(Friday, 03 February 2012 16:28)
Companies like IDFC, Sidbi, Nabard and National Housing Bank (NHB) tapped the private placement market to raise short to medium term bonds.
(Thursday, 02 February 2012 23:14)
RBI may consider paring the 40% priority sector target for commercial banks. However, banks may have to lend more to the micro, SMEs and weaker sections.
(Thursday, 02 February 2012 13:23)
Country's largest lender State Bank of India (SBI) today said it has an exposure of Rs 4,500 crore in the telecom companies whose licences have been cancelled by the Supreme Court in connection with 2 G scam.
(Thursday, 02 February 2012 00:08)
Govt approved a scheme to provide full interest subsidy during the period of moratorium on loans taken by students whose parents' income does not exceed Rs 4.5 lac.
(Wednesday, 01 February 2012 14:12)
Ujjivan Financial Services raised Rs 127.9 crore in its fifth round of equity financing, the Bangalore-based microfinance company announced on Wednesday.
(Tuesday, 31 January 2012 21:10)
ChrysCapital, one of India's largest private equity firms, is in advanced talks to raise about $500 million from a slew of overseas investors.
(Tuesday, 31 January 2012 20:30)
Sidbi will use a 100-crore dedicated fund, created by the government, for investing in smaller MFIs to help them grow in a regulated environment.
(Tuesday, 31 January 2012 19:14)
Carlyle plans to sell about 20 million shares of HDFC in blocks deals on Wednesday in a price band of 676.90 to 697.85 rupees, said the sources.
(Monday, 30 January 2012 22:41)
"The government may have to infuse 1,000 crore in the two non-life insurance companies to protect the solvency margin requirements," said source.
(Monday, 30 January 2012 19:51)
International mutual fund giant Fidelity is considering the sale of its India business, hurt by mounting losses and years of underperformance.
(Sunday, 29 January 2012 19:44)
BlackRock, will join hands with Hemendra Kothari's DSP Group to set up a private equity fund to do 'classic PE deals' targetted at mid-sized companies.
(Tuesday, 24 January 2012 09:14)
Banks may reduce lending rates for select sectors including those that are seeing higher demand for credit, Pratip Chaudhuri said.
(Monday, 23 January 2012 10:49)
Ujiivan Financial Services has raised Rs 29 cr by placing non convertible debentures or NCDs to Developing World Markets, a US-based investment agency dedicated to sustainable and social development.
(Monday, 23 January 2012 06:45)
Red Fort Capital has raised $500 mn for its real estate private equity fund, aimed at tapping increasing demand for housing and commercial spaces said.
(Sunday, 22 January 2012 19:22)
MF, Birla, ICICI & Canara Robeca, etc., have been allocated $200-300 mn each; almost 90% of the corpus will be invested in equities.