Nov 18, 2016 - Bankers begin to buckle under stress

India needs to have a good oil hedging policy: Raghuram Rajan Raghuram Rajan says with geo-political factors impacting crude prices, India needs to have a good oil hedging policy as the volatility will continue to rise Read More

Opinion: Reserve Bank’s ‘independence’ costs you money RBI has not understood its role as a protector of bank consumers Read More

Bandhan Bank's Rahul Johri, Prasanta Kumar Sahu quit to set up their own microfinance venture The trio is seeking a non-bank finance licence from the Reserve Bank of India for their new initiative. Read More

CDC commits $25 million to Lighthouse’s third PE fund Lighthouse raised its first fund of $100 million in 2009, followed by a second fund of $135 million. The firm has invested in 17 companies since then Read More

Uber CEO and Alphabet invest in urban farming startup Bowery Farming Inc., a two-year-old startup that uses robotics to cultivate crops indoors, is on track for more growth Read More

NCLT Approves Srei Vision Fund’s Acquisition of Kitply Industries The committee of creditors had on October 2018 approved the Rs 175-crore resolution plan submitted by Srei Multiple Asset Investment Trust for the Kolkata-headquartered Kitply Industries. Read More

NinjaCart raises $35 million from Accel, Syngeta Ventures NinjaCart plans to utilize the capital to expand operations to 10 cities and open 200 distribution centres Read More

Foodybuddy raises Rs 6 crore from Prime Venture Partners The company will use the funds to develop the product and expand the team Read More

Cos vanishing act on GST invites taxmen Taxmen are considering putting in place an extensive plan to hunt for missing GST taxpayers. Read More

ICICI Bank reaches out to working women with new savings account It also offers unlimited free transactions on ICICI Bank as well as non-ICICI Bank ATMs in India. Read More

Singapore private banks targeting NRI clients in the Middle East Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide. Read More

Financial and agri sector challenges to impact India’s growth in short and long term: Arvind Subramanian India will have to overcome globalisation backlash with better policies at home, says the former CEA. Read More

Lack of long-term bond market in India strangulating small firms: Henry Kravis The co-founder of global investment company KKR says US-China trade war advantageous for India Read More

Hero Future Energies looks to raise $200 million from PEs for 25% stake The company is eyeing a valuation of $800 million, once the money is raised against 25% equity. Read More

VCs are investing more money in fewer Indian startups Quality over quantity. Read More

We need more capital formation and a broader investible universe: Vikram Limaye, NSE You need to educate the common man about the products available & associated risks, says Limaye Read More

Ninjacart Raises $34.6 Mn In Series B Funding Round To Fuel Expansion Plan The platform will use the funds raised for expanding to new geographies, strengthening its product and technology team. Read More

Government may keep FY19 bank recap target at Rs 65,000 crore: Icra The government is likely to keep its bank recapitalisation target unchanged at Rs 65,000 crore for the current financial year as lenders under RBI's prompt corrective action (PCA) framework will not maintain capital conservation buffers, rating agency Icra said Read More