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SBI Life's IPO crosses halfway mark on second day

Finance

21 September, 2017

SBI Life's IPO crosses halfway mark on second day

The initial public offering (IPO) of SBI Life Insurance Co Ltd crossed the halfway mark on the second day of ......

CPPIB, GIC among anchor investors betting on SBI Life's $1.3 bn IPO

Finance

20 September, 2017

CPPIB, GIC among anchor investors betting on SBI Life's $1.3 bn IPO

SBI Life Insurance Company Ltd has raised Rs 2,226 crore ($346 million) from anchor investors including Canada Pension Plan Investment ......

Microlenders Margdarshak, Swarna Pragati raise debt funding

Finance

18 August, 2017

Microlenders Margdarshak, Swarna Pragati raise debt funding

Lucknow-based microfinance institution Margdarshak Financial Services Ltd has raised Rs 20 crore ($3 million) in debt funding from Japan ASEAN ......

State Bank of India leads Sensex to new closing high

Finance

31 July, 2017

State Bank of India leads Sensex to new closing high

Indian shares ended at a record closing high on Monday led by State Bank of India after the nation's biggest ......

Carlyle to buy 26% in State Bank of India's credit card ventures

Finance

21 July, 2017

Carlyle to buy 26% in State Bank of India's credit card ventures

Global private equity firm Carlyle Group will acquire a 26% stake in State Bank of India’s two credit card joint ......

SBI Life Insurance files for IPO, likely to raise $1.1 bn

Finance

17 July, 2017

SBI Life Insurance files for IPO, likely to raise $1.1 bn

SBI Life Insurance Co Ltd, a joint venture between State Bank of India Ltd and BNP Paribas Cardif, on Monday ......

Micro-lender Aye Finance sells part of loan portfolio to raise capital

Finance

12 July, 2017

Micro-lender Aye Finance sells part of loan portfolio to raise capital

Gurgaon-based AYE Finance Pvt. Ltd, which lends to micro and small businesses, has raised funds by selling a part of ......

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Lenders take control of cash-strapped engineering firm Aster

Infrastructure

14 June, 2017

Lenders take control of cash-strapped engineering firm Aster

A group of lenders to Aster Pvt. Ltd has taken control of the Hyderabad-based engineering services provider after the company, ......

SBI Life Insurance picks eight merchant banks for IPO

Finance

12 May, 2017

SBI Life Insurance picks eight merchant banks for IPO

SBI Life Insurance Co Ltd, a joint venture of State Bank of India and BNP Paribas Cardif, has appointed eight ......

Micro-lender AYE Finance gets $3 mn in debt funding from SBI

Finance

10 May, 2017

Micro-lender AYE Finance gets $3 mn in debt funding from SBI

Gurgaon-based AYE Finance Pvt. Ltd, which lends to micro and small enterprises, has secured a credit line of Rs 20 ......

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