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Finance

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

Carlyle-backed PNB Housing Finance raises $100 mn from IFC

Finance

29 July, 2019

Carlyle-backed PNB Housing Finance raises $100 mn from IFC

PNB Housing Finance Ltd said on Monday it has raised $100 million (Rs 690 crore) from International Finance Corporation for ......

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SBI CFO Prashant Kumar on bank consolidation, progress on stressed assets and more

Finance

29 July, 2019

SBI CFO Prashant Kumar on bank consolidation, progress on stressed assets and more

State Bank of India (SBI) is leading many fights against top corporate defaulters, including Essar Steel, under the Insolvency and ......

Binny Bansal, Azim Premji Foundation invest in Alteria Capital's venture debt fund

Finance

29 July, 2019

Binny Bansal, Azim Premji Foundation invest in Alteria Capital's venture debt fund

Alteria Capital said on Monday it has made the final close of its first venture debt fund at $140 million ......

Finance minister Sitharaman seeks rate cuts, says no review on overseas borrowing plan

Economy

29 July, 2019

Finance minister Sitharaman seeks rate cuts, says no review on overseas borrowing plan

Finance minister Nirmala Sitharaman, called for a "significant" reduction in the central bank's policy rates and...

Yes Bank takes 18.5% stake in SSG-backed Cox & Kings by invoking pledged shares

Finance

26 July, 2019

Yes Bank takes 18.5% stake in SSG-backed Cox & Kings by invoking pledged shares

Yes Bank Ltd has acquired an 18.55% stake in tours and travel services company Cox & Kings Ltd by invoking ......

Schroders to take control of Swiss impact investor BlueOrchard

Finance

26 July, 2019

Schroders to take control of Swiss impact investor BlueOrchard

British asset manager Schroders Plc said on Friday it has agreed to acquire a majority stake in Swiss impact investor ......

IDFC scraps plan to sell securities business to TCG

Finance

26 July, 2019

IDFC scraps plan to sell securities business to TCG

IDFC Ltd said on Friday it has called off a deal to sell its securities business to The Chatterjee Group ......

Swiss impact investor responsAbility backs Satin Creditcare

Finance

26 July, 2019

Swiss impact investor responsAbility backs Satin Creditcare

Microfinance company Satin Creditcare Network Ltd said on Friday it has raised $9.4 million (around Rs 65 crore) from Switzerland-based...

SoftBank unveils new $108 bn Vision Fund with Apple, Microsoft as LPs

Finance

26 July, 2019

SoftBank unveils new $108 bn Vision Fund with Apple, Microsoft as LPs

SoftBank Group Corp said on Friday it has secured commitments to raise $108 billion from a wide range of investors ......

EY India acquires C Centric to strengthen CRM vertical

Finance

25 July, 2019

EY India acquires C Centric to strengthen CRM vertical

The India arm of professional services firm EY has acquired customer relationship management (CRM) solutions provider C Centric...

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