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DMI FINANCE PRIVATE LTD
China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...- Unity SFB leads Aviom India Housing race with Rs 775-cr bidAuthum Investment and Infrastructure, Northern Arc, DMI Housing, Kifs Housing Finance and Omkara Asset Reconstruction Company are among oth...
- Shriram Finance refutes MUFG 20% stake reportsShriram Finance denied reports that MUFG plans to acquire a 20% stake for $2.6 billion, calling them “rumour and speculation,” and said the...
- RBI lifts ban on NBFCs Asirvad Micro Finance and DMI FinanceThe Reserve Bank of India lifted restrictions on Asirvad Micro Finance and DMI Finance. These restrictions had been imposed in October 2024...
- RBI lifts its supervisory restrictions on Sachin Bansal-led Navi Finserv LimitedThe Reserve Bank of India announced the removal of supervisory restrictions on Navi Finserv Limited. This decision follows multiple interac...
- RBI allows home loan disbursals sanctioned before Oct 20: Navi FinservThe Reserve Bank of India has permitted Navi Finserv to resume disbursing scheduled home loans sanctioned prior to October 20. This decisio...
- RBI orders ban on sanction and disbursal of loans from four NBFCsThe Reserve Bank of India has directed Asirvad Micro Finance Limited, Arohan Financial Services Limited, DMI Finance Private Limited, and N...
- ETtech Deals Digest: Startups raise $1.47 billion in August; up 89% on yearThe funds were raised by startups, largely in the early and late stages, across 86 rounds. In July 2024, startups raised around $718 millio...
- ONDC is bulking up financial services play with consumer-facing appsTata Group's super app Tata Neu and credit marketplace Paisabazaar are conducting pilot studies for credit disbursals through the ONDC netw...
- Inflows from private equity, venture capital funds to domestic companies plunge to $27.9 billion in 2023Private equity and venture capital investments in Indian companies declined about 40% to $27.9 billion in 2023, compared to $47.62 billion ...
- MUFG to build India operations amid economic slowdown in ChinaJapan’s largest lender has been building up its operations in India in recent years. In August last year, it opened a branch in the Gujarat...
- Debt collections platform Credgenics secures $50 million in funding from Westbridge, Accel, othersThe company plans to use the money to expand operations outside India and go deeper into the BFSI segment in terms of product offerings.
- Burmans launch, list $150 million SPAC on NYSE with 2 executivesThe company intends to focus on acquiring a business in the consumer industry, though it may also pursue acquisitions in any other business...
- Private equity picks through rubble of India NBFC crisisThe funds have invested about $2 billion this year in the country’s non-bank financing sector.
- Vista Spaces enters into partnership with DMI Alternative InvestmentBoth firms are jointly evaluating six projects to co-invest under the equity partnership. They have already signed memoranda of understandi...
- Smaller para banks get trust vote from global investorsSince the peak of capital crisis, about a dozen such entities raised $835 million.
- Flash Electronics raises Rs 200 cr to expand operationsThe funds will be utilised to upgrade products for transition to BS VI emissions standards, set up production lines and scale up its gears ...
- Burmans pick up strategic stake in Delhi-based DMI Finance Private LtdThe Burman family, promoters of leading consumer goods company Dabur India, has acquired a strategic stake in DMI Finance Private Ltd, a De...
- DMI Finance eyes Rs 1,000-crore real estate fundDMI Finance, a non-banking finance company, is in the process of raising 1,000 crore to invest in the real estate sector.
- DMI Finance acquires 16% stake in Alchemist ARCDMI Finance, an NBFC founded by former Citigroup employees Shivashish Chatterjee and Yuvraj C Singh, has acquired 16% stake in Alchemist As...
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