Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
In stressed assets, it doesn't make sense to get cute with disclosures: Sashakt chief
In May 2020, two people in the know told VCCircle that lenders are reconsidering the option of a so-called “bad ......
Finance
Belgian investor Incofin's maiden India fund to make first close
India Progress Fund, the maiden country-focussed vehicle of Belgium-based impact fund Incofin Investment Management, is set to...
Finance
Carlyle-backed PNB Housing taps another SBI veteran to be CEO
PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former head of SBI Cards ......
Finance
Emkay Global hires institutional equities head from SBICAP
Research and brokerage firm Emkay Global Financial Services Ltd has roped in SBICAP Securities’ former head of institutional...
Finance
Oman India PE fund makes fourth financial services bet
Mid-market private equity firm Oman India Joint Investment Fund (OIJIF) has invested in a private-sector lender in its fourth...
Finance
Level the playing field for ARCs if bad bank pops up: Panellists at VCCircle event
As lenders urge the government for a bad bank amid expectations of a surge in soured debt due to coronavirus, ......
Finance
Paytm ropes in Clix founding team member as CEO of lending unit
Paytm has hired Bhavesh Gupta, a founding team member and former chief executive officer of Clix Capital, as CEO of ......
Finance
India must ease bankruptcy norms to lure foreign funds: Panellists at VCCircle event
There is plenty of foreign capital available to tap into the stressed asset market in India despite the coronavirus pandemic ......
Finance
Bad bank will negatively affect private-sector players: Panellists at VCCircle event
A proposed state-owned “bad bank” may offer immediate help but could harm private-sector players in the medium to...
Finance
RBI allows banks to restructure loans to tide over virus-induced stress
The Reserve Bank of India has allowed banks to restructure loans without classifying them as bad debts and pushing the ......
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