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

India GDP growth quickens to 8.2% in April-June

Economy

31 August, 2018

India GDP growth quickens to 8.2% in April-June

India's economic growth surged to a more than two-year high of 8.2 percent in the three months through June from ......

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How much is ChrysCapital planning to raise for its next fund?

Finance

31 August, 2018

How much is ChrysCapital planning to raise for its next fund?

An eighth sector-agnostic fund is in the works for homegrown private equity firm ChrysCapital, multiple people familiar with the...

India's April-July fiscal deficit at 86.5% of full-year target

Economy

31 August, 2018

India's April-July fiscal deficit at 86.5% of full-year target

India reported on Friday a fiscal deficit of 5.4 trillion rupees ($76.12 billion) for April-July, or 86.5 percent of the ......

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Former Utkarsh Small Finance Bank execs float microfinance company

Finance

31 August, 2018

Former Utkarsh Small Finance Bank execs float microfinance company

Two former executives at Utkarsh Small Finance Bank Ltd have set up a microfinance company and are aiming to raise ......

Former Deutsche Securities India chief Laijawala to head Avendus ESG fund

Finance

30 August, 2018

Former Deutsche Securities India chief Laijawala to head Avendus ESG fund

Abhay Laijawala, a former head of Deutsche Securities India, has joined Avendus Capital Public Markets Alternate Strategies LLP...

Microlenders' gross loans jump 53% in April-June

Finance

30 August, 2018

Microlenders' gross loans jump 53% in April-June

The gross loan portfolio of microfinance institutions (MFIs) rose 53% to Rs 51,878 crore for the April-June period from Rs ......

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Project Sashakt panel engages with PE funds for AIF as investors seek clarity

Finance

30 August, 2018

Project Sashakt panel engages with PE funds for AIF as investors seek clarity

A committee of bankers tasked with implementing Project Sashakt to ease the pile of bad loans on banks’ balance sheets ......

Aditya Birla Capital teams up with US fund to invest in stressed assets

Finance

30 August, 2018

Aditya Birla Capital teams up with US fund to invest in stressed assets

Aditya Birla Capital Limited and US fund manager Värde Partners have announced a joint venture (JV) partnership to pursue...

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India Alternatives hits first close of new PE fund

Finance

29 August, 2018

India Alternatives hits first close of new PE fund

Private equity firm India Alternatives Investment Advisors has marked the first close of its second fund, a top executive told...

High bank NPAs prime growth factor for NBFCs: Panellists at VCCircle event

Finance

28 August, 2018

High bank NPAs prime growth factor for NBFCs: Panellists at VCCircle event

The massive bad loans problem faced by India’s banking sector, which that has prevented nearly a dozen state-run banks from...

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