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Blackstone's India bad loan arm plans to expand leadership team

People

03 March, 2020

Blackstone's India bad loan arm plans to expand leadership team

Global private equity giant Blackstone plans to grow the leadership team at its asset reconstruction arm in India, a top ......

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Affordable housing financier Sitara brings American investor on board

Finance

28 February, 2020

Affordable housing financier Sitara brings American investor on board

SEWA Grih Rin Ltd, which offers loans for affordable housing units under the brand name Sitara, has pocketed a big ......

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Lack of credit flow hurting economy, NPA issue overstated: Srei's Hemant Kanoria

Finance

10 February, 2020

Lack of credit flow hurting economy, NPA issue overstated: Srei's Hemant Kanoria

Over the past few years, Kolkata-based Srei Group has gradually brought down its exposure to infrastructure financing. Instead, the group ......

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Kedaara makes spectacular returns from another partial exit in mortgage lender

Finance

07 February, 2020

Kedaara makes spectacular returns from another partial exit in mortgage lender

Homegrown private equity firm Kedaara Capital has sold part of its stake in a housing finance company it had backed ......

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Value Lens: Has Brookfield priced the Indostar Capital deal conservatively?

Finance

06 February, 2020

Value Lens: Has Brookfield priced the Indostar Capital deal conservatively?

Until last week, Canadian firm Brookfield Asset Management Inc. was known in India mainly for its big bets on real ......

Baring PE India hits benchmark returns in partial exit from Manappuram Finance

Finance

04 February, 2020

Baring PE India hits benchmark returns in partial exit from Manappuram Finance

Baring Private Equity Partners India Ltd sold more than half its stake in gold loan financier Manappuram Finance Ltd on ......

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Amicus Capital set to make second financial services bet

Finance

04 February, 2020

Amicus Capital set to make second financial services bet

Mid-market private equity firm Amicus Capital Partners is set to invest in a non-bank lender in what would be its ......

KKR to inject $150 mn into India NBFC after spike in bad loans, top-deck shuffle

Finance

15 January, 2020

KKR to inject $150 mn into India NBFC after spike in bad loans, top-deck shuffle

Private equity firm KKR & Co. Inc. has committed $150 million (about Rs 1,063 crore) to its Indian non-banking finance ......

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Village Financial seeks private growth capital after deferring IPO

Finance

14 January, 2020

Village Financial seeks private growth capital after deferring IPO

Microlender Village Financial Services Ltd is looking to raise private capital and convert to a small finance bank in a ......

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KKR's India NBFC loses another top-level executive

Finance

08 January, 2020

KKR's India NBFC loses another top-level executive

A senior executive at KKR India Financial Services Pvt. Ltd has resigned from the company, as the non-banking unit of ......