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Kotak Mahindra Bank to buy StanChart India's personal loan book

Finance

18 October, 2024

Kotak Mahindra Bank to buy StanChart India's personal loan book

Kotak Mahindra Bank has agreed to acquire Standard Chartered Bank personal loan book in India, bolstering the Indian banking giant's ......

Former Kotak Bank exec KVS Manian joins Federal Bank as MD, CEO

People

23 September, 2024

Former Kotak Bank exec KVS Manian joins Federal Bank as MD, CEO

Former Kotak Mahindra Bank executive KVS Manian has taken over as the managing director and chief executive officer of Ernakulam-based ......

Billionaire Prem Watsa's Fairfax among bidders for IDBI Bank stake

Finance

01 August, 2024

Billionaire Prem Watsa's Fairfax among bidders for IDBI Bank stake

The Reserve Bank of India has completed its review of potential buyers for a majority stake in IDBI Bank, approving ......

Kotak Mahindra Bank joint MD Manian resigns

Finance

01 May, 2024

Kotak Mahindra Bank joint MD Manian resigns

Private lender Kotak Mahindra Bank said on Tuesday its joint managing director KVS Manian has resigned, after two months in ......

Sensex, Nifty post weekly gains on easing Middle East worries, stable earnings

Markets

26 April, 2024

Sensex, Nifty post weekly gains on easing Middle East worries, stable earnings

India's benchmark indexes fell on Friday, dragged by financials, although the losses were not enough to prevent weekly gains, powered ......

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Creation Investments strikes frugal returns from India MFI bet

Finance

25 April, 2024

Creation Investments strikes frugal returns from India MFI bet

Global impact investor Creation Investments, which manages near $2.2 billion in assets across the globe, has exited a twelve-year old ......

RBI bars Kotak Mahindra from taking new clients online due to IT deficiencies

Finance

24 April, 2024

RBI bars Kotak Mahindra from taking new clients online due to IT deficiencies

India's central bank said on Wednesday it had barred Kotak Mahindra Bank from taking on new customers via its online ......

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Grapevine: ChrysCapital mulls GeBBS Healthcare sale; Carlyle taps 2 banks for Hexaware IPO

General

15 April, 2024

Grapevine: ChrysCapital mulls GeBBS Healthcare sale; Carlyle taps 2 banks for Hexaware IPO

ChrysCapital, India's largest domestic private equity firm, is planning to sell GeBBS Healthcare Solutions, a Los Angeles-based healthcare BPO company, ......

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Grapevine: Livspace plans down round; Bajaj unit, Vishal Mega Mart pick bankers for IPOs

General

08 April, 2024

Grapevine: Livspace plans down round; Bajaj unit, Vishal Mega Mart pick bankers for IPOs

Livspace, a home and interior platform, is in discussions to secure $20-25 million (Rs 1,665-2,081 crore) from private equity giant KKR in ......

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Grapevine: TPG-backed Fractal Analytics revives IPO plans; Rupeek faces down round

General

15 March, 2024

Grapevine: TPG-backed Fractal Analytics revives IPO plans; Rupeek faces down round

Rupeek, a gold loan startup backed by Peak XV Partners and Accel, is holding discussions with both existing and potential ......