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Spandana, IndusInd Bank fall out on key exec appointments; microlender faces uncertainty

Finance

23 November, 2021

Spandana, IndusInd Bank fall out on key exec appointments; microlender faces uncertainty

A day after Kedaara Capital-backed microlender Spandana Sphoorty Financial Limited (Spandana) announced the appointment of Shalabh Saxena as the new ......

 French agency Proparco makes a loan for IndusInd Bank's microfinance division

Finance

19 April, 2021

French agency Proparco makes a loan for IndusInd Bank's microfinance division

French development agency Proparco made a $75 million (about Rs 560 crore) loan to mid-sized private-sector lender IndusInd Bank for ......

Grapevine: ReNew mulls dual listing; Adani's MIAL to buy airports

General

26 February, 2021

Grapevine: ReNew mulls dual listing; Adani's MIAL to buy airports

Clean energy company ReNew Power Ventures Ltd is considering a listing in India, its managing director said, just two days ......

Kinara Capital secures debt funding from IndusInd Bank

Finance

22 February, 2021

Kinara Capital secures debt funding from IndusInd Bank

Bengaluru-based fintech lender Kinara Capital has secured $10 million (Rs 74 crore) debt funding from IndusInd Bank with a full ......

Grapevine: Kotak Mahindra Bank eyes IndusInd; Warburg looks to sell CleanMax stake

General

26 October, 2020

Grapevine: Kotak Mahindra Bank eyes IndusInd; Warburg looks to sell CleanMax stake

Private-sector lender Kotak Mahindra Bank is looking to buy smaller rival IndusInd Bank, media reports said. Kotak Mahindra chief Uday Kotak ......

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PE, M&A deals in financial services sector remain in the doldrums

Finance

13 October, 2020

PE, M&A deals in financial services sector remain in the doldrums

The number of private equity deals and mergers and acquisitions (M&As) in the banking, financial services and insurance (BFSI) sector ......

US agency guarantees IndusInd debt funding for housing finance firm Aviom

Finance

05 August, 2020

US agency guarantees IndusInd debt funding for housing finance firm Aviom

The United States International Development Finance Corporation (USIDFC) has guaranteed a $5 million (Rs 37 crore) debt financing for Aviom ......

US hedge fund, SBI MF get nod to raise stake in IndusInd Bank, CSB Bank

Finance

24 July, 2020

US hedge fund, SBI MF get nod to raise stake in IndusInd Bank, CSB Bank

The Reserve Bank of India has allowed two shareholders of IndusInd Bank and CSB Bank to increase their individual stakes ......

Nifty, Sensex record fourth straight weekly gains

Markets

10 July, 2020

Nifty, Sensex record fourth straight weekly gains

Indian shares closed lower on Friday as record daily increases of domestic coronavirus cases threatened to disrupt an economic recovery, ......

Billionaire Hinduja brothers locked in dispute over family fortune

General

24 June, 2020

Billionaire Hinduja brothers locked in dispute over family fortune

The billionaire Hinduja brothers are locked in a legal dispute in the UK over their family fortune, with a July ......