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IFC to invest $24M in Kolhapur-based Ratnakar Bank

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13 February, 2013

IFC to invest $24M in Kolhapur-based Ratnakar Bank

International Finance Corporation (IFC) is looking to invest Rs 130 crore ($24 million) in Ratnakar Bank Ltd as part of ......

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Anup Rau of HDFC Life set to join as CEO of Reliance Life Insurance

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11 January, 2013

Anup Rau of HDFC Life set to join as CEO of Reliance Life Insurance

Anup Rau, senior executive vice president at HDFC Life, is set to join Reliance Life Insurance as its chief executive ......

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Domestic corporate bond issues hit new high, up 40% in first nine months

General

09 January, 2013

Domestic corporate bond issues hit new high, up 40% in first nine months

Private placement of corporate bonds, which revived in FY12 after a flat FY11, is set to hit a new high ......

Pune-based Suryoday Microfinance raises $1.3M from HDFC

General

31 October, 2012

Pune-based Suryoday Microfinance raises $1.3M from HDFC

Pune-based non-banking finance company has raised Rs 7 crore ($1.29 million) from Housing Development Finance Corporation Ltd (HDFC), India’s largest ......

Carlyle exits HDFC for $840M, makes over 2x

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05 October, 2012

Carlyle exits HDFC for $840M, makes over 2x

Private equity major the Carlyle Group has sold its entire stake in India’s largest mortgage lender Housing Development Finance Corp ......

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State-run banks scramble to pamper HNIs with specialised facilities

General

26 September, 2012

State-run banks scramble to pamper HNIs with specialised facilities

Changing preferences and rising expectations of high net worth individuals (HNIs) have forced ageing public sector banks to chug along ......

HDFC meets street expectations, PAT up 18.6% in Q1

General

11 July, 2012

HDFC meets street expectations, PAT up 18.6% in Q1

India’s largest mortgage lender, Housing Development Finance Corporation Ltd (HDFC) met street expectations to post 18.6 per cent growth in ......

Olympus Capital Buys 4.8% In Karur Vysya For $38.34M

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19 April, 2012

Olympus Capital Buys 4.8% In Karur Vysya For $38.34M

Private equity firm Olympus Capital Holdings Asia has acquired 4.8 per cent stake in Tamil Nadu-based Karur Vysya Bank Ltd ......

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