financial services

Finance

25 February, 2022

India M&A deal value hits record high at $112.8 bn in 2021: Report

India’s dealmaking ecosystem reached a new milestone during 2021. While the private equity activity peaked during the year, the mergers ......

Finance

26 November, 2021

Incofin, MAJ-backed Save Solutions acquires regional housing finance firm NHHFDL

Save Solutions Pvt Ltd, a rural-focused financial services group, has acquired New Habitat Housing Finance and Development Ltd (NHHFDL), the ......

Finance

29 September, 2021

Piramal aims to reduce the wholesale loan book of DHFL after merger

After Piramal Capital and Housing Finance Ltd (PCHFL) merges with Dewan Housing Finance Corporation Ltd, the combined entity will aim ......

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Finance

05 September, 2019

Anand Rathi explores private funding round for wealth unit after shelving IPO

Financial services group Anand Rathi is raising a private round of equity capital for its wealth business, which called off ......

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Finance

15 March, 2019

Edelweiss' NBFC unit loses senior executive

A senior executive at the non-banking financial company (NBFC) unit of diversified financial services company Edelweiss Group has resigned, two ......

Finance

26 December, 2018

Anand Rathi's wealth management arm calls off IPO

Financial services group Anand Rathi said on Wednesday that it has shelved plans to list its wealth management arm on ......

Finance

20 December, 2018

PE-backed Aavas Financiers raises $29 mn from CDC via masala bonds

Home-loan company Aavas Financiers Ltd has raised Rs 200 crore ($28.7 million) from UK government-owned development financial institution CDC Group ......

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Finance

03 December, 2018

Anand Rathi Wealth's proposal to go public hits a snag

Financial services company Anand Rathi Group’s plan to list its wealth management arm has hit a temporary roadblock. The Securities and ......

Finance

26 November, 2018

PE firms, banks express interest in two IL&FS units

India’s debt-laden Infrastructure Leasing & Financial Services (IL&FS) said on Monday it received more than a dozen expressions of interest ......

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Finance

15 November, 2018

GIC hikes stake in CPPIB-backed Kotak Mahindra Bank

Singapore’s sovereign wealth fund GIC has increased its shareholding in Kotak Mahindra Bank Ltd while Scottish investment firm Edinburgh Dragon ......