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Three PE firms vie to invest in Madura Micro Finance

Finance

27 May, 2019

Three PE firms vie to invest in Madura Micro Finance

Madura Micro Finance Ltd is in talks with at least three private equity firms to raise growth capital and offer ......

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Accel-backed Samunnati Financial gets big cheque from new investor

Finance

10 May, 2019

Accel-backed Samunnati Financial gets big cheque from new investor

Chennai-based non-banking financial company Samunnati Financial Intermediation & Services Pvt. Ltd has closed a new round...

Kinara Capital secures fresh funding from Gaja Capital, others

Finance

09 May, 2019

Kinara Capital secures fresh funding from Gaja Capital, others

Non-banking financial company Kinara Capital has raised Rs 100 crore ($14.3 million at current exchange rates) in funding from...

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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 ......

Swiss impact investor responsAbility bets on non-bank lender Electronica Finance

Finance

17 April, 2019

Swiss impact investor responsAbility bets on non-bank lender Electronica Finance

Swiss asset manager responsAbility Investments AG, via its climate fund, has invested $10 million (Rs 69.5 crore at current exchange...

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Former Aspire Home Finance exec to float AIF, litigation financing biz

Finance

16 April, 2019

Former Aspire Home Finance exec to float AIF, litigation financing biz

Anil Sachidanand, a former managing director of Aspire Home Finance Corporation, is in the process of launching a real-estate-focussed...

Indian renewable energy firms, NBFCs line up for dollar borrowings

Economy

11 April, 2019

Indian renewable energy firms, NBFCs line up for dollar borrowings

Indian companies are lining up to seek dollar-denominated debt as global interest rates soften, but only a few are likely ......

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Policy Tracker: How demonetisation changed the face of bank credit in the Modi years

Finance

03 April, 2019

Policy Tracker: How demonetisation changed the face of bank credit in the Modi years

India’s gross bank credit -- a barometer of the economy’s health -- grew 13.1% between January 2018 and the first...

IIFL fund leads $130 mn investment in Northern Arc Capital

Finance

26 March, 2019

IIFL fund leads $130 mn investment in Northern Arc Capital

Non-banking financial company Northern Arc Capital Ltd said on Tuesday that it has secured a fresh investment of Rs 910 ......

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Non-bank lender BlackSoil Capital raises debt funding

Finance

26 March, 2019

Non-bank lender BlackSoil Capital raises debt funding

Mumbai-based non-banking financial company BlackSoil Capital Pvt. Ltd has raised money from high-net-worth individuals (HNIs)...

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