Aparna Iyer
Stories by Aparna Iyer
India: For IPO success, Paytm needs more than a rub-off from Zomato’s exuberance
Unlike Zomato, Paytm cannot call itself a leader in the digital payments space.
Citibank’s India exit is an opportunity for smaller banks to buy its lucrative retail portfolio
Citibank’s credit card is a profitable portfolio for even large players such as SBI Cards, ICICI Bank, or Axis Bank.
COVID-19 puts India’s microlenders on the ventilator
On average, lenders keep cash to suffice for 2.5 months and depend on constant collections to match their cash flow needs.
Reserve Bank of India loses key voice of dissent with Viral Acharya’s exit
With Acharya resigning before the end of his term, concerns about the independence of the RBI have resurfaced.
Paytm faces Red Queen test to make its valuation stick
According to a Mint report, $10 billion is the value being pinned onto the e-payments company that now houses a payments bank and also has its finge
Bharat Financial Inclusion gets its pound of flesh in merger with IndusInd
The deal is essentially a short cut exposure to a banking licence for BFIL.
Temasek, CPPIB in fray to pick up Indian banks’ stakes in IL&FS
The stakes in the infrastructure financing firm could be worth at least Rs.1,500 crore in total. Among the nine shareholders in IL&FS, SBI holds a 6.4
India: RBI puts bank licences on tap, excludes big groups
RBI in its final guidelines allows NBFCs, qualified individuals and some private firms to apply for a bank licence as and when they choose to
India: HDFC raises $450m with debut offshore masala bond issue
The success of HDFC’s issue could embolden others who have also been keen to raise funds via masala bonds. Power Finance Corp., NTPC, National Highw
India: IDFC Bank buys microfinance firm Grama Vidiyal
Grama Vidiyal has a customer base of 1.2 million customers with an asset base of Rs1,500 crore, IDFC Bank CEO Rajiv Lall said
