Finance

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

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IIFL Home's CEO Ratra on growth drivers, high cost of funds, IPO plans and more

Finance

27 September, 2024

IIFL Home's CEO Ratra on growth drivers, high cost of funds, IPO plans and more

IIFL Finance’s home loan subsidiary IIFL Home Finance has seen an uptick of 50% year-on-year in terms of assets under ......

Finance

26 September, 2024

Abu Dhabi wealth fund ADQ raises $2 bn via bond issue

Abu Dhabi sovereign wealth fund ADQ sold a $2 billion two-tranche bond on Wednesday, fixed income news service IFR ......

Finance

26 September, 2024

South African lender Investec opens office in Dubai's financial centre

South African lender Investec has opened an office in the Dubai International Financial Centre (DIFC), it said on ......

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Finance

26 September, 2024

Bottomline: InCred Finance's profit zooms as loan book jumps above $1 bn

Non-bank lender InCred Financial Services Ltd more than doubled its profit and grew its assets under management at a ......

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Finance

25 September, 2024

Dubai's Ajeej Capital, Nuwa roll out tech-focussed debt fund

Ajeej Capital, a Dubai-based asset manager with an AUM of over $1 billion has floated a $100-million growth debt fund ......

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Finance

25 September, 2024

Palestine's Ibtikar Fund closes second vehicle, stops short of hard cap

Ibtikar Fund, the war-stricken Palestine’s only venture capital firm that invests in early-stage Palestinian-founded ......

Finance

25 September, 2024

Zerodha reports double-digit growth in FY24 revenue, profit; warns of big bumps ahead

Discount brokerage firm Zerodha, which competes with the likes of institutional investors-backed Groww and Upstox, has ......

Finance

24 September, 2024

IIFL looks to raise $1.2 bn in debt amid RBI ban

India's IIFL Finance plans to raise 100 billion rupees($1.20 billion) via debt in the next six months and diversify ......

Finance

24 September, 2024

International Finance Corporation's investments hit a record at $56 bn

Investments from the World Bank's private investment arm hit a record $56 billion in its financial year to end-June......

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Finance

24 September, 2024

Bottomline: Finova Capital's asset quality worsens even as profit rises

Non-bank lender Finova Capital continued to be troubled by asset quality risks in FY24 even as the company sustained an......

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