Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
IDBI Bank, lender with worst asset quality, looks to sell mutual fund unit
IDBI Bank Ltd has put its mutual fund business on the block, joining a bunch of lenders that are selling ......
Finance
Asia hedge funds struggle to benefit from investor enthusiasm
Asian hedge funds are struggling to benefit from strong investor interest in the region in the face of patchy liquidity, ......
Finance
Abraaj founder released from custody after paying $19 mn bail
Arif Naqvi, the Pakistani founder of collapsed private equity firm Abraaj Group, has been released from custody after meeting...
Finance
IFC to lead debt investment of $222 mn in NBFC Cholamandalam
India's Cholamandalam Investment and Finance Company Ltd said on Wednesday it would raise $222 million in debt funds in an...
Finance
HSBC plans to hire retail wealth managers with an eye on rich Indians
HSBC Holdings PLC plans to boost its Asia retail wealth management staff by about 300 by end of this year, ......
Finance
RBI to cut rates in June, but analysts split on if it should: Poll
The Reserve Bank of India will cut interest rates at a third consecutive meeting in June, according to a Reuters ......
Finance
LPs now have more options to invest in India: CDC's Murugappan
CDC Group Plc, the UK-based development finance institution, has backed more than 50 Indian fund managers since it began investing ......
Finance
US pension fund TIAA leads Series D investment in Samunnati Financial
Non-banking financial company Samunnati Financial Intermediation & Services Pvt. Ltd on Tuesday said it has raised Rs 387...
Finance
Three PE firms vie to invest in Madura Micro Finance
Madura Micro Finance Ltd is in talks with at least three private equity firms to raise growth capital and offer ......
Finance
Asian billionaires develop taste for boutique wealth managers
Growing demand by Asia's rich for independent advisory services and access to a wide variety of investment products is spurring ......