NBFCs
Finance
True North to pump more money into financial services firm
Homegrown mid-market private equity firm True North is set to invest an additional sum in a financial services company, according ......
Finance
Why NBFCs face bigger headache than banks from coronavirus
India’s non-banking finance companies face more pain in coming months as a nationwide lockdown to battle the coronavirus pandemic threatens ......
Finance
NBFCs must adapt, make loans to sell and not hold: U Gro's Shachindra Nath
Shachindra Nath, a financial services veteran, started providing loans to small businesses last year under non-banking financial firm U Gro ......
Finance
Avanse Financial CEO on growth plan under new majority owner Warburg Pincus
In March 2019, private equity firm Warburg Pincus agreed to acquire an 80% stake in education lender Avanse Financial Services ......
People
Blackstone's India bad loan arm plans to expand leadership team
Global private equity giant Blackstone plans to grow the leadership team at its asset reconstruction arm in India, a top ......
Finance
Affordable housing financier Sitara brings American investor on board
SEWA Grih Rin Ltd, which offers loans for affordable housing units under the brand name Sitara, has pocketed a big ......
Finance
Lack of credit flow hurting economy, NPA issue overstated: Srei's Hemant Kanoria
Over the past few years, Kolkata-based Srei Group has gradually brought down its exposure to infrastructure financing. Instead, the group ......
Finance
Kedaara makes spectacular returns from another partial exit in mortgage lender
Homegrown private equity firm Kedaara Capital has sold part of its stake in a housing finance company it had backed ......
Finance
Value Lens: Has Brookfield priced the Indostar Capital deal conservatively?
Until last week, Canadian firm Brookfield Asset Management Inc. was known in India mainly for its big bets on real ......
Finance
Amicus Capital set to make second financial services bet
Mid-market private equity firm Amicus Capital Partners is set to invest in a non-bank lender in what would be its ......