Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Policy Tracker: How demonetisation changed the face of bank credit in the Modi years
India’s gross bank credit -- a barometer of the economy’s health -- grew 13.1% between January 2018 and the first...
Finance
Japanese investment bank GCA elevates India head
Tokyo-listed investment bank GCA Corporation, which is active in the India-Japan deals corridor, has elevated its India chief...
Finance
IFC to make modest returns from partial exit in IPO of electrical goods firm
International Finance Corporation (IFC), the World Bank’s private-sector investment arm, will walk away with modest returns...
Finance
Axis AMC raises $58 mn for maiden real estate fund
Axis Asset Management Company Ltd has hit the final close of its maiden real estate fund at Rs 400 crore ......
Finance
Active angel investor Rajan Anandan to quit Google; join VC fund
Google announced on Tuesday that Rajan Anandan, its South East Asia and India vice-president, will leave the technology giant...
Finance
Stressed assets resolution to stretch as top court quashes RBI rules on bad loans
India's top court on Tuesday struck down the Reserve Bank of India's February 12, 2018 circular on bad loans, a ......
Finance
IFC to offer $125 mn in debt funding to L&T Finance
International Finance Corporation plans to provide Rs 900 crore ($125 million) to L&T Finance Ltd to help the non-bank lender...
Finance
Former IL&FS chairman Hari Sankaran arrested for fraud
India’s Serious Fraud Investigation Office (SFIO) has arrested the former chairman of debt-laden Infrastructure Leasing...
Finance
GIC elevates Arjun Gupta, Prakash Kannan in global rejig
In a management shuffle involving many executives, Singapore’s sovereign wealth fund GIC said it has elevated Arjun Gupta...
Finance
RBI tweaks bad loans divergence norms
The Reserve Bank of India (RBI) said on Monday banks should disclose bad loan divergences if the additional provisioning has ......
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