NBFC
Finance
PE-backed Annapurna Finance in talks to snap up microlender
Rural-focussed microfinance institution Annapurna Finance Pvt. Ltd is in talks to acquire a peer with an eye on expanding its...
Finance
IFC proposes to invest $30 mn in Indian School Finance Company
International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has proposed to invest up to $30...
Finance
Piramal eyes portfolio of housing finance company
Piramal Enterprises Ltd has emerged as the front runner to acquire the portfolio of an embattled housing finance company, two...
Finance
Reliance Capital rejects PwC's observations after auditor quits
Reliance Capital said on Thursday the observations of global audit firm PwC about its fiscal accounts were "completely baseless...
Finance
Reliance Capital shares drop after PwC resigns as auditor
Shares in Reliance Capital Ltd closed 6% lower on Wednesday after the non-banking finance company (NBFC) said its auditor had...
Infrastructure
Altico Capital looks to sell part of real-estate loan portfolio amid NBFC distress
Non-banking financial company (NBFC) Altico Capital is considering selling a part of its real estate portfolio, two people in...
TMT
Omidyar-backed Indifi in talks with DFI, others to raise fresh capital
Gurugram-based fintech startup Indifi Technologies Pvt. Ltd, floated by angel investor and venture capital firm Canaan Partners’...
Finance
RBI to monitor NBFCs more closely, says governor Shaktikanta Das
Reserve Bank of India Governor Shaktikanta Das said the central bank would closely monitor the health of non-banking financial...
Finance
NBFC woes heighten as Jhunjhunwala-backed Dewan Housing misses bond payment
Shares of mortgage lender Dewan Housing Finance Corporation Ltd (DHFL) fell as much as 18% on Thursday, their biggest intraday...
Finance
US pension fund TIAA leads Series D investment in Samunnati Financial
Non-banking financial company Samunnati Financial Intermediation & Services Pvt. Ltd on Tuesday said it has raised Rs 387...
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