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Kotak Mahindra Bank

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PE investor Bay Tree sells a third of its stake in Yes Bank; sitting on 1.2x returns

Finance

11 May, 2021

PE investor Bay Tree sells a third of its stake in Yes Bank; sitting on 1.2x returns

Bay Tree India Holdings has sold almost a third of its stake in Yes Bank at a price that indicates ......

Northern Arc Capital raises debt financing from Kotak Mahindra Bank

Finance

19 April, 2021

Northern Arc Capital raises debt financing from Kotak Mahindra Bank

Non-bank lender Northern Arc Capital has received Rs 40 crore ($5.34 million) debt financing from mid-sized private-sector lender Kotak Mahindra ......

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Kotak fund backs Mariwala family in nutraceuticals biz

Healthcare

22 February, 2021

Kotak fund backs Mariwala family in nutraceuticals biz

A Kotak fund has struck a deal to invest in a nutraceuticals business backed by Sanjaya Mariwala family.  Kotak Special Situations ......

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Norwest scores benchmark returns from seven-year investment in private lender

Finance

04 February, 2021

Norwest scores benchmark returns from seven-year investment in private lender

Norwest Venture Partners has exited its nearly seven-year investment in a listed financial services firm with benchmark returns, a person ......

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WestBridge-backed Star Health lines up large funding round

Finance

07 January, 2021

WestBridge-backed Star Health lines up large funding round

Chennai-based Star Health and Allied Insurance Co. Ltd has firmed up plans for a large equity funding round that would ......

Grapevine: Multiples PE to exit Encube Ethicals, promoter may also sell 10% stake

General

05 January, 2021

Grapevine: Multiples PE to exit Encube Ethicals, promoter may also sell 10% stake

Mumbai-based private equity firm Multiples Alternate Asset Management is looking to sell its entire stake of about 10% in Encube ......

Sensex, Nifty end flat as investors book profits after sharp rally

Markets

15 December, 2020

Sensex, Nifty end flat as investors book profits after sharp rally

Indian shares ended flat on Tuesday, recovering from a bout of profit booking earlier in the session following a record-setting ......

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What RBI panel's report means for banking sector, top banks, NBFCs and SFBs

Finance

20 November, 2020

What RBI panel's report means for banking sector, top banks, NBFCs and SFBs

An internal panel of the Reserve Bank of India has suggested allowing large corporate houses to own significant stakes in ......

Grapevine: Kotak Mahindra Bank eyes IndusInd; Warburg looks to sell CleanMax stake

General

26 October, 2020

Grapevine: Kotak Mahindra Bank eyes IndusInd; Warburg looks to sell CleanMax stake

Private-sector lender Kotak Mahindra Bank is looking to buy smaller rival IndusInd Bank, media reports said. Kotak Mahindra chief Uday Kotak ......

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PE, M&A deals in financial services sector remain in the doldrums

Finance

13 October, 2020

PE, M&A deals in financial services sector remain in the doldrums

The number of private equity deals and mergers and acquisitions (M&As) in the banking, financial services and insurance (BFSI) sector ......