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Finance
Sumitomo Mitsui Banking to buy 20% stake in YES Bank from SBI, others
Japanese financial services giant Sumitomo Mitsui Banking Corporation (SMBC) has agreed to buy a 20% stake in YES Bank in ......
People
Former HDFC Bank, Axis Bank exec joins Equirus Group as vice chairman
Equirus Group has appointed Ganesh Sankaran, a seasoned banking professional, as vice chairman and whole-time director. In his new role, Sankaran ......
People
Former Federal Bank CEO Srinivasan joins TVS Capital as senior advisor
TVS Capital Funds has appointed Shyam Srinivasan, the former chief executive officer and managing director of Federal Bank, as a ......
Finance
How did Amicus Capital's bet value investment bank Equirus?
Bengaluru-based private equity firm Amicus Capital, which marked the first close of its second fund in January, has joined the ......
People
Former Kotak Bank exec KVS Manian joins Federal Bank as MD, CEO
Former Kotak Mahindra Bank executive KVS Manian has taken over as the managing director and chief executive officer of Ernakulam-based ......
Finance
TPG-backed Tata Tech soars 140% on debut; True North-backed FedFina disappoints
Tata Technologies Ltd, the first Tata Group company to go public in nearly two decades, made a spectacular stock market ......
Finance
True North tweaks exit plan from BFSI portfolio firm
True North, one of India’s oldest private equity firms that recently beat benchmark returns in a partial exit from a financial services portfolio company, ......
Finance
IFC lifting exposure to Indian bank to nearly $250 mn in one of its largest equity bets
International Finance Corporation (IFC), the World Bank Group’s private-sector investment arm, is increasing its exposure to an Indian bank to ......
Economy
U.S. stocks bounce, investors digest news of 2022 rate hikes
U.S. stocks bounced and Treasury yields retreated in choppy trade as investors absorbed remarks from the Federal Reserve that interest ......
TMT
True North to sell analytics company Actify Data Labs to global survey platform Voxco
True North, one of India’s oldest private equity (PE) firms, has signed a definitive agreement to sell its entire stake ......
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