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Indebted firms constrain lending: RBI

General

26 June, 2015

Indebted firms constrain lending: RBI

The ability of debt-laden India Inc. to repay debts has worsened as leverage has increased, straining the banking sector burdened ......

RBI allows banks to borrow from global institutions without approval

General

26 June, 2015

RBI allows banks to borrow from global institutions without approval

RBI eased its funding norms allowing banks to borrow from international financial institutions for general banking business without seeking permission."With ......

Motilal Oswal AMC crosses $1B assets under management mark

General

25 June, 2015

Motilal Oswal AMC crosses $1B assets under management mark

Motilal Oswal Asset Management Company Ltd, the asset management arm of financial services firm Motilal Oswal, has crossed the mielstone ......

Bank credit growth in India slowed in 2014-15; lost steam further in Q4

General

25 June, 2015

Bank credit growth in India slowed in 2014-15; lost steam further in Q4

The dismal performance of credit growth continued from 2013-14 when gross outstanding credit of scheduled commercial banks (SCBs) rose just ......

MCX sells part of equity convertible warrants in Metropolitan Stock Exchange

General

26 June, 2015

MCX sells part of equity convertible warrants in Metropolitan Stock Exchange

Commodity bourse operator Multi Commodity Exchange of India Ltd (MCX) has sold part of equity convertible warrants it held in ......

Fusion Microfinance raises $8.3M in Series C round from Belgium's BIO and Oikocredit

General

25 June, 2015

Fusion Microfinance raises $8.3M in Series C round from Belgium's BIO and Oikocredit

Fusion Microfinance Pvt Ltd has raised Rs 53 crore ($8.3 million) in Series C round of funding from Belgian Investment ......

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Founder Manik Arora to leave IDG Ventures India

General

24 June, 2015

Founder Manik Arora to leave IDG Ventures India

IDG Ventures India’s founder and managing director Manik Arora has decided to move on from the venture capital firm, according ......

Global fund-of-funds Hamilton Lane raises $1.5B in co-investment vehicle

General

24 June, 2015

Global fund-of-funds Hamilton Lane raises $1.5B in co-investment vehicle

Global private asset management firm Hamilton Lane has announced the final closing of Hamilton Lane Co-Investment Fund III at $1.5 ......

We should extend ‘Make in India' and talk about ‘Manage in India' for funds: Gopal Srinivasan

General

24 June, 2015

We should extend ‘Make in India' and talk about ‘Manage in India' for funds: Gopal Srinivasan

Gopal Srinivasan, chairman and managing director of TVS Capital Funds, recently took on two new roles. Early this month, he ......

SEBI fast-tracks listing post IPO, cuts FPOs, rights issue process; FMC to be merged with SEBI

General

23 June, 2015

SEBI fast-tracks listing post IPO, cuts FPOs, rights issue process; FMC to be merged with SEBI

The capital markets regulator Securities and Exchange Board of India (SEBI) has decided to cut the time-line for listing of ......

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