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Altico Capital looks to sell part of real-estate loan portfolio amid NBFC distress

Infrastructure

12 June, 2019

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 the ......

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Omidyar-backed Indifi in talks with DFI, others to raise fresh capital

TMT

11 June, 2019

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’ former India chief ......

RBI to monitor NBFCs more closely, says governor Shaktikanta Das

Finance

10 June, 2019

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 companies ......

NBFC woes heighten as Jhunjhunwala-backed Dewan Housing misses bond payment

Finance

06 June, 2019

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 ......

US pension fund TIAA leads Series D investment in Samunnati Financial

Finance

28 May, 2019

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 crore (around ......

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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 of equity funding from ......

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 a ......

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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 ......