Union Bank of India
Finance
Need 3-4 quarters of sustainable growth before IPO: IndiaFirst Life's CEO Gandhi
IndiaFirst Life Insurance, backed by Warburg Pincus, reported a net profit exceeding Rs 100 crore ($11.5 million) for ......
Finance
Spotlight: Can Warburg-backed insurer IndiaFirst pick up pace after deferring IPO plan?
Bank of Baroda-controlled IndiaFirst Life Insurance Ltd recorded a slowdown in its value of new business (VNB) margin ......
Finance
State-owned banks identify $12 bn NPAs to be transferred to bad bank
Public sector banks have identified a total of 22 large bad loan accounts worth Rs 89,000 crore (approximately $12.2 billion)...
General
Grapevine: Microsoft may invest in Paytm; Union Bank may pare stake in insurance JV
Digital payments firm Paytm is in talks with US technology giant Microsoft to raise $100 million (about Rs 760 crore ......
Finance
VCCircle LP summit: Here's what investors want fund managers to do
General Partners should engage more with their investors and diversify their product offerings if they want a deeper commitment,...
Finance
Equifax to buy out SBI, other partners in India joint venture
State Bank of India and five other lenders are selling their stake in Equifax Credit Information Services Pvt. Ltd, the ......
Finance
We have backed about 20 PE-VC funds, experience has been mixed: Union Bank GM
Union Bank of India expects its PE-VC pool to bump up two times as the limited partner becomes the fifth-largest ......
Economy
Slowing Indian bank lending overshadows economic rebound hopes
Credit growth at Indian banks has dropped to its lowest level in nearly two years, the latest Reserve Bank of ......
Finance
State Bank of India looks to exit financial services company
State Bank of India (SBI), the country's largest lender, has started a process to exit its six-year-old investment in a ......
Finance
Govt unveils big-bang plan to merge state-run banks
The government will merge 10 state-run banks into four as part of a big consolidation drive to clean up the ......
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