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True North to pump more money into financial services firm

Finance

31 March, 2020

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 ......

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Why NBFCs face bigger headache than banks from coronavirus

Finance

25 March, 2020

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 ......

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NBFCs must adapt, make loans to sell and not hold: U Gro's Shachindra Nath

Finance

20 March, 2020

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 ......

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Avanse Financial CEO on growth plan under new majority owner Warburg Pincus

Finance

09 March, 2020

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 ......

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Blackstone's India bad loan arm plans to expand leadership team

People

03 March, 2020

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 ......

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Affordable housing financier Sitara brings American investor on board

Finance

28 February, 2020

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 ......

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Lack of credit flow hurting economy, NPA issue overstated: Srei's Hemant Kanoria

Finance

10 February, 2020

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 ......

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Kedaara makes spectacular returns from another partial exit in mortgage lender

Finance

07 February, 2020

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 ......

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Value Lens: Has Brookfield priced the Indostar Capital deal conservatively?

Finance

06 February, 2020

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 ......

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Amicus Capital set to make second financial services bet

Finance

04 February, 2020

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 ......