Federal Bank
Finance
True North tweaks exit plan from BFSI portfolio firm
True North, one of India’s oldest private equity firms that recently beat benchmark returns in a partial exit from a financial services portfolio company, ......
Finance
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 ......
Finance
PE, M&A deals in financial sector sink but GIC, CPPIB bet more
The number of private equity deals, mergers and acquisitions in the financial services sector touched the lowest level in at ......
Finance
Equirus hires former JM Financial dealmaker to boost i-banking unit
Financial advisory and investment banking firm Equirus Capital Pvt. Ltd has recruited a top dealmaker who has more than two ......
Finance
As coronavirus gears up to flog dividends, a look at the stock goodies dangled in the past
In the wake of the coronavirus pandemic, India has been in a nation-wide lockdown for more than a month now, ......
Finance
True North to pump more money into financial services firm
Homegrown mid-market private equity firm True North is set to invest an additional sum in a financial services company, according ......
Finance
Yes Bank debacle: How healthy are smaller private-sector banks?
The Reserve Bank of India’s takeover of Yes Bank has heightened concerns about the health of other private-sector lenders, especially ......
Finance
IDBI Bank seeks bankers to sell non-core businesses
State-owned IDBI Bank has sought representations from investment banks to sell most of its non-core businesses, three people aware of ......
Finance
Federal Bank hires four bankers to raise $388 mn via share sale
Aluva-based Federal Bank has hired two foreign and two domestic merchant bankers to manage a Rs 2,500 crore (around $388.8 ......
