Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
InCred group scoops up debt capital markets team from Mumbai firm
The capital markets, asset management and investment banking unit of Mumbai-based lender InCred Financial Services Ltd has roped...
Finance
Carlyle-backed PNB Housing appoints SBI veteran as interim CEO
PNB Housing Finance Ltd said on Tuesday it has appointed Neeraj Vyas as its interim managing director and chief executive ......
Finance
Gurugram B-school creating a student-managed micro fund to back five asset classes
Masters’ Union School of Business, a technology-focussed business school set up earlier this year, has announced the launch...
Finance
ChrysCap goes long on another private-sector lender with around $30 mn bet
India-focused private equity firm ChrysCapital has bought a small stake in a mid-sized private sector bank, adding to its exposure...
Finance
Axis Bank reports surprise $183 mn loss on COVID-19 provisions
Axis Bank Ltd, India’s third biggest private-sector lender, on Tuesday reported a surprise 13.88 billion rupee ($182.96...
Economy
Fitch warns India against further deterioration in fiscal outlook
India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further as the government tries to...
Finance
Axis Bank inks deal to own 30% of Max Life Insurance
Axis Bank has inked a deal to acquire a 30% stake in Max Life Insurance Company Ltd, as India’s third-largest ......
Finance
Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan
Last year, Norwest Venture Partners sealed a rare deal in India’s venture capital industry. The six-decade-old venture and...
Finance
As coronavirus gears up to flog dividends, a look at the stock goodies dangled in the past
In the wake of the coronavirus pandemic, India has been in a nation-wide lockdown for more than a month now, ......
Finance
How a KKR-advised debt mutual fund built exposure to KKR-backed firms and tanked
Private equity firm KKR is in the crosshairs again after it emerged that a debt mutual fund scheme that lost ......
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