Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Govt seeks ouster of Allahabad Bank CEO, two PNB execs over Nirav Modi fraud case
India is taking steps to oust three bank executives, its banking secretary said on Monday, after police issued a list ......
Finance
True North to pick up 26% stake in Federal Bank's NBFC
Homegrown private equity firm True North is set to acquire 26% stake in Fedbank Financial Services Ltd (Fedfina), a non-banking ......
Finance
Everstone-backed IndoStar Capital's IPO sails through on final day
Everstone Capital-backed non-banking financial company IndoStar Capital Finance Ltd saw a strong turnout for its initial public offering (IPO) in ......
Finance
KKR strikes year's first full exit from India portfolio
Private equity giant Kohlberg Kravis Roberts & Co. (KKR) has sold its entire stake in a private-sector lender, marking its ......
Finance
Everstone-backed IndoStar Capital's IPO subscribed two-thirds on second day
Everstone Capital-backed non-banking financial company IndoStar Capital Finance’s initial public offering (IPO) was subscribed a little more than two-thirds on ......
Finance
IFC plans to invest $50 mn in Encore ARC
International Finance Corporation plans to invest up to Rs 325 crore (around $50 million) in Gurugram-based Encore Asset Reconstruction Company ......
Finance
Everstone-backed IndoStar Capital IPO nears halfway mark on day one
Subscriptions for the initial public offering (IPO) of non-banking finance company IndoStar Capital Finance Ltd neared the halfway mark on ......
Finance
Carlyle hits jackpot with PNB Housing Fin partial exit; General Atlantic ups stake
Private equity firm Carlyle Group has made a partial exit from PNB Housing Finance just over three years after betting ......
Finance
Fidelity, East Bridge among IndoStar Capital's anchor investors
Non-banking finance company IndoStar Capital Finance Ltd has raised Rs 553.20 crore ($82.44 million) by allotting shares to anchor investors, ......
Finance
Arohan Financial to get $20 mn in debt funding from IFC
International Finance Corporation (IFC) plans to invest about Rs 130 crore ($20 million) in Kolkata-based Arohan Financial Services Pvt. Ltd ......
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