Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
US Fed keeps rates on hold, stays on track for September hike
The U.S. Federal Reserve kept interest rates unchanged on Wednesday but characterized the economy as strong, keeping the......
Finance
PE-backed CreditAccess eyes stellar returns from partial exit in microlender's IPO
Netherlands-based CreditAccess Asia NV, which owns CreditAccess Grameen Ltd that operates under the Grameen Koota brand, is set to churn ......
Finance
Financial, auto stocks drag Sensex lower after RBI raises repo rate
Indian shares shed early gains to end lower on Wednesday, pulled down by financial and auto stocks, after the Reserve ......
Economy
Why the RBI's second successive rate hike is bad news for dealmaking
The Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate for the second time since June, a ......
Finance
Dalmia Group invests in PE-backed Chinese NBFC
The overseas arm of Gaurav Dalmia-led Dalmia Group has invested in a Chinese non-bank lender that is backed by a ......
Finance
In Charts: How top NBFCs outpaced biggest banks by asset and profit growth
Last week, VCCircle analysed how India’s 11,500-odd non-banking finance companies have, in the past few years, capitalised...
Finance
Have $1 bn more to deploy in stressed assets: Edelweiss ARC CEO RK Bansal
The growing pile of bad loans has dragged many banks into the red but Edelweiss Asset Reconstruction Co. Ltd has ......
Finance
Capria gets IFC as LP as it nears first close of emerging markets fund-of-funds
Global impact investment firm Capria announced on Tuesday that it has received a commitment of $13 million (around Rs 89......
Finance
TPG leads $100 mn investment in SME lender Five Star Business Finance
Private equity firm TPG said on Tuesday it has led a $100 million (Rs 685 crore) investment round in Five ......
Economy
India's April-June fiscal deficit at 68.7% of budgeted target
India reported on Tuesday a fiscal deficit of 4.29 trillion rupees ($62.57 billion) for April-June, or 68.7 percent of ......
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