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Banking/Financial Services

Bajaj Group To Raise R1750Cr For Expansion

Bajaj Group is planning to raise R1750Cr for Bajaj Finserv Limited and Bajaj Finance Limited.

By Sushil Surana | 17 May 2012

Banking/Financial Services

Ex-CMD Of ONGC R.S Sharma Joins Avendus As Director

Former CMD of ONGC, R S Sharma has joined Avendus Capital as the Director.

By Charmi Gutka | 16 May 2012

Banking/Financial Services

Warburg Pincus To Acquire Majority Stake In Future Capital

Warburg Pincus is planning to acquire majority stake in Future Group's NBFC - Future Capital Holdings Limited. It has appointed AZB & Partners to do second round of due diligence of Future Capital.

By Charmi Gutka | 11 May 2012

Banking/Financial Services

HCL May Acquire 51% In DLF Pramerica

HCL Group is planning to acquire 51% stake in DLF Pramerica Life Insurance, which will allow HCL to foray into the Indian insurance market.

By Charmi Gutka | 8 May 2012

Banking/Financial Services

Aegon To Exit AEGON Religare Life Insurance Co

Aegon is planning to exit it life insurance JV in India - AEGON Religare Life Insurance Company Ltd.

By Vivek Singh | 8 May 2012

Banking/Financial Services

IFC To Invest R100Cr In Equitas Holdings

IFC is planning to invest R100Cr in Equitas Holdings Private Limited, the holding company Equitas Microfinance.

By Vivek Singh | 7 May 2012

Banking/Financial Services

IFC May Invest R50Cr In Ujjivan Financial

IFC is planning to invest R50Cr in Ujjivan Financial Services Limited for minority stake.

By Charmi Gutka | 7 May 2012

Banking/Financial Services

IFC May Invest $12Mn In MAS Financial Services

IFC may invest upto $12Mn in Ahmedabad based NBFC - MAS Financial Services Limited. The company may also raise another R50Cr of Tier II capital over the medium term.

By Irfan Khan | 2 May 2012

Banking/Financial Services

Sundaram BNP Paribas To Raise R2700Cr

Sundaram BNP Paribas Home Finance is planning to raise R2700Cr, which would help the company in closing the year with R5000Cr AUM.

By Irfan Khan | 27 April 2012

Banking/Financial Services

SIDBI Raises R670Cr For India Opportunity Fund

SIDBI Venture Capital Fund has received commitment for R670Cr funding from financial institutions as part of its fund raising for the India Opportunity Fund, meant for SMEs.

By Irfan Khan | 26 April 2012
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