Finance

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

Artha Venture Fund leads P2P lender LenDenClub's pre-Series A funding round

Finance

29 August, 2019

Artha Venture Fund leads P2P lender LenDenClub's pre-Series A funding round

Online peer-to-peer lending platform LenDenClub has raised $1 million (approximately Rs 7.16 crore at current exchange rates)...

Finance

29 August, 2019

Moody's India arm ICRA sacks CEO Naresh Takkar

Ratings firm ICRA Ltd said on Thursday it has fired managing director and chief executive Naresh Takkar with immediate effect. ICRA’s...

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Finance

29 August, 2019

Maharashtra govt readies new fintech fund for direct startup bets

Government of Maharashtra-backed Mumbai FinTech Hub plans to set up a fund to take direct equity stakes in financial technology...

Finance

29 August, 2019

SBI's credit card business aims to raise $1.1 bn via IPO

SBI Card & Payments Services Ltd, the credit card subsidiary of State Bank of India, plans to raise about 80 ......

Finance

29 August, 2019

Lakshmi Vilas Bank CEO quits ahead of merger with Indiabulls Housing

Lakshmi Vilas Bank’s chief executive officer and managing director Parthasarathi Mukherjee has resigned citing personal...

Finance

29 August, 2019

Indian fintech startups grappling with KYC, data use norms: VCCircle FinServ Summit

Firms in India’s nascent financial technology (fintech) segment are waiting for further clarity on know-your-customer (KYC)...

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Finance

29 August, 2019

Anicut Capital hits first close of second debt fund; may rope in SIDBI as LP

Anicut Capital LLP has marked the first close of its second debt fund within three months of its launch, as ......

Finance

29 August, 2019

Dutch development bank FMO plans to invest in Lok Capital's fourth fund

FMO, the Netherlands’ development finance company, plans to invest $15 million (Rs 107.4 crore) in the fourth fund of Indian...

Economy

28 August, 2019

Govt eases foreign investment rules for digital media, other sectors to boost growth

India’s cabinet on Wednesday approved further liberalizing of foreign direct investment (FDI) rules in four sectors, in...

Finance

28 August, 2019

General Atlantic-backed IIFL Wealth to buy L&T Finance's wealth management biz

IIFL Wealth Management Ltd said on Wednesday it has agreed to acquire the wealth management arm of L&T Finance Holdings ......

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