Finance

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

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Marquee PE firms in race to invest in Arpwood-backed lender SBFC

Finance

24 February, 2020

Marquee PE firms in race to invest in Arpwood-backed lender SBFC

SBFC Finance Pvt. Ltd, an Arpwood Partners-backed non-banking finance company, is in late stages of discussions with several private...

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Finance

24 February, 2020

Blackstone to pump more funds into asset reconstruction arm IARC: Kishore Moorjani

International Asset Reconstruction Company Pvt. Ltd (IARC), which began operations in 2007, has been a slow starter in India’s asset ......

Finance

21 February, 2020

Axis Bank mulls deeper tie-up with Max Life, may hike stake

Axis Bank, the country’s third-largest private-sector lender, said on Thursday it is exploring a long-term strategic partnership...

Finance

20 February, 2020

MSME-focussed Prayaan Capital raises seed funding from Accion Venture Lab

Prayaan Capital Pvt. Ltd, which runs a financial technology startup focussed on lending to micro, small and medium enterprises...

Finance

20 February, 2020

Mid-market PE firm Amicus Capital invests in two-wheeler financier Berar

Mid-market growth capital firm Amicus Capital has invested Rs 70 crore (nearly $10 million at current exchange rates) in Berar...

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Finance

20 February, 2020

Fresh commitment to Indian PIPE, hedge funds slows in 2019; dry powder drops

Indian hedge funds and private equity firms that invest in stock markets recorded a fall in fresh commitments for a ......

Finance

20 February, 2020

UBS names ING boss Ralph Hamers as new chief executive

UBS Group has named ING boss Ralph Hamers as successor to Chief Executive Sergio Ermotti, becoming the second major Swiss ......

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Finance

20 February, 2020

Bankruptcy boom: India added three insolvency professionals and four valuers a day

India’s three-year-old bankruptcy law has not only opened a fast-track path for creditors to recover their debts from defaulters...

Finance

20 February, 2020

Carlyle-backed SBI Cards' IPO to open on March 2

The $1.25 billion initial public offering of SBI Cards and Payment Services, the credit card arm of State Bank of ......

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Finance

20 February, 2020

Olympus Capital Asia Credit raising India-focused fund

Singapore-based Olympus Capital Asia Credit, which provides structured lending solutions to mid-sized corporations in the Asia-Pacific,...

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