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Private credit funds boom in Asia as startups stare at down rounds

Finance

30 June, 2023

Private credit funds boom in Asia as startups stare at down rounds

From India to Singapore, Asia is seeing a boom in private credit funds looking to tap into demand mainly from ......

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How was CPPIB's second partial exit from Kotak Mahindra Bank?

Finance

09 June, 2023

How was CPPIB's second partial exit from Kotak Mahindra Bank?

Canada Pension Plan Investment Board (CPPIB) has sold part of its stake in Kotak Mahindra Bank for the second time, as ......

RBI may cut repo rate by end of fiscal: Kotak Mahindra

Economy

26 May, 2023

RBI may cut repo rate by end of fiscal: Kotak Mahindra

The Reserve Bank of India (RBI) may cut interest rates only towards the end of the financial year despite a ......

RBI evaluates Fairfax-backed bank, other potential bidders for IDBI Bank

Finance

13 April, 2023

RBI evaluates Fairfax-backed bank, other potential bidders for IDBI Bank

The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in picking up a majority......

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Banks race to save startups after Silicon Valley Bank collapse

TMT

13 March, 2023

Banks race to save startups after Silicon Valley Bank collapse

At least three Indian banks—Axis Bank, Kotak Mahindra Bank, and ICICI Bank—along with the Indian unit of HSBC, ......

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Kotak wraps up investments from $1 bn special situations fund with new deal

Healthcare

22 February, 2023

Kotak wraps up investments from $1 bn special situations fund with new deal

Kotak Special Situations Fund (KSSF), part of Kotak Mahindra Group’s alternative asset management arm, has completed ......

ICICI Bank, others back spacetech startup SatSure

Finance

06 February, 2023

ICICI Bank, others back spacetech startup SatSure

Bengaluru-based spacetech startup SatSure Analytics Pvt Ltd on Monday said it has raised an undisclosed sum from ICICI ......

Kotak, RBL Bank co-lead $57 mn debt round in Sequoia-backed Stanza Living

TMT

23 March, 2022

Kotak, RBL Bank co-lead $57 mn debt round in Sequoia-backed Stanza Living

Shared living operator Stanza Living said it has secured debt capital of $57 million (Rs 425 crore) co-led by Kotak ......

BharatPe's Grover takes voluntary leave till March amid audio clip row

People

19 January, 2022

BharatPe's Grover takes voluntary leave till March amid audio clip row

Ashneer Grover, Co-founder and Managing Director of BharatPe, has informed the company’s Board of Directors...

Mswipe ropes in Kotak executive as CEO of its lending arm Mcapital

Finance

06 December, 2021

Mswipe ropes in Kotak executive as CEO of its lending arm Mcapital

Mcapital, the lending arm of Mswipe Technologies Pvt Ltd, has roped in Kotak Mahindra Bank’s National Head, Rohit Agarwal...

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