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Finance

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

India set to meet FY18 fiscal deficit target, says finance ministry official

Finance

29 March, 2018

India set to meet FY18 fiscal deficit target, says finance ministry official

India will meet its fiscal deficit target of 3.5 percent of GDP for the 2017/18 fiscal year ending this month, ......

SEBI eases norms for angel funds to aid startups

Finance

28 March, 2018

SEBI eases norms for angel funds to aid startups

The Securities and Exchange Board of India (SEBI) has eased some rules for angel funds, a move that is likely ......

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LP view on India to become favourable, but not in a hurry: SeaLink's Hajarnavis

Finance

28 March, 2018

LP view on India to become favourable, but not in a hurry: SeaLink's Hajarnavis

Mid-market private equity firm SeaLink Capital, which was set up by former KKR executives Heramb Hajarnavis and Karthik Narayanswamy in ......

State-run IDBI Bank discloses $119 mn fraud

Finance

28 March, 2018

State-run IDBI Bank discloses $119 mn fraud

IDBI Bank Ltd said on Tuesday fraudulent loans of 7.72 billion rupees ($118.8 million) were issued from five of its ......

SeaLink Capital raises debut India private equity fund, exceeds target

Finance

27 March, 2018

SeaLink Capital raises debut India private equity fund, exceeds target

SeaLink Capital Partners, the private equity firm founded by former KKR executive Heramb R Hajarnavis, has announced the final close ......

IFC makes LP commitment to Bain-Piramal's $1 bn India Resurgent Fund

Finance

27 March, 2018

IFC makes LP commitment to Bain-Piramal's $1 bn India Resurgent Fund

International Finance Corporation (IFC), the private sector investment arm of the World Bank, is coming in as a Limited Partner ......

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Non-banking lender Capri Global looking to diversify into asset reconstruction biz

Finance

27 March, 2018

Non-banking lender Capri Global looking to diversify into asset reconstruction biz

Non-banking finance company Capri Global Capital Ltd is planning to foray into India’s distressed assets space, a top company executive ......

IFC-backed Bandhan Bank makes stellar stock market debut

Finance

27 March, 2018

IFC-backed Bandhan Bank makes stellar stock market debut

Microlender-turned-bank Bandhan Bank Ltd made a positive trading debut on Tuesday, with its shares listing at a premium of nearly ......

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SBICAP Ventures to float two thematic PE funds

Finance

27 March, 2018

SBICAP Ventures to float two thematic PE funds

SBICAP Ventures Ltd plans to launch two thematic private equity funds, as the step-down unit of India's largest bank looks ......

ICICI Securities' IPO sails through after parent trims issue size

Finance

26 March, 2018

ICICI Securities' IPO sails through after parent trims issue size

The initial public offering (IPO) of ICICI Securities Ltd, the stock broking arm of ICICI Bank Ltd, sailed through on ......

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