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PE, M&A deals in financial sector sink but GIC, CPPIB bet more

Finance

21 July, 2020

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 ......

Warburg Pincus pumps cash into IDFC First Bank in second India bet of 2020

Finance

04 May, 2020

Warburg Pincus pumps cash into IDFC First Bank in second India bet of 2020

Global private equity giant Warburg Pincus is injecting Rs 200 crore ($26.4 million) into IDFC First Bank to maintain its ......

Three lenders trim stake in Yes Bank within two weeks of investment

Finance

23 April, 2020

Three lenders trim stake in Yes Bank within two weeks of investment

Three private-sector banks, which had pitched in to save Yes Bank from the brim of a collapse last month, have ......

Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank

General

23 March, 2020

Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank

Troubled private sector lender Yes Bank may attract interest from a clutch of foreign investors as part of a massive ......

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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, especially ......

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Village Financial seeks private growth capital after deferring IPO

Finance

14 January, 2020

Village Financial seeks private growth capital after deferring IPO

Microlender Village Financial Services Ltd is looking to raise private capital and convert to a small finance bank in a ......

Grapevine: Warburg pledges IDFC First Bank stake; IndiGo founders' rift far from over

General

06 August, 2019

Grapevine: Warburg pledges IDFC First Bank stake; IndiGo founders' rift far from over

Global private equity giant Warburg Pincus has pledged its entire 9.86% stake in private-sector lender IDFC First Bank Ltd to ......

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Top retail banking exec at IDFC First quits, to float own venture

Finance

01 May, 2019

Top retail banking exec at IDFC First quits, to float own venture

A top executive of Mumbai-based IDFC First Bank Ltd has quit the firm and is in the process of setting ......

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PE-backed private lender leads race to buy InCred's home finance unit

Finance

20 March, 2019

PE-backed private lender leads race to buy InCred's home finance unit

A private-sector lender has emerged as the front-runner to acquire the housing finance unit of InCred Finance, three people familiar ......

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In Charts: Are small and mid-sized private banks grossly overpaying their CEOs?

Finance

22 January, 2019

In Charts: Are small and mid-sized private banks grossly overpaying their CEOs?

There has been talk of late that the Reserve Bank of India (RBI) may impose limits on the pay packets ......