Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Flashback 2018: Financial sector grapples with PNB scam, NBFC crisis, RBI-govt row
Bad loans, the rising gulf between the Reserve Bank of India and the government, and the Punjab National Bank-Nirav Modi ......
Economy
India's April-November fiscal deficit touches 115% of budget target
India’s April-November fiscal deficit stood at Rs 7.17 trillion ($101.93 billion), or 114.8% of the budgeted target for...
Finance
Carlyle-GIC consortium eyes stake in SBI Life Insurance
US-based private equity giant The Carlyle Group will team up with Singapore’s sovereign wealth fund GIC to pick up a ......
Finance
Anand Rathi's wealth management arm calls off IPO
Financial services group Anand Rathi said on Wednesday that it has shelved plans to list its wealth management arm on ......
Finance
Northern Arc raises debt funding from Dutch development bank FMO
Non-banking financial company Northern Arc Capital Ltd has raised Rs 200 crore (about $28.5 million) in debt funding from Dutch...
Finance
Flashback 2018: Stressed assets pain eases as bad loan clean-up gains momentum
Two years ago, in December 2016, the Insolvency and Bankruptcy Code (IBC) came into effect. While the new bankruptcy law ......
Finance
Flashback 2018: How venture capital dealmaking across stages fared in India
Record billion-dollar funding deals for budget hospitality chain Oyo and food delivery company Swiggy were the showstoppers this...
Economy
GST to move towards a single rate, says finance minister Arun Jaitley
India is working towards a single national sales tax rate which could be a mid-point between 12 and 18 percent, ......
Finance
Flashback 2018: M&As lead $100-bn plus record dealmaking spree; PE-VC funding flat
Dealmaking in India hit a record high this year, crossing the milestone of $100 billion for the first time ever, ......
Finance
How NBFCs are using tech to boost MSME lending
Over the last few quarters, public sector banks’ (PSBs’) share in lending to micro, small and medium enterprises (MSMEs)...
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