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IFC lifting exposure to Indian bank to nearly $250 mn in one of its largest equity bets

Finance

19 July, 2023

IFC lifting exposure to Indian bank to nearly $250 mn in one of its largest equity bets

International Finance Corporation (IFC), the World Bank Group’s private-sector investment arm, is increasing its exposure to an Indian bank to ......

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What RBI panel's report means for banking sector, top banks, NBFCs and SFBs

Finance

20 November, 2020

What RBI panel's report means for banking sector, top banks, NBFCs and SFBs

An internal panel of the Reserve Bank of India has suggested allowing large corporate houses to own significant stakes in ......

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Bandhan Bank's Chandra Shekhar Ghosh on credit growth, NPA outlook and more

Finance

28 September, 2020

Bandhan Bank's Chandra Shekhar Ghosh on credit growth, NPA outlook and more

Bandhan Bank received a banking licence in 2014, beating out many large conglomerates in the process. In the last five ......

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GIC ups stake in lender with single-biggest India cheque of 2020

Finance

17 August, 2020

GIC ups stake in lender with single-biggest India cheque of 2020

Singapore sovereign wealth fund GIC has made its single-largest investment of 2020 in India thus far as it increased its ......

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GIC bumps ups stake in private-sector lender, deepening BFSI push

Finance

10 July, 2020

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 ......

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GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Finance

06 May, 2020

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 ......

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India's $28-bn microfinance sector braces for turmoil as third crisis hits in a decade

Finance

14 April, 2020

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 ......

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Half the early birds post lower revenue for Q3 but profitability improves a tad

Finance

23 January, 2020

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 ......

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Flashback 2019: How the contours of PE, VC, M&A dealmaking changed this year

Finance

31 December, 2019

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 ......

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Flashback 2019: Few sectors, fewer big-ticket deals dominate top M&As

Finance

31 December, 2019

Flashback 2019: Few sectors, fewer big-ticket deals dominate top M&As

The total value of mergers and acquisitions (M&As) in India slumped in 2019, as only a handful of local companies ......