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

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KKR scores benchmark returns from partial exit in SBI Life

Finance

25 July, 2019

KKR scores benchmark returns from partial exit in SBI Life

Private equity giant KKR & Co. has scored benchmark returns by selling a third of its stake in SBI Life ......

Finance

25 July, 2019

LIC-owned IDBI Bank to sell stakes in 19 companies

Life Insurance Corp. of India-owned IDBI Bank has decided to sell its stakes in 19 companies as part of a ......

Finance

25 July, 2019

India to raise big chunk of sovereign overseas debt via 30-year bonds

The Indian government plans to issue a significant portion of its proposed sovereign overseas borrowing via 30-year paper, a senior...

Finance

25 July, 2019

RBI to cut rates again in August as doves prevail: Poll

The Reserve Bank of India is set to cut interest rates in August for the fourth meeting in a row, ......

Finance

25 July, 2019

SoftBank to commit $40 bn to second Vision Fund

Tech conglomerate SoftBank Group Corp will invest $40 billion in its forthcoming second Vision Fund, the Wall Street Journal reported...

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Finance

24 July, 2019

WestBridge bets on private-sector bank after nearly a decade

Homegrown private equity firm WestBridge Capital has struck a rare bet by investing in a private-sector lender for the first ......

Finance

24 July, 2019

Accel invests more money in trade finance firm Drip Capital

California-based trade finance firm Drip Capital Inc. on Wednesday said it has raised $25 million (Rs 172 crore) in its ......

Finance

24 July, 2019

RBI names BP Kanungo to run monetary policy after Viral Acharya quits

The Reserve Bank of India (RBI) said on Tuesday it had assigned deputy governor B.P. Kanungo to run the monetary ......

Finance

23 July, 2019

AIIB scraps plan to fund new Andhra capital after Chandrababu Naidu loses elections

The Beijing-backed Asian Infrastructure Investment Bank has dropped plans to finance a new capital for Andhra Pradesh, after the...

Finance

23 July, 2019

TPG invests more money in Five-Star Business Finance

American private equity firm TPG has made a follow-on investment worth $50 million (about Rs 344.7 crore at current exchange ......

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