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DMI INCOME FUND
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...- Japan's MUFG set sights on 20% stake in Shriram Finance for $2.6 billionMitsubishi UFJ Financial Group (MUFG) is in advanced talks to acquire a 20% stake in Shriram Finance for ₹23,200 crore ($2.6 billion), pote...
- Canva’s bullish on India; Ola’s revenue fallsIndia may emerge as Canva’s largest market within three to five years, cofounder and chief product officer Cameron Adams told ET. This and ...
- Ujjivan, Arohan, Asirvad lower lending rate from JanuaryMicrofinance lenders like Ujjivan Small Finance Bank, Arohan Financial Services, and Asirvad Micro Finance have reduced their lending rates...
- Digital lending sector sees slowdown in growth, higher bad loans as regulator increases scrutinyFintech lenders in India anticipate rising bad loans as regulatory scrutiny tightens on unsecured lending. The RBI has unofficially urged t...
- RBI bans four finance companies from sanctioning and disbursing new loansThe Reserve Bank of India has banned four finance companies, including Navi Finserv and DMI Finance, from issuing new loans due to excessiv...
- Is ONDC’s gamble paying off?The ambitious project has gained visible traction through the past year. But what are the challenges that must be addressed before it truly...
- Hero FinCorp leads race to buy Aadhar Housing from Wadhwan group for Rs 2700 croreThe transaction is also expected to ease the liquidity pressure on Dewan Housing Finance (DHFL), a listed Wadhawan Group company facing fun...
- Online consumer lending startups take on banks & NBFCs, but how safe is this business model?Investors feel that the vacuum left by traditional banks in terms of not meeting the financial needs of consumers satisfactorily has led to...
- Singapore-based DMI Income Fund invests $7.8 million in NCDs issued by Ansal APIThe fund expects to invest between $200 million and $250 million in Indian corporate credit over the next twelve to eighteen months.
- DMI Finance raises Rs 100 crore through NCDsThe entire issue of Rs 100 crore was subscribed by the FIIs and the NCDs have been listed on the BSE, the company said in a statement.
- 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 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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