Finance

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

PE-backed MAS Financial IPO fully subscribed on day 1

Finance

06 October, 2017

PE-backed MAS Financial IPO fully subscribed on day 1

The initial public offering of Ahmedabad-based non-banking financial company MAS Financial Services Ltd was fully subscribed on the first day ......

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Finance

06 October, 2017

How Baring PE India's latest exit fares against its recent deals

Baring Private Equity India has sold its entire remaining stake in gold loan company Muthoot Finance Ltd, striking its third ......

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Finance

06 October, 2017

Merchant banks' report card: Who made punters smile most via IPO listing gains?

Ample global liquidity and positive investor sentiment on Indian economic reforms have propelled Indian stock markets higher in what many ......

Finance

06 October, 2017

Consolidation may lead to 10-15 state banks, says govt adviser

A planned consolidation in India's state-run banking sector may lead to 10 to 15 lenders that are majority owned by ......

Finance

06 October, 2017

Why PE firms are selling small stakes in investments to pension, sovereign funds

Private equity funds are increasingly selling minority stakes in investments to pension and sovereign wealth funds as they strive to ......

Finance

05 October, 2017

PE-backed MAS Financial raises $20.9 mn from anchor investors

Ahmedabad-based non-banking financial company MAS Financial Services Ltd on Thursday raised Rs 135.91 crore ($20.9 million) from anchor investors including ......

Finance

05 October, 2017

Shriram, IDFC extend exclusivity period on proposed merger

Financial services conglomerates Shriram Group and IDFC Group have extended their 90-day confidentiality and exclusivity agreement for a potential merger ......

Finance

05 October, 2017

Uday Kotak-led SEBI panel proposes tougher corporate governance norms

A panel appointed by India’s market regulator proposed a slew of new regulations on Thursday to boost corporate governance, from ......

Finance

04 October, 2017

RBI directive on treating P2P lenders as NBFCs needs clarity

The Reserve Bank of India (RBI) recently notified that non-banking institutions operating as peer-to-peer (P2P) lending ......

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Finance

04 October, 2017

VC-backed NeoGrowth Credit hires banker for fresh fundraise

Mumbai-based non-banking financial company NeoGrowth Credit Pvt. Ltd, which provides flexible loans to merchants and offers automated repayment options, is ......

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