Finance

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

RBI keeps interest rates steady, raises GDP forecast

Economy

04 December, 2020

RBI keeps interest rates steady, raises GDP forecast

The Reserve Bank of India (RBI) kept key interest rates steady as widely expected on Friday amid persistently high inflation,...

Economy

04 December, 2020

Economy on rebound, govt focuses on spending: Finance minister

India's economy will return to growth in 2021/22 after a sharp contraction in the latest year, and higher public spending...

Finance

03 December, 2020

Bank of India takes full control of mutual fund arm as AXA exits

State-run Bank of India said Thursday it has signed a pact with French multinational AXA Investment Managers Asia Holdings Pvt....

Finance

03 December, 2020

PE firms, ARCs queue up for Reliance Capital's assets

Blackstone, KKR, Bain Capital and JC Flowers and others have submitted Expressions of Interest (EOIs) for different assets of...

Finance

03 December, 2020

RBI puts curbs on HDFC Bank's digital, credit card operations

The central bank has forbidden India’s largest private lender, HDFC Bank, from adding new credit card customers or launching...

Economy

03 December, 2020

Indian services industry loses some steam in November

Growth in India’s dominant services industry lost some momentum in November as demand weakened, a private survey showed...

Premium

Finance

01 December, 2020

ESAF Small Finance Bank tweaks IPO plan to let another shareholder sell stake

ESAF Small Finance Bank Ltd, which is looking to go public via an initial public offering (IPO), has tweaked its ......

Finance

30 November, 2020

S&P Global to snap up IHS Markit in biggest M&A of 2020

Data giant S&P Global Inc has agreed to buy IHS Markit Ltd in a deal worth $44 billion that will ......

Finance

30 November, 2020

Singapore's DBS completes takeover of Lakshmi Vilas Bank

Singapore’s DBS Group said on Monday it had completed its takeover of distressed Lakshmi Vilas Bank, helping it shift from...

Finance

30 November, 2020

Canadian pension funds seeking private debt face shrinking pool of lower-risk firms

Canadian pension funds and insurers are facing a shrinking universe of higher-quality private debt investments to lift returns...

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