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HDFC, BoB raise $1.5 billion from overseas loan marketHDFC Bank and Bank of Baroda have collectively secured $1.5 billion in overseas loans, bolstering their liquidity amidst stabilizing intere...
Shriram Finance board meet on Friday likely to finalise MUFG dealShriram Finance's board will convene to consider a potential equity stake sale to Japan's MUFG, with reports indicating advanced talks for ...
Emirates NBD gets ready with $ 1.7 billion cheque to buy majority control of RBL BankEmirates NBD Bank is in advanced talks to invest Rs 15,000 cr in RBL Bank, aiming to become its largest shareholder with a 51% stake. The d...
RBI policy and GST boost fuel interest in consumption, financial services stocksConsumption and financial services stocks are in focus due to recent GST boosts and RBI policy changes. Analysts highlight several stocks, ...
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...
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...
Manipal Hospitals borrows Rs 5,300 crore from global banks to fund Sahyadri acquisitionManipal Hospitals is securing ₹5,300 crore from foreign banks. This funding supports its acquisition of Sahyadri Hospitals. Deutsche Bank, ...
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...
MUFG doubles down on DMI Finance investment with $334 million betThe investment was made through its consolidated subsidiary MUFG Bank and brings the total investment by MUFG in DMI Finance to Rs 4712 cro...
Nitin Gadkari, top global CEOs to speak on Day 2As India undergoes its own fintech revolution, two leading banking CEOs, DBS' Piyush Gupta and Mitsubishi UFG Financial Group's Horinori Ka...
Opec backs biggest oil cut since 2008 crisis, awaits RussiaOPEC sources have signalled that preliminary talks with Russia this week in Vienna have been trickier than before.