Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
French bank SocGen to slash 1,600 jobs in bid to boost profits
Societe Generale plans to cut 1,600 jobs, mainly at its corporate and investment banking arm, in an attempt to boost ......
Economy
Govt meets FY19 fiscal deficit target as spending cuts offset lower tax collection
India has met the fiscal deficit target of 3.4 percent of gross domestic product in 2018/19 fiscal year ended March ......
Finance
HDFC Capital adds another project to affordable housing portfolio
HDFC Capital Advisors Ltd has backed a project of a Mumbai-based listed developer in keeping with its focus on the ......
Finance
ABans Wealth to float two alternative investment funds
ABans Wealth and Investment Managers, part of the Mumbai-based ABans Group, is set to launch two alternative investment funds...
Finance
IFC to offer $150 mn in debt funding to Piramal Capital
International Finance Corporation plans to make a debt investment of up to $150 million (Rs 1,040 crore) in mortgage lender ......
Finance
Bain-Piramal fund to invest $144 mn in Panacea Biotec
India Resurgence Fund, a joint venture of Bain Capital Credit and Piramal Enterprises Ltd, has invested $144 million (Rs 992 ......
Finance
Lakshmi Vilas Bank to merge with Indiabulls Housing Finance
Private-sector lender Lakshmi Vilas Bank’s board on Friday approved a merger with mortgage lender Indiabulls Housing Finance...
Finance
Bank of India invites bids for partial stake in insurance JV
Public sector lender Bank of India has proposed to sell its 25.05% stake in joint venture Star Union Dai-ichi Life ......
Economy
What the SC order on stressed assets means for ARCs, PE funds, strategic buyers
The Supreme Court (SC) order quashing the central bank’s framework on bad loans may give more shopping time to investors,...
Economy
After SC order, RBI to issue fresh circular on bad debt resolution
The Reserve Bank of India (RBI) said on Thursday it would issue a revised circular on the resolution of stressed ......
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