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WestBridge to offer Sequoia about 3x returns exit from housing financier

Finance

19 March, 2021

WestBridge to offer Sequoia about 3x returns exit from housing financier

WestBridge Capital will buy out Sequoia from a Gurugram-based housing finance company, with the latter netting roughly 3x returns in ......

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Canara Bank hires head for housing finance unit from Tata Capital

Finance

20 August, 2019

Canara Bank hires head for housing finance unit from Tata Capital

State-run Canara Bank has hired a new chief for Can Fin Homes Ltd amid revived efforts to sell a stake in ......

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Piramal eyes portfolio of housing finance company

Finance

18 June, 2019

Piramal eyes portfolio of housing finance company

Piramal Enterprises Ltd has emerged as the front runner to acquire the portfolio of an embattled housing finance company, two ......

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PE-backed private lender leads race to buy InCred's home finance unit

Finance

20 March, 2019

PE-backed private lender leads race to buy InCred's home finance unit

A private-sector lender has emerged as the front-runner to acquire the housing finance unit of InCred Finance, three people familiar ......

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Anshu Jain-backed InCred Finance explores sale of housing finance unit

Finance

18 March, 2019

Anshu Jain-backed InCred Finance explores sale of housing finance unit

Non-banking financial company InCred Finance is in talks with private equity firms and strategic investors to offload its housing finance ......

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PE capital has potential to rescue real estate sector: Panellists at VCCircle LP summit

Infrastructure

14 February, 2019

PE capital has potential to rescue real estate sector: Panellists at VCCircle LP summit

The dearth of capital and the mismatch between demand and supply are drawing private equity investors to the real estate ......

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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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Company watch: True North-backed Home First Finance rides housing finance wave

Finance

25 October, 2018

Company watch: True North-backed Home First Finance rides housing finance wave

In February last year, private equity firm True North acquired a majority stake in Home First Finance Company India Ltd ......

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Kedaara, Partners Group set to make stellar returns from partial sale in Aavas IPO

Markets

17 September, 2018

Kedaara, Partners Group set to make stellar returns from partial sale in Aavas IPO

Homegrown private equity firm Kedaara Capital and Swiss investor Partners Group are poised to clock stellar returns from partial exits ......

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ICICI Bank hires head for home finance arm, scraps stake sale plan

People

30 November, 2017

ICICI Bank hires head for home finance arm, scraps stake sale plan

Private lender ICICI Bank, which has not met with any success on its plan to sell its housing finance arm, ......