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

ChrysCapital raises $850 mn for eighth private equity fund

Finance

08 January, 2019

ChrysCapital raises $850 mn for eighth private equity fund

Homegrown private equity firm ChrysCapital has completed the fundraising process for its eighth fund, overshooting its hard cap...

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Former Warburg Pincus exec Niten Malhan chalks out game plan for new fund

Finance

08 January, 2019

Former Warburg Pincus exec Niten Malhan chalks out game plan for new fund

Niten Malhan, who quit as the India co-head at private equity giant Warburg Pincus a year ago, is gearing up ......

GIC-backed Bandhan Bank to acquire Gruh Finance in share-swap deal

Finance

07 January, 2019

GIC-backed Bandhan Bank to acquire Gruh Finance in share-swap deal

Bandhan Bank Ltd has agreed to acquire mortgage lender Gruh Finance Ltd in a share-swap transaction to boost its housing ......

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Vijaya Bank CEO on challenges, benefits of merger with Bank of Baroda, Dena Bank

Finance

07 January, 2019

Vijaya Bank CEO on challenges, benefits of merger with Bank of Baroda, Dena Bank

In September last year, the government decided to merge state-run lenders Bank of Baroda, Dena Bank and Vijaya Bank as ......

RBI open to injecting liquidity, may pay up to $5.8 bn interim dividend to govt

Economy

07 January, 2019

RBI open to injecting liquidity, may pay up to $5.8 bn interim dividend to govt

The Reserve Bank of India (RBI) is open to infusing “need-based” liquidity into the financial system, Governor Shaktikanta...

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SIDBI's venture capital arm sets the ball rolling for eighth fund

Finance

04 January, 2019

SIDBI's venture capital arm sets the ball rolling for eighth fund

The venture capital arm of state-run Small Industries Development Bank of India (SIDBI) has kick-started the process of raising...

India's services activity dips in December but hiring picks up pace

Economy

04 January, 2019

India's services activity dips in December but hiring picks up pace

Growth in India’s services sector slowed slightly in December, but firms hired at a faster clip on continuing optimism as...

Samunnati gets debt funding from Dutch development bank FMO

Finance

03 January, 2019

Samunnati gets debt funding from Dutch development bank FMO

Chennai-based non-banking financial company Samunnati Financial Intermediation & Services Pvt. Ltd has raised $5 million (around...

Banks likely to recover bad loans worth $10 bn by March-end: Finance minister

Economy

03 January, 2019

Banks likely to recover bad loans worth $10 bn by March-end: Finance minister

India's Finance Minister Arun Jaitley said on Thursday commercial banks were likely to recover 700 billion rupees ($9.95 billion)...

Why India's venture debt funds need to be more than lenders

Finance

03 January, 2019

Why India's venture debt funds need to be more than lenders

India’s nascent venture debt market is at a crossroads. Today, startups in the market for debt are spoilt for choice ......

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