Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Impact investor LGT Lightstone Aspada to raise next fund
LGT Lightstone Aspada, formed after the recent acquisition of India-focused impact investment fund Aspada by Swiss investor LGT,...
Finance
Govt unveils big-bang plan to merge state-run banks
The government will merge 10 state-run banks into four as part of a big consolidation drive to clean up the ......
Finance
Dewan Housing board approves conversion of debt to equity
India’s debt-laden shadow bank Dewan Housing Finance Corp Ltd said on Friday its board had approved the conversion of the...
Finance
Why private credit funds are growing in India and drawing in more LPs
In recent years, private credit funds have emerged as an alternative source of debt for Indian companies. This is more ......
Finance
Artha Venture Fund leads P2P lender LenDenClub's pre-Series A funding round
Online peer-to-peer lending platform LenDenClub has raised $1 million (approximately Rs 7.16 crore at current exchange rates)...
Finance
Moody's India arm ICRA sacks CEO Naresh Takkar
Ratings firm ICRA Ltd said on Thursday it has fired managing director and chief executive Naresh Takkar with immediate effect. ICRA’s...
Finance
Maharashtra govt readies new fintech fund for direct startup bets
Government of Maharashtra-backed Mumbai FinTech Hub plans to set up a fund to take direct equity stakes in financial technology...
Finance
SBI's credit card business aims to raise $1.1 bn via IPO
SBI Card & Payments Services Ltd, the credit card subsidiary of State Bank of India, plans to raise about 80 ......
Finance
Lakshmi Vilas Bank CEO quits ahead of merger with Indiabulls Housing
Lakshmi Vilas Bank’s chief executive officer and managing director Parthasarathi Mukherjee has resigned citing personal...
Finance
Indian fintech startups grappling with KYC, data use norms: VCCircle FinServ Summit
Firms in India’s nascent financial technology (fintech) segment are waiting for further clarity on know-your-customer (KYC)...
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