Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
SBI Life Insurance picks eight merchant banks for IPO
SBI Life Insurance Co Ltd, a joint venture of State Bank of India and BNP Paribas Cardif, has appointed eight ......
Finance
Apax makes maiden bet on a private bank in India
Global private equity firm Apax Partners, which has backed a few private non-banking finance companies (NBFCs) in the ......
Finance
Kotak Mahindra Bank to raise $900 mn via share sale
India's Kotak Mahindra Bank Ltd is selling new shares worth as much as Rs 5,800 crore ($900 million) to boost ......
Finance
Why Haven't PE Firms' Stressed Assets Ventures Taken Off?
When the Reserve Bank of India completed a review of banks’ asset quality towards the end of 2015, plenty of ......
Finance
Court restrains IBA from using the word ‘Andersen'
In a relief to US-headquartered tax and consulting firm Andersen Tax LLC, the Bombay High Court has restrained Indian ......
Finance
Kotak Mahindra Bank to launch $867 mn share sale
Kotak Mahindra Bank Ltd plans to launch a qualified institutional placement of shares to raise about Rs 5,600 crore ($......
Finance
IFC plans $350 mn debt investment in HDFC, Bajaj Finance
International Finance Corporation (IFC) plans to invest a total of $350 million in mortgage lender Housing Development ......
Finance
Consumer stocks power Sensex to new peak
Indian shares hit a record high on Wednesday as shares of consumer goods and agriculture-dependent companies rallied ......
Finance
Micro-lender AYE Finance gets $3 mn in debt funding from SBI
Gurgaon-based AYE Finance Pvt. Ltd, which lends to micro and small enterprises, has secured a credit line of Rs 20 ......
Finance
IFC commits $10 mn to Stellaris' debut venture capital fund
International Finance Corporation (IFC) plans to invest $10 million (Rs 64.6 crore) in the first fund of Stellaris Venture Partners, ......
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