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SBI Q3 Beats Forcast But Bad Loans Rise
State Bank of India (SBI), the country's biggest lender, reported an unexpected rise in bad loans for the third quarter, ......
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News Roundup: Suitors For Gujarat Gas May Join Hands
Suitors For Gujarat Gas May Join Hands - The suitors to acquire BG’s 65.12 per cent stake in Gujarat Gas ......
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Warburg Pincus To Invest $50M In AU Financiers
Private equity major Warburg Pincus is picking up a stake in Jaipur-based AU Financiers (India) Private Limited for $50 million ......
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General Atlantic Ups IndusInd Bank Stake To 4.8%
Private equity major General Atlantic has increased its stake in Hindujas-promoted IndusInd Bank by acquiring another 1.4 per cent stake ......
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News Roundup: IDBI Bank To Launch $5B Infra Debt Fund
IDBI Bank To Launch $5B Infra Debt Fund - State-run IDBI Bank will launch the country's first infrastructure debt fund ......
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Foundation Capital Ropes Anamitra Banerji As Entrepreneur In Residence
Venture capital firm Foundation Capital has appointed Anamitra Banerji, former Twitter product manager, as an entrepreneur-in-residence. Banerji, who comes with ......
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News Roundup: StanChart PE In Talks For $30M Stake In DivyaSree Unit
StanChart PE In Talks For $30M Stake In DivyaSree Project - Standard Chartered Bank has lent Rs 250 crore of ......
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Temasek Sells 1.4% Of ICICI Bank For $300M
Singapore’s sovereign wealth fund Temasek sold close to half of its stake in India’s second largest lender by the size ......
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Gold Loan Firm Manappuram Bounces Back, Sequoia Ups Stake
The share price of gold loan retailer Manappuram Finance Ltd rebounded as the management clarified on the circular passed by ......
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News Roundup: Basix Seeks Rs 800Cr CDR
Basix Seeks Rs 800Cr CDR - Leading microfinance firm Basix, which has failed to rope in foreign investors so far ......
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