Gopika Gopakumar
Stories by Gopika Gopakumar
India: RBI tightens rules for NBFCs funding IPOs
There will be a ceiling of ₹1 crore per borrower for financing subscription to IPO.
Indian mortgage lender PNB Housing Finance scraps $533m stake sale to Carlyle
The investment was crucial for PNB to boost lending.
Indian housing finance firm UHFL raises $37m from PE funds
Norwest Venture Partners and Morgan Stanley Private Equity Asia invested.
IFC lends $250m to HDFC to promote green affordable housing
IFC will support HDFC's move to grow its green affordable housing portfolio.
India: Ujjivan SFB initiates steps to merge with holding company
The decision comes after RBI allowed SFBs to apply for amalgamation on completion of five years in business.
HSBC veteran Hitendra Dave to be new India CEO
Incumbent Surendra Rosha will be moving to Hong Kong as the co-CEO of HSBC Asia-Pacific.
India’s PNB Housing Finance gets approval to raise $548m from Carlyle, others
Existing shareholders including Alpha Investments Fund and General Atlantic Singapore are too investing.
Yes Bank joins list of suitors bidding for Citibank’s Indian retail assets
Citibank India has 35 branches, 1.2 million bank accounts, and 2.2 million credit card accounts.
Ares SSG in talks to buy more stressed real estate assets in India
Ares SSG has previously backed Emaar MGF, Lotus Greens, Lodha Developers, and PNB Housing.
Ares SSG Capital completes acquisition of Indian financier Altico Capital
Ares SSG has acquired all outstanding loans and investments from Altico for $380 million.
