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Five small finance banks line up Rs.4,000 cr initial public offerings

New Delhi, Sept. 22 -- At least five small finance banks (SFB) are preparing for initial public offerings (IPOs) totalling more than Rs.4,000 crore as a Reserve Bank of India (RBI) deadline for public... Read More


Bhattacharya working on an insurance play in life after SBI

Mumbai, Sept. 20 -- Former State Bank of India (SBI) chairman Arundhati Bhattacharya is looking to start a general insurance business, along with Sunil Mehta, former country head and chief executive o... Read More


Japan's Nippon Express to buy 22% stake in Future Supply Chain

Mumbai, Sept. 20 -- Kishore Biyani's Future Supply Chain Solutions Ltd (FSC), which provides supply chain and logistics services to businesses, on Friday said it will sell 22% stake in the firm to Nip... Read More


PEs defer exit plans in a volatile market

New Delhi, Sept. 19 -- Private equity (PE) firms that hoped to exit their investments through initial share sales are forced to defer their plans as volatility continues to rock India's stock markets.... Read More


RBL Bank-backed Utkarsh Small Finance Bank planning Rs.500-crore IPO

Mumbai, Sept. 18 -- RBL Bank-backed Utkarsh Small Finance Bank (USFB), which mainly gives micro-finance loans in Bihar and Uttar Pradesh, has begun work on its initial public offering (IPO), three peo... Read More


Sidbi, Quilvest invest in JM Financial arm's Rs.600-cr India fund

New Delhi, Sept. 18 -- JM Financial Private Equity has closed its second India-focused fund with commitments of more than Rs.600 crore from Quilvest Group and Small Industries Development Bank of Indi... Read More


Former SBI chief Bhattacharya looks to start an insurance biz

Mumbai, Sept. 17 -- Former State Bank of India (SBI) chairman Arundhati Bhattacharya is looking to start a general insurance business, along with Sunil Mehta, former country head and chief executive o... Read More


Arundhati Bhattacharya working on an insurance play in life after SBI

Mumbai, Sept. 16 -- Former State Bank of India (SBI) chairman Arundhati Bhattacharya is looking to start a general insurance business, along with Sunil Mehta, former country head and chief executive o... Read More