Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
How can NBFCs tackle liquidity crunch and come out of the crisis?
Until a year or so ago, non-banking finance companies (NBFCs) were the darling of investors. But widespread concerns have risen ......
Finance
Police probe management of Punjab and Maharashtra Co-operative Bank
Indian officials registered a police complaint against the senior management of Punjab and Maharashtra Co-operative Bank (PMC)...
Finance
Ambit appoints former Avendus top exec as CEO of wealth biz
Mumbai-based investment firm Ambit Group has hired a senior executive from KKR-backed Avendus to head the wealth management business,...
Finance
Former Uber Asia-Pacific head Amit Jain joins Sequoia Capital India
Amit Jain, who quit ride-hailing company Uber earlier this year, has joined venture capital firm Sequoia Capital India as a ......
Finance
Asia third-quarter M&A drops 20%; global dealmaking sinks to three-year low
Global mergers and acquisitions (M&A) plunged 16% year-on-year to $729 billion in the third quarter, according to Refinitiv...
Finance
Reliance Capital to exit lending business, shares hit two-decade low
Indian financial services company Reliance Capital Ltd will exit the lending business, group Chairman Anil Ambani said on Monday,...
Economy
Govt may seek $4.3 bn interim dividend from RBI to bridge fiscal gap
The Indian government may request an interim dividend of around 300 billion rupees ($4.3 billion) from the Reserve bank of ......
Finance
Dewan Housing proposes converting debt to equity under draft resolution plan
India’s crisis-hit shadow bank Dewan Housing Finance Ltd (DHFL) has submitted a draft resolution plan proposing to convert...
Finance
RBI imposes curbs on Lakshmi Vilas Bank amid police probe
India’s central bank issued a regulatory action on Lakshmi Vilas Bank, the lender said in a statement on Saturday, at ......
Finance
India looks to ease foreign investment limits in govt bonds
India is looking to ease foreign investment limits in government bonds, as it seeks to get its securities included in ......
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