Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Oman India PE fund hits final close of second fund after long slog
Mid-market private equity firm Oman India Joint Investment Fund (OIJIF) has made a final close of its second fund, more ......
Finance
No funds available: Depositors at PMC Bank survive on loans, charity
In February, 82-year-old Kishan Lal appealed to India's finance minister for help, saying in a Twitter message he was ready...
Finance
SBI gets new head to wrestle down bad loans worth $17.5 bn
India’s largest lender State Bank of India (SBI) has appointed a new managing director (MD) to manage down gross non-performing...
Finance
Company Watch: Can PE-backed Veritas Finance lift profitability, asset quality?
Veritas Finance Pvt. Ltd was founded in 2015 to finance the “missing middle”. This target segment, located...
Economy
Govt consumption key to demand growth in economy: RBI report
Indian government spending will support the economy during the pandemic, but private consumption will be needed to drive any economic ......
Finance
Indian School Finance hires new CEO in turnaround effort
Indian School Finance Company Pvt. Ltd (ISFC) has appointed a new managing director and chief executive and also raised fresh...
Finance
Who voted out TPG's Bhatia from Shriram Transport Finance board?
In a relatively rare case of shareholder activism in India, one of the longest-serving board members of a finance firm ......
Finance
Axis Bank cuts stake purchase in Max Life Insurance
Private-sector lender Axis Bank will buy a smaller stake than previously planned in Max Life Insurance Company Ltd in an ......
Finance
Non-bank lender BlackSoil raises more debt capital
Mumbai-based non-banking financial company BlackSoil Capital Pvt. Ltd said Monday it has raised Rs 25 crore ($3.35 million) by...
Finance
Dubai-based family office launches India-focussed early-stage fund
A Dubai-based family office has floated an early-stage investment fund which will be managed by investment banking firm Candle Partners...
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