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RBI tightens provisioning rules for restructured loans
The Reserve Bank of India has increased the provisioning norms on restructured standard accounts to 5 per cent from 2.75 ......
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Axis Bank raises over $1B through a mix of QIP and preferential allotment
Axis Bank has closed one of the largest equity issues of the current financial year by raising over Rs 4,726 ......
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IFC & Yes Bank to set up PE fund for investments in north-east India
International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, has signed a memorandum of understanding ......
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PE-backed Grameen Koota in talks to raise over $9M in next round
Bangalore-headquartered microlender Grameen Koota is in talks to raise around Rs 50 crore ($9.4 million) in its next round of ......
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Startup Village to launch $10M VC fund
A group of Kerala-based tech entrepreneurs are setting up a venture capital fund with a corpus of $10 million (~Rs ......
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Nokia commits $250M for third venture fund, expands to China
Finnish handset giant Nokia has committed $250 million in the third fund under its venture funding arm Nokia Growth Partners ......
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Religare appoints new head of advisory; Lazard ropes in Nomura's Bhattal
Religare Capital Markets has hired banking veteran Jason Barakat-Brown as head of advisory based in Singapore. Barakat-Brown will lead Religare's corporate ......
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PE fund managers upbeat after RBI rate cut
The policy easing by the Reserve Bank of India after nine months has struck a chord among the private equity ......
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RBI cuts repo rate, CRR by 25 bps
The Reserve Bank of India lowered its key policy rates for the first in nine months but remained cautious about ......
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PEs sit pretty on 2012 vintage public market deals
India's private equity investors are sitting on pretty gains on the 2012 vintage investments in public listed firms even as ......
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