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InCred founder on scaling up fee-based businesses, picking PIPE over private market

Finance

23 March, 2020

InCred founder on scaling up fee-based businesses, picking PIPE over private market

Mumbai-based InCred Group, founded in 2016 by former Deutsche Bank executive Bhupinder Singh, will ramp up its fee-based businesses alongside ......

Grapevine: Deutsche Bank pulls out of DHFL bidding; JM Baxi may raise CPPIB funds

General

12 March, 2020

Grapevine: Deutsche Bank pulls out of DHFL bidding; JM Baxi may raise CPPIB funds

German lender Deutsche Bank has backed out from bidding for embattled Dewan Housing Finance Corp. Ltd, citing clash of interests,...

India retail banking a ‘nice oasis' for HSBC, other foreign lenders

Finance

03 March, 2020

India retail banking a ‘nice oasis' for HSBC, other foreign lenders

Outsized returns in India, besting local lenders for the first time in a decade, are emboldening banks such as Citigroup, ......

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KKR-backed Avendus revamps wealth management biz as another exec quits

Finance

02 March, 2020

KKR-backed Avendus revamps wealth management biz as another exec quits

Avendus Capital Pvt. Ltd is overhauling its wealth management arm a decade after starting the business, as the Mumbai-based financial...

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Former Blackstone execs may team up for InCred's public market fund

Finance

24 February, 2020

Former Blackstone execs may team up for InCred's public market fund

InCred Capital, the institutional and wealth management arm of InCred Group, plans to float a public market investment fund that...

Grapevine: PE funds, banks, NBFCs circle DHFL retail book

General

14 February, 2020

Grapevine: PE funds, banks, NBFCs circle DHFL retail book

A total of 14 entities including foreign banks, private equity funds and non-bank lenders have begun talks to buy the ......

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InCred in talks to buy boutique investment bank

Finance

10 February, 2020

InCred in talks to buy boutique investment bank

The capital markets, asset management and investment banking unit of Mumbai-based lender InCred Financial Services has approached...

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Anshu Jain-backed InCred teams up with VC firm to float credit fund

Finance

06 November, 2019

Anshu Jain-backed InCred teams up with VC firm to float credit fund

InCred Financial Services Ltd has launched a credit fund under its wealth and asset management arm through a partnership with...

Citigroup names Peter Babej as Asia Pacific chief executive

Finance

17 October, 2019

Citigroup names Peter Babej as Asia Pacific chief executive

Citigroup Inc has named Peter Babej, the U.S. bank's global head of financial institutions group, as its new Asia Pacific...

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Investment bank Lazard downsizing India operations

Finance

09 September, 2019

Investment bank Lazard downsizing India operations

New York-listed investment bank Lazard Ltd is said to be scaling down its India operations and laying off executives, VCCircle...

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