Bandhan Bank
Finance
GIC bumps ups stake in private-sector lender, deepening BFSI push
Singapore sovereign wealth fund GIC Pte. Ltd has raised its stake in a private sector lender in yet another bet ......
Finance
GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1
Singapore sovereign wealth fund GIC Pte. Ltd shuffled several of its investments in India’s listed banking, financial services and insurance ......
Finance
Three lenders trim stake in Yes Bank within two weeks of investment
Three private-sector banks, which had pitched in to save Yes Bank from the brim of a collapse last month, have ......
Finance
India's $28-bn microfinance sector braces for turmoil as third crisis hits in a decade
Gagan Kumar, who runs a small hair salon in Mumbai’s Borivali suburb, is a worried man these days. Kumar had ......
General
Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank
Troubled private sector lender Yes Bank may attract interest from a clutch of foreign investors as part of a massive ......
Finance
Cabinet clears Yes Bank rescue plan; ICICI, Axis, Kotak, HDFC to pitch in
The Union Cabinet has approved a reconstruction plan for Yes Bank, finance minister Nirmala Sitharaman said on Friday, as the ......
Finance
RBI lifts curbs on GIC-backed Bandhan Bank to open branches, but adds riders
The Reserve Bank of India has lifted restrictions on Bandhan Bank, allowing it to open new branches without prior permission, ......
General
Grapevine: Jhunjhunwala under SEBI lens; Kedaara may bet on Veritas Finance
The Securities and Exchange Board of India is investigating insider trading allegations against billionaire investor Rakesh Jhunjhunwala, a media report ......
Finance
Half the early birds post lower revenue for Q3 but profitability improves a tad
India Inc.’s revenue growth slowed again in the quarter through December 2019 but profit growth recovered a little, an analysis ......
Finance
Flashback 2019: How the contours of PE, VC, M&A dealmaking changed this year
The aggregate value of private investments as well as mergers and acquisitions in India slipped back to a more normal ......
