Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Hong Kong's PAG closes $6 bn third fund, plans to invest in India
Hong Kong-based investment firm PAG has closed fundraising for its third Asia-focused buyout fund at $6 billion (Rs 42,849 crore),...
Finance
Mauritius' SBM Bank hires senior Axis exec to head India operations
Mauritius’ SBM Bank has appointed a former Axis Bank Ltd senior executive to head its India operations. Sidharth Rath,...
Finance
Akshaypat Singhania floats $14 mn fund to invest in startups
Akshaypat Singhania, a fourth-generation scion of the Singhania family popularly known for their clothing brand Raymond, has launched...
Finance
HDFC Bank to acquire Bank of Baroda's stake in Clearing Corporation
HDFC Bank, India’s most valued lender, has agreed to buy state-run Bank of Baroda’s stake in Clearing Corporation...
Finance
IDFC's mutual fund biz attracts interest from peers, market veteran
Non-banking financial company IDFC Ltd has found several takers for its mutual fund unit — albeit at a lower valuation ......
Finance
Ad veterans, Sequoia exec float venture capital fund
Two advertising industry veterans and a senior executive at multi-stage investment firm Sequoia Capital are teaming up to raise...
Finance
Impact investor BlueOrchard offers more debt funding to microlender Aye Finance
Non-banking financial company Aye Finance has raised Rs 72 crore ($10 million at current exchange rates) in debt funding from...
Finance
In numbers: Which NBFCs have the biggest bad-loan problem?
The recent downfall of Infrastructure Leasing and Financial Services Ltd (IL&FS), one of India’s largest non-banking...
Economy
RBI agrees to ease liquidity for financial sector, increase credit for SMEs
The board of the Reserve Bank of India (RBI) on Monday agreed to ease liquidity for the financial sector and ......
Finance
IDFC set to start process to sell securities broking, investment banking arm
Non-banking finance company IDFC Ltd, which is aiming to sell non-core businesses, will soon kick-start a process to sell its ......
