Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
How IFC spun $200 mn from financial services portfolio before market downturn
International Finance Corporation (IFC), the private-sector investment arm of the World Bank, partially sold stakes in four Indian...
Finance
Norwest Venture Partners leads Series D investment in Veritas Finance
Multi-stage private investment firm Norwest Venture Partners has led a Series D investment of Rs 200 crore (around $27 million...
Finance
Exclusive: SBI Funds to raise new corpus for stressed assets
SBI Funds Management Pvt. Ltd, the asset management arm of State Bank of India, is raising capital for a new ......
Finance
India jumps to 77th spot on World Bank's Ease of Doing Business list
Long known for its bureaucracy, India has made major strides in improving prospects for businesses in the country, the World ......
Finance
IL&FS board outlines revival plans, rolls out austerity measures
The new board of Infrastructure Leasing and Financial Services Ltd (IL&FS), led by Kotak Mahindra Bank chief executive Uday...
Finance
TPG Growth leads $42 mn investment round in Ess Kay Fincorp
TPG Growth has led a $42 million (Rs 311 crore) funding round in non-banking finance company Ess Kay Fincorp Ltd. Existing...
Finance
NIIF to buy IDFC's infra fund biz in maiden control deal
India’s National Investment and Infrastructure Fund (NIIF) has agreed to acquire a majority stake in non-bank lender IDFC...
Economy
Govt says RBI autonomy 'essential' amid reports that governor Urjit Patel may resign
Positive SentimentsThe rift between India’s central bank and the government has widened and could lead to the Reserve Bank...
Finance
Govt considers outright sale of IL&FS to resolve crisis: Report
Government is examining a complete sale of debt-laden Infrastructure Leasing and Financial Service Ltd (IL&FS), as one of...
Economy
Finance minister Jaitley slams RBI as rift between govt, central bank deepens
India’s finance minister Arun Jaitley criticised the Reserve Bank of India (RBI) for failing to prevent lending excess in...
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