Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Alteria Capital marks second close of debut venture debt fund
Venture debt firm Alteria Capital has hit the second close of its debut fund at Rs 625 crore ($85 million) ......
Finance
How OPIC spread its bets on PE, VC funds operating in India
The Overseas Private Investment Corporation (OPIC) backed a healthcare-focussed private equity fund that operates in India last...
Finance
IMF appoints Harvard professor Gita Gopinath as chief economist
The International Monetary Fund (IMF) on Monday appointed Gita Gopinath as its chief economist to replace Maurice Obstfeld, who...
Finance
Why SME lending is attracting both investors and fintech entrepreneurs
Demand for credit from micro, small and medium-sized enterprises is huge and growing. Given the massive unmet demand, there is ......
Finance
Govt seeks to take control of debt-ridden IL&FS, proposes Uday Kotak as chairman
India on Monday moved to take control of Infrastructure Leasing and Financial Services (IL&FS), whose recent defaults have...
Finance
Agri finance, logistics firm Origo raises first round of institutional funding
Origo Commodities India Pvt. Ltd, a post-harvest supply-chain finance and logistics company, has raised Rs 80 crore ($11 million)...
Finance
Bandhan Bank shares slump 20% on RBI curbs
Shares of Bandhan Bank Ltd plummeted on Monday to their lowest since the lender’s market debut in March, after the ......
Finance
RBI restricts GIC-backed Bandhan Bank from opening new branches, caps CEO pay
The Reserve Bank of India has barred Bandhan Bank from opening new branches without its prior approval after the private-sector...
Finance
How the pecking order of foreign banks is changing in India
Foreign banks operating in India are in a better position than their domestic peers when it comes to toxic assets ......
Finance
JM Financial's NBFC unit to raise $90 mn from GIC, other investors
Singapore sovereign wealth fund GIC Pte Ltd and other investors are injecting Rs 650 crore ($90 million) into a non-banking ......
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