Wednesday it has lowered its growth forecasts for developing Asia this year and ......

Former UST Global CEO Pillai's Season Two Ventures looks to raise $100 mn fund

Finance

10 December, 2019

Former UST Global CEO Pillai's Season Two Ventures looks to raise $100 mn fund

Season Two Ventures, an early-stage and enterprise-focussed venture capital firm, is looking to raise $100 million (Rs 709 crore...

Yes Bank yet to take final call on Canadian investor Braich's $1.2 bn offer

Finance

10 December, 2019

Yes Bank yet to take final call on Canadian investor Braich's $1.2 bn offer

Private-sector lender Yes Bank said on Tuesday it hasn’t yet decided on accepting a $1.2 billion investment offer from Canada’s...

ResponsAbility, Oikocredit, IndusInd invest in agri finance, logistics firm Origo

Finance

10 December, 2019

ResponsAbility, Oikocredit, IndusInd invest in agri finance, logistics firm Origo

Origo Commodities India Pvt. Ltd, a post-harvest supply-chain finance and logistics company, has raised Rs 48.5 crore ($6.8 million...

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SME-focussed lender Arthan Finance raises angel funding

Finance

10 December, 2019

SME-focussed lender Arthan Finance raises angel funding

Arthan Finance Pvt. Ltd, which focuses on lending to micro and small businesses in smaller cities, has raised its angel ......

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