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Centrum-BharatPe's Unity Small Finance Bank starts operations

Finance

01 November, 2021

Centrum-BharatPe's Unity Small Finance Bank starts operations

Unity Small Finance Bank Ltd (Unity Bank), promoted by Centrum Financial Services Ltd and Resilient Innovations Pvt. Ltd (BharatPe), commenced ......

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Centrum arm strikes first takeover after getting Morgan Stanley PE's backing

Finance

24 December, 2020

Centrum arm strikes first takeover after getting Morgan Stanley PE's backing

A subsidiary of financial services company Centrum Capital Ltd has inked a deal to acquire a majority stake in the ......

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Centrum mulls bumping up unsecured lending portfolio with personal loans

Finance

15 October, 2019

Centrum mulls bumping up unsecured lending portfolio with personal loans

Centrum is considering expanding its unsecured lending portfolio, currently consisting of microfinance, by launching personal loans, a top executive told ......

Centrum's Jaspal Bindra on bankruptcy law and why India needs a deeper bond market

Finance

14 February, 2019

Centrum's Jaspal Bindra on bankruptcy law and why India needs a deeper bond market

Debt resolution efforts via the Insolvency and Bankruptcy Code are gaining traction in India but the country still needs to ......

Walmart eyes majority stake in Flipkart; Blackstone ends bid for Anand Jain fund

General

14 March, 2018

Walmart eyes majority stake in Flipkart; Blackstone ends bid for Anand Jain fund

US-based retailer Walmart Inc. is in advanced discussions to acquire a large stake in e-commerce company Flipkart, The Economic Times ......

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Centrum Capital firms up IPO plan for forex business

Finance

25 January, 2018

Centrum Capital firms up IPO plan for forex business

Centrum Capital Ltd’s foreign exchange business unit, Centrum Direct Ltd, is working on a plan to raise capital through an ......

Centrum Group acquires FirstRand Bank's India microfinance business

Finance

01 November, 2017

Centrum Group acquires FirstRand Bank's India microfinance business

Financial services group Centrum Group has started its lending operations through the acquisition of Mumbai-based FirstRand Bank Ltd’s microfinance business ......

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How was Everstone's fresh stake divestment in Centrum Capital?

General

02 February, 2017

How was Everstone's fresh stake divestment in Centrum Capital?

Private equity firm Everstone Capital is looking to rinse its hands of a legacy portfolio firm and has sold additional ......

Centrum Capital's forex business to raise capital from Jacob Ballas

General

01 February, 2017

Centrum Capital's forex business to raise capital from Jacob Ballas

Centrum Capital Ltd’s foreign exchange business unit Centrum Direct Ltd is raising capital from New York Life-backed Jacob Ballas as ......

Centrum hires Shujaat Khan to lead asset management business

General

30 January, 2017

Centrum hires Shujaat Khan to lead asset management business

Centrum Group has hired former co-founder and managing director of Blue River Capital Shujaat Khan to lead its asset management ......