Agri-tech company Fasal on Thursday announced its partnership with State Bank of India (SBI), aimed to provide farmers with easy access to capital. The partnership […]
Category: Enterprise
RBI begins evaluating potential bidders for IDBI Bank
The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in picking up a majority stake in state-owned IDBI Bank […]
Apax, CVC Capital, TH Lee bid for Blackstone’s 32% stake in IBS Software
Private equity groups Apax Partners, CVC Capital, and Thomas H. Lee Partners (TH Lee) are vying to acquire a minority stake in IBS Software, a […]
Karnataka Bank authorised to collect direct, indirect taxes
Private sector lender Karnataka Bank has been authorised to collect direct and indirect taxes on behalf of the Central Board of Direct Taxes (CBDT) and […]
Canara Bank, Bharat BillPay tie up for cross border bill payments for Indian diaspora in Oman
Canara Bank and NPCI Bharat BillPay Ltd (NBBL) have announced the launch of cross-border inward bill payment services for Indians based in Oman. NRIs can […]
UBS weighs retaining Credit Suisse unit serving India’s rich
UBS Group AG is considering retaining Credit Suisse Group AG’s private banking unit in India after the emergency rescue of its smaller rival last month, […]
Sunrisers Hyderabad and Bachpan Play School team up for IPL season
Sunrisers Hyderabad (SRH), best known for its terrific bowling squad since winning the maiden title in 2016, has recently announced Bachpan Play School as its […]
JICA, Citi to provide USD 125 mn to Indusind Bank for onlending to agri sector
Japanese lender JICA has teamed up with Citibank to provide a USD 125 million funding line to domestic private sector lender Indusind Bank. Indusind will […]
Softbank-backed OfBusiness to buy Koeleman India
Softbank and Tiger Global-backed OfBusiness has agreed to buy 100% of Koeleman India Pvt. Ltd., marking its entry into the food processing sector, according to […]
Retail loan securitisation rises 56% to Rs 1.76 lakh cr in FY23
Retail loan securitisations jumped a robust 56 per cent to Rs 1.76 lakh crore in the just concluded fiscal 2023, while that of wholesale rose […]