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Manappuram to pick up to 85% in Asirvad Microfinance for $21.4M
Gold loan firm Manappuram Finance Ltd has received its board approval to acquire 70 per cent stake in Asirvad Microfinance ......
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Everstone raises $301M as first close in its new PE fund
Private equity firm Everstone Capital has added $40 million through a separate feeder fund to take the total corpus in ......
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Asian Development Bank lends $200M to Yes Bank
India’s fifth-largest private sector lender Yes Bank Ltd has raised $200 million in unsecured loan from regional development financial institution ......
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RBI simplifies rules to identify non-cooperative borrower
Reserve Bank of India (RBI) has made it simpler for banks and financial institutions to classify or declassify a borrower ......
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HDFC selling under 1% stake in HDFC Standard Life to PremjiInvest for around $31M
Housing Development Finance Corp Ltd (HDFC), the country's largest mortgage lender, is selling just under 1 per cent stake in ......
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Audit firm Desai Haribhakti partners NYSE-listed advisory services firm FTI Consulting
Desai Haribhakti, one of the leading home-grown accounting and audit firms in the country, has joined hands with global business ......
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CDC, Lok Capital lead $21M funding round in Utkarsh Micro Finance
Varanasi-based Utkarsh Micro Finance Pvt Ltd has raised $21 million (Rs 135 crore) in Series D round of funding, as ......
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Everstone raises $261M as first close for its latest fund
Private equity firm Everstone Capital Asia has raised $261 million (approximately Rs 1,646 crore) for its third fund, Everstone Capital ......
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IDBI invites EoI for sale of 5% stake in NSE
Public sector lender IDBI Bank Ltd has invited an expression of interest (EoI) for the sale of its entire 5 ......
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Government pegs FY15 GDP growth at 5.5%
India's economy is expected to grow at around 5.5 per cent in the current financial year to March 31, 2015, ......
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