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Ares SSG commits to new fund set up by non-bank lender to hive off real estate loans

Finance

25 May, 2021

Ares SSG commits to new fund set up by non-bank lender to hive off real estate loans

Ares SSG Capital has committed to a new fund set up by a non-banking finance company which will soak up ......

Ward Ferry, Fairfax, others to invest in discount broker 5paisa Capital

Finance

14 April, 2021

Ward Ferry, Fairfax, others to invest in discount broker 5paisa Capital

The board of IIFL Holdings-owned 5paisa Capital, the only publicly listed discount broker, has approved fundraise worth about Rs 250 ......

Grapevine: Byju's may buy Doubtnut; IIFL Finance may sell wholesale lending portfolio

General

29 June, 2020

Grapevine: Byju's may buy Doubtnut; IIFL Finance may sell wholesale lending portfolio

Byju’s is in advanced talks to acquire learning app Doubtnut as the Indian ed-tech giant looks to expand its reach ......

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IIFL founder Nirmal Jain on why the group split into three and more

Finance

27 January, 2020

IIFL founder Nirmal Jain on why the group split into three and more

Six months ago, Fairfax-backed IIFL group split into three listed entities -- finance, wealth and securities – as part of ......

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NBFCs should explore lending off balance sheets: Panellists at VCCircle summit

Finance

28 August, 2019

NBFCs should explore lending off balance sheets: Panellists at VCCircle summit

Non-banking financial companies should look to increase their lending off balance sheets to lower provisions and tackle the liquidity crunch, ......

Fairfax-backed IIFL Holdings to split into three listed firms

Finance

01 February, 2018

Fairfax-backed IIFL Holdings to split into three listed firms

IIFL Holdings Ltd is heading for a three-way split to create two new entities, IIFL Wealth and IIFL Securities, and ......