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India corporate bond issuance on track to hit record highs this fiscal year

Finance

08 August, 2023

India corporate bond issuance on track to hit record highs this fiscal year

Indian corporates could raise record funds through bond issuances this year as they take advantage of attractive interest rates, four ......

Chubb gains edge over Zurich in race for 49% of Kotak General Insurance

Finance

25 July, 2023

Chubb gains edge over Zurich in race for 49% of Kotak General Insurance

U.S. insurer Chubb is in talks to acquire a 49% stake in India's Kotak General Insurance and has become a ......

Asia's private credit markets thrive as desperate borrowers find lenders

Finance

21 July, 2023

Asia's private credit markets thrive as desperate borrowers find lenders

When global commercial real estate services firm JLL found public debt and loan markets were averse to funding a property ......

Private credit funds boom in Asia as startups stare at down rounds

Finance

30 June, 2023

Private credit funds boom in Asia as startups stare at down rounds

From India to Singapore, Asia is seeing a boom in private credit funds looking to tap into demand mainly from ......

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How was CPPIB's second partial exit from Kotak Mahindra Bank?

Finance

09 June, 2023

How was CPPIB's second partial exit from Kotak Mahindra Bank?

Canada Pension Plan Investment Board (CPPIB) has sold part of its stake in Kotak Mahindra Bank for the second time, as ......

RBI may cut repo rate by end of fiscal: Kotak Mahindra

Economy

26 May, 2023

RBI may cut repo rate by end of fiscal: Kotak Mahindra

The Reserve Bank of India (RBI) may cut interest rates only towards the end of the financial year despite a ......

RBI evaluates Fairfax-backed bank, other potential bidders for IDBI Bank

Finance

13 April, 2023

RBI evaluates Fairfax-backed bank, other potential bidders for IDBI Bank

The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in picking up a majority ......

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Banks race to save startups after Silicon Valley Bank collapse

TMT

13 March, 2023

Banks race to save startups after Silicon Valley Bank collapse

At least three Indian banks—Axis Bank, Kotak Mahindra Bank, and ICICI Bank—along with the Indian unit of HSBC, assembled crack ......

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Kotak wraps up investments from $1 bn special situations fund with new deal

Healthcare

22 February, 2023

Kotak wraps up investments from $1 bn special situations fund with new deal

Kotak Special Situations Fund (KSSF), part of Kotak Mahindra Group’s alternative asset management arm, has completed the deployment of its ......

ICICI Bank, others back spacetech startup SatSure

Finance

06 February, 2023

ICICI Bank, others back spacetech startup SatSure

Bengaluru-based spacetech startup SatSure Analytics Pvt Ltd on Monday said it has raised an undisclosed sum from ICICI Bank, Kotak ......