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Indifi appoints former RBL Bank executive Rana Vikram Anand as president

People

08 August, 2017

Indifi appoints former RBL Bank executive Rana Vikram Anand as president

Gurgaon-based fin-tech startup Indifi Technologies Pvt. Ltd has appointed banking veteran Rana Vikram Anand as president, a company statement said. ......

PE deal of the month: CDC, Multiples infuse more cash into RBL Bank's coffers

Finance

31 July, 2017

PE deal of the month: CDC, Multiples infuse more cash into RBL Bank's coffers

Private-sector lender RBL Bank floated a blockbuster initial public offering on the stock market a year ago. Going public, however, ......

RBL Bank to raise $260 mn from Multiples PE, CDC and others

Finance

07 July, 2017

RBL Bank to raise $260 mn from Multiples PE, CDC and others

RBL Bank Ltd said on Friday it plans to raise Rs 1,680 crore ($260 million) from a clutch of investors ......

Bharat Financial Inclusion in talks with three banks for stake sale

Finance

25 May, 2017

Bharat Financial Inclusion in talks with three banks for stake sale

Bharat Financial Inclusion Ltd, India’s first microlender to go public, is open for a complete takeover or a partial stake ......

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How microfinance lenders have become hot targets for financial services firms

General

08 December, 2016

How microfinance lenders have become hot targets for financial services firms

The inability to tap private equity investors by fund-starved small- to medium-sized microfinance companies (MFIs) has created a market full ......

Avendus hires Sandeep Thapliyal to head NBFC business

General

08 November, 2016

Avendus hires Sandeep Thapliyal to head NBFC business

KKR-controlled Avendus Capital has appointed former RBL Bank executive Sandeep Thapliyal as managing director and chief executive officer of Avendus ......

CDC invests $50 mn more in RBL Bank

General

27 September, 2016

CDC invests $50 mn more in RBL Bank

Private lender RBL Bank Ltd has raised debt funding worth Rs 330 crore ($50 million) as tier II capital from ......

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Swadhaar valued at $10 mn as early VCs cash out

General

02 September, 2016

Swadhaar valued at $10 mn as early VCs cash out

Some of the early venture capital backers of Mumbai-based financial services products distributor Swadhaar FinServe Pvt. Ltd (SFPL) have exited ......

OneAssist Consumer Solutions raises funding from Trifecta Capital

TMT

04 July, 2016

OneAssist Consumer Solutions raises funding from Trifecta Capital

OneAssist Consumer Solutions Pvt. Ltd, which provides protection for credit card, smartphones and payment cards in case of loss or ......

SEBI consent order paves the way for RBL Bank's IPO

General

02 June, 2016

SEBI consent order paves the way for RBL Bank's IPO

The capital markets regulator Securities and Exchange Board of India (SEBI) has agreed to settle an outstanding case against RBL ......