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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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How the pecking order of foreign banks is changing in India

Finance

28 September, 2018

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 ......

JM Financial's NBFC unit to raise $90 mn from GIC, other investors

Finance

28 September, 2018

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 ......

SoftBank to raise $100 bn fund every 2-3 years, says CEO Masayoshi Son

Finance

27 September, 2018

SoftBank to raise $100 bn fund every 2-3 years, says CEO Masayoshi Son

SoftBank Group Corp plans to create a new $100 billion fund every two to three years and spend $50 billion ......

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NewQuest Capital comes in as LP for tech-focussed PE firm's maiden fund

Finance

27 September, 2018

NewQuest Capital comes in as LP for tech-focussed PE firm's maiden fund

Secondaries specialist NewQuest Capital Partners has invested in the maiden fund of a technology-focussed Indian private equity...

PE-backed Aavas Financiers' IPO falls short of full subscription on market jitters

Finance

27 September, 2018

PE-backed Aavas Financiers' IPO falls short of full subscription on market jitters

The initial public offering (IPO) of mortgage lender Aavas Financiers Ltd barely scraped through on the final day of the ......

RBI eases cash rules for banks amid fears of credit crunch

Economy

27 September, 2018

RBI eases cash rules for banks amid fears of credit crunch

The Reserve Bank of India (RBI) eased mandatory cash requirement rules for banks on Thursday and assured jittery markets it ......

US Fed raises interest rates, signals more hikes

Economy

27 September, 2018

US Fed raises interest rates, signals more hikes

The U.S. Federal Reserve raised interest rates on Wednesday and left intact its plans to steadily tighten monetary policy, as...

 PE-backed Aavas Financiers' IPO crosses one-fourth mark on second day

Finance

26 September, 2018

PE-backed Aavas Financiers' IPO crosses one-fourth mark on second day

The initial public offering (IPO) of home-loan company Aavas Financiers Ltd crossed the one-fourth mark on the second day on ......

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PE fund, top family office to pick up stake in SBI General Insurance

Finance

26 September, 2018

PE fund, top family office to pick up stake in SBI General Insurance

State Bank of India (SBI), the country's top lender, said on Wednesday its board approved a plan to divest 4 ......

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LP commitment to PE-VC funds slows in Q2; dry powder shrinks as investment soars

Finance

26 September, 2018

LP commitment to PE-VC funds slows in Q2; dry powder shrinks as investment soars

Limited partners (LPs), including local high net-worth individuals and offshore investors, slowed the pace of allocating money...

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