Page 1747 - Finance News
Now, PE firms eye diversified microfinance institutions
Digressing from traditional MFIs, PE players look at investing in firms with strong distribution
Chennai Angels lights the path for start-ups
The network isn?t just funding these entities, it?s also helping these scale up
Arun Korati to head IIML Asset Advisors
Korati's initial brief would be to find exits and bring in returns for investments worth about Rs 1,000 crore
India lost Rs 6,600 cr to fraud in FY12: E&Y report
Insiders enable 61% of frauds financial services hit the worst
Eight US banks on too-big-to-fail list
28 institutions have been listed by the Financial Stability Board as 'systemically important' banks
Allahabad Bank Q2 net profit halves
Gross NPA ratio deteriorated 118 basis points y-o-y to 2.95%, while net NPA ratio expanded 141 basis points to 2.1%
Vijaya Bank Q2 net profit drops 39%
The total income for the period went up by 9.6% to Rs 2,301.72 cr as against Rs 2,098.33 cr reported in the same period last year
Money-laundering probe mars HSBC earnings
Bank has set aside $1.5 bn for potential fines and settlements Q3 net profit falls to $2.8 bn against last year's $5.5 bn
Short-term deposit rates may fall on muted loan demand
Banks expecting liquidity tightness to continue despite cash reserve ratio cut
AMC stake sale helps R-Cap post Rs 401-cr net
The company had sold 26% stake to Japanese insurance major Nippon Life. The deal size was Rs 1,450 cr
Subbarao says monetary policy easing possible in Jan
RBI governor says price pressures will soften in 2013 on the back of slower growth
Enzen Global Solutions to raise $50 mn
Second round of fund raising could go up to $80 million PE investor Monsoon Capital might look at part-exit