Gopika Gopakumar
Stories by Gopika Gopakumar
Merging Shriram Transport into IDFC Bank not possible regulatory-wise: Rajiv Lall
IDFC Bank Ltd chief Rajiv Lall explains the rationale behind the deal.
India: IDFC-Shriram merger deal complex, may be painful, say analysts
Pressure points include regulatory hurdles and a potential asset-liability mismatch.
India: Everstone-backed IndoStar Capital close to acquiring ICICI Home Finance for $308m
Deal values the housing finance unit at $462.5 million.
India: Catholic Syrian Bank-Fairfax deal collapses on valuation
CSB has informed RBI and is in the process of appointing a banker to find investors.
India: Bankruptcy proceedings initiated against Amtek Auto, Electrosteel, Jyoti Structures
Proceedings were earlier initiated against Essar Steel and Monnet Ispat and Energy.
India: RBI asks Catholic Syrian Bank to iron out valuation issues with Fairfax
Aion and Everstone are also reportedly interested in the pvt sector lender.
India: Kotak Mahindra Bank’s Phoenix ARC plans to buy large-sized bad debt
It has so far bought bad loans from small and medium enterprises
India: HDFC may sell realty, digital units to Quikr for 5% stake
The size of the deal is likely to be Rs350-400 crore.
