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KKR clocks stellar returns from partial exit in mutual fund house

Finance

23 October, 2019

KKR clocks stellar returns from partial exit in mutual fund house

Private equity giant KKR & Co. has walked away with a bountiful harvest after selling nearly half its stake in ......

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Why HDFC is selling Gruh Finance stake amid unit's merger with Bandhan Bank

Finance

24 May, 2019

Why HDFC is selling Gruh Finance stake amid unit's merger with Bandhan Bank

Housing Development Finance Corp. Ltd (HDFC) on Friday sold part of its stake in Gruh Finance Ltd even as the ......

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HDFC puts plan for stressed assets fund on the back burner

Finance

21 February, 2019

HDFC puts plan for stressed assets fund on the back burner

Housing Development Finance Corp has put on hold a plan to set up a fund to invest in stressed real ......

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Gruh deal will help increase secured loan book: Bandhan Bank CEO

Finance

08 January, 2019

Gruh deal will help increase secured loan book: Bandhan Bank CEO

In April 2014, Chandra Shekhar Ghosh managed to get what many bigger businessman couldn't--a banking licence. Bandhan Bank, the microlender-turned-bank, ......

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Flashback 2018: New-age tech startups make presence felt in year's top PE deals

TMT

31 December, 2018

Flashback 2018: New-age tech startups make presence felt in year's top PE deals

Dealmaking across private equity and venture capital remained almost flat this year after a record 2017. But if there has ......

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In numbers: Which NBFCs have the biggest bad-loan problem?

Finance

20 November, 2018

In numbers: Which NBFCs have the biggest bad-loan problem?

The recent downfall of Infrastructure Leasing and Financial Services Ltd (IL&FS), one of India’s largest non-banking financial companies (NBFCs) which ......

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Goldman Sachs-backed NewDoor valued at $40 mn as HDFC bets on student housing co

Infrastructure

21 August, 2018

Goldman Sachs-backed NewDoor valued at $40 mn as HDFC bets on student housing co

Housing Development Finance Corporation (HDFC) has agreed to pick up 25% stake in Good Host Spaces Pvt. Ltd, which offers ......

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HDFC AMC gets PE firm, sovereign fund on board as anchor investors ahead of IPO

Finance

24 July, 2018

HDFC AMC gets PE firm, sovereign fund on board as anchor investors ahead of IPO

Mutual fund company HDFC Asset Management Co Ltd raised Rs 731.85 crore ($106 million) on Tuesday from a bunch of ......

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HDFC Mutual Fund picks bankers for IPO

Finance

19 February, 2018

HDFC Mutual Fund picks bankers for IPO

HDFC Asset Management Co. Ltd, India’s second-largest mutual fund by assets, has selected half a dozen merchant bankers for its ......

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PE deal of the month: GIC, KKR bet big on HDFC to pump prime banking unit

Finance

31 January, 2018

PE deal of the month: GIC, KKR bet big on HDFC to pump prime banking unit

If the first month of the New Year is anything to go by, private equity activity in India is likely ......