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

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Microfinance portfolio growth slows in Oct-Dec, loan quality worsens for NBFCs

Finance

27 February, 2019

Microfinance portfolio growth slows in Oct-Dec, loan quality worsens for NBFCs

The Indian microfinance industry's loan portfolio recorded robust growth during the quarter through December 2018, but the...

RBI lifts lending curbs on Allahabad Bank, two other lenders

Finance

27 February, 2019

RBI lifts lending curbs on Allahabad Bank, two other lenders

The Reserve Bank of India (RBI) lifted regulatory constraints on three banks on Tuesday after they received a capital injection...

India's April-January fiscal deficit at 121.5% of full-year target

Economy

26 February, 2019

India's April-January fiscal deficit at 121.5% of full-year target

India’s April-January fiscal deficit touched 7.7 trillion rupees ($108.36 billion), or 121.5 percent of the budgeted target...

KKR floats investment platform for ophthalmology, biopharma bets

Finance

26 February, 2019

KKR floats investment platform for ophthalmology, biopharma bets

Global private equity giant KKR & Co. has created a platform focussed on investing in a diversified group of emerging ......

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Avendus' alternative assets arm targets first close of maiden ESG fund

Finance

26 February, 2019

Avendus' alternative assets arm targets first close of maiden ESG fund

The alternative asset management arm of financial services firm Avendus Capital is eyeing the first close of its new public ......

True North to buy 51% stake in Max Bupa Health Insurance

Finance

26 February, 2019

True North to buy 51% stake in Max Bupa Health Insurance

Private equity firm True North will acquire a 51% stake in Max Bupa Health Insurance Company for Rs 511 crore ......

FDI inflows on track for first full-year decline under Modi govt

Finance

26 February, 2019

FDI inflows on track for first full-year decline under Modi govt

The flow of foreign direct investment into India is dropping and may suffer its first full-year decline since Prime Minister ......

Shriram Transport to raise $200 mn via asset securitisation deal with IFC

Finance

26 February, 2019

Shriram Transport to raise $200 mn via asset securitisation deal with IFC

Non-bank lender Shriram Transport Finance Company Ltd is raising $200 million (Rs 1,420 crore) from International Finance Corporation...

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Warburg Pincus-backed CleanMax Solar refinances debt to pay back KKR's NBFC arm

Finance

26 February, 2019

Warburg Pincus-backed CleanMax Solar refinances debt to pay back KKR's NBFC arm

CleanMax Enviro Energy Solutions Pvt. Ltd, which undertakes solar rooftop projects, has secured the backing of a listed non-banking...

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US investment advisory firm plans launch of India-focussed AIF

Finance

25 February, 2019

US investment advisory firm plans launch of India-focussed AIF

A US-headquartered investment advisory and management firm is looking to float a Category-III alternative investment fund (AIF)...

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