Ishaan Gera
General
HSBC to close private banking operations in India
HSBC Holdings Plc is all set to shut down private banking business in India, becoming the third foreign private bank ......
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RBI doubles short-term loan cap for MFIs
The Reserve Bank of India on Thursday doubled the limit for short-term loans extended by microfinance institutions (MFIs) in an ......
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Govt gears up for winter session, extends olive branch to clear GST
The winter session of the Parliament will start on Thursday and the government has started reaching out to the Opposition ......
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Mid-sized MFI SV Creditline beefs up capital base
Delhi-based microfinance firm SV Creditline Pvt Ltd (SVCL) has raised additional capital from its promoter and a domestic hedge fund ......
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Nippon to hike stake in Reliance Life for $341M
Nippon Life Insurance Company, Japan’s largest life insurer, said on Tuesday it will raise its stake in Reliance Life Insurance ......
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Which PE firm bagged the most from IPO bonanza
Promoters and private equity investors took home more than a third of the total sum raked through initial public offerings ......
General
RBI allows automatic approval for foreign investment in PE, VC funds
In an effort to further boost the investment environment in the country, Reserve Bank of India (RBI) issued a notification ......
General
How the government staff pay bonanza may affect the economy
The Indian government’s proposed increase in staff salaries and pensions that will cost the exchequer Rs 1.02 lakh crore ($15.4 ......
General
RBI approval mandatory for buying over 5% stake in private banks
Reserve Bank of India (RBI) has revised the guidelines for investors seeking to get significant shareholding of a private bank, ......
TMT
Tech startup balloon may deflate rather than burst
At a time when the startup ecosystem is flourishing and valuations for many ventures are soaring, a few people feel ......