Improvement in profit, assets indicates possibility of re-rating of PSU bank

As the profitability and asset quality of public sector banks improve, these lenders are seeing return…

HDFC gets $400 million loan from IFC for affordable and green homes

IFC is a member of world bank grouphas given a $400 million loan to India’s largest…

Hinduja Group raises its bid to acquire debt-ridden Reliance Capital to Rs 9,500 crore

Hinduja Grouporiginator of IndusInd Bankattempted to revise upward its bid for the debt-laden takeover on Friday…

Piramal Capital bets big on developer financing loans

Nearly a year after acquiring the troubled housing finance lender DHFL, Piramal Capital & Housing Finance…

Will benefits continue under new owners, ask IDBI pensioners

pensioners Of IDBI Bank wrote to Finance Ministry They are seeking clarification on whether their pension…

The Big 4 are now emerging as a force to be reckoned with in M&A i-Banking as well

And, as demand for M&A has grown, especially in the booming middle market, firms have filled…

Budget likely to do away with PAN for some financial transactions with Aadhaar

The upcoming budget may do away with the requirement of quoting permanent account number (PAN) for…

Insurers settled over 2.25 lakh death claims due to Covid: Irdai report

Over 2.25 lakh death claims due to COVID-19 pandemic to be settled by insurance companies till…

What are SIPs and how to manage them

“Mutual funds done right,” and “systematic investment plan, or SIP,” are some of the terms you…

GetVantage backs cleantech companies with $5 million of non-blended capital in its marketplace

GetVantageIndia’s largest revenue-based funding platform raises $5 million in funding cleantech including businesses bluesmartChargezone, eMotrade, biofuel…