NBFC
Finance
How NBFCs are making hay while banks wilt under bad loans
Adversities often throw up new opportunities, provided someone is smart enough to realise it. India’s non-banking financial companies (NBFCs) capitalising ......
Finance
Apax Partners raises stake in non-bank lender
Private equity firm Apax Partners has acquired an additional stake in a non-bank finance company, becoming the top institutional investor ......
Finance
Multiples PE to pick up majority stake in non-bank lender
Mid-market private equity firm Multiples Alternate Asset Management Pvt. Ltd has struck a deal to buy a majority stake in ......
Finance
Microfinance lender Satya MicroCapital raises $1.7 mn via rights issue
Satya MicroCapital Ltd, a New Delhi-based non-banking financial company (NBFC), has raised Rs 11.48 crore ($1.7 million) from existing investors ......
People
Top Edelweiss executive quits to join Gunit Chadha's NBFC
A top executive of financial services conglomerate Edelweiss Group is set to join the non-banking financial company (NBFC) recently started ......
Finance
IFC plans $150 mn debt investment in HDFC Bank's NBFC unit
International Finance Corporation (IFC), the private-sector investment arm of World Bank, is planning to make a senior debt investment of ......
Finance
True North to pick up 26% stake in Federal Bank's NBFC
Homegrown private equity firm True North is set to acquire 26% stake in Fedbank Financial Services Ltd (Fedfina), a non-banking ......
Finance
Fidelity, East Bridge among IndoStar Capital's anchor investors
Non-banking finance company IndoStar Capital Finance Ltd has raised Rs 553.20 crore ($82.44 million) by allotting shares to anchor investors, ......
People
KKR elevates co-head of India realty finance as unit chief
Yesh NadkarniGlobal private equity firm KKR & Co. has promoted India realty finance co-head Yesh Nadkarni as the head ......
People
Essel Finance's realty fund head quits to join NBFC
A top executive at Essel Finance has quit the firm to join non-banking financial company DMI Finance Pvt. Ltd, a ......
