Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Policybazaar, Lenskart backer Chiratae marks final close of fourth fund at $337 mn
Venture capital firm Chiratae Ventures, which has backed homegrown unicorns such as Policybazaar and Lenskart, on Friday said...
Finance
Central bank keeps rates steady at record lows, raises inflation forecast
The Reserve Bank of India's monetary policy committee kept interest rates steady at record lows on Friday, as widely predicted,...
Finance
Singapore's DBS bets on post-pandemic recovery, profit up on lower credit costs
Singapore's DBS Group Holdings flagged strong loan growth and lower credit costs ahead after a rebound in its mainstay home...
Finance
Equirus Group enters insurance broking biz with launch of Equirus Insurance
Mumbai-based investment bank Equirus Group has entered the insurance broking business under the Equirus Insurance brand. The vertical...
Finance
Carlyle to take away 1.9x return from investment in SBI Life
Carlyle Asia Partners V is set to completely exit its investment in India’s third-largest life insurer with almost 2x returns,...
Finance
Japan's SMFG seeks CCI nod to acquire Fullerton India Credit
Japan’s Sumitomo Mitsui Financial Group (SMFG) has filed a proposal with the Competition Commission of India (CCI) to acquire...
Finance
KKR earnings more than double on strong transaction fees, asset sales
Private equity firm KKR & Co Inc said on Tuesday its after-tax distributable earnings more than doubled in the second ......
Finance
Banks get extra time to comply with revised current account rules
The Reserve Bank of India said it will give banks an extra three months until Oct. 31 to implement revised ......
Finance
InCred Financial Services closes second issue of covered bond for $10 mn
Mumbai-based InCred Financial Services Ltd said it has closed its second issue of covered bond for Rs 75 crore ($10 ......
Finance
Anti-monopoly watchdog okays Carlyle deal to buy stake in PNB Housing Finance
Global private equity major Carlyle’s fundraising deal with PNB Housing Finance (PNBHF) has received deemed approval from...
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