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True North to pump more money into financial services firm

Finance

31 March, 2020

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...

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Yes Bank debacle: How healthy are smaller private-sector banks?

Finance

13 March, 2020

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,...

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IDBI Bank seeks bankers to sell non-core businesses

Finance

14 August, 2017

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 ......

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Federal Bank hires four bankers to raise $388 mn via share sale

Finance

02 June, 2017

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 ......

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