Malvika Joshi
Stories by Malvika Joshi
India: Piramal Finance sets up housing finance arm
The company is set up under Piramal Finance with an initial capital of $152m.
India: RBI to regulate peer-to-peer lending firms
All P2P loan platforms will be treated as NBFCs and will be brought under the ambit of RBI.
India: Micro lender Bharat Financial Inclusion close to finalizing a buyer
The micro lender, formerly SKS Microfinance, is in talks with two potential buyers, IndusInd Bank and RBL Bank.
DBS Bank gets nod to operate as wholly owned subsidiary in India
This makes DBS the second foreign bank to operate through the WOS model in India after State Bank of Mauritius.
India: Aditya Birla Capital may raise a distressed assets fund
The financial services firm is awaiting a licence from the Reserve Bank of India (RBI) to start its ARC business.
Indian Bank plans follow-on offer by year end, kicks off roadshow in HK
The bank plans to raise around Rs1,400 crore to strengthen its capital base and reduce government shareholding.
AIIB open to investing in viable Indian infrastructure stressed assets
India will also the largest borrower for AIIB, a top official of Beijing-based multilateral bank said.
India: NCLT admits Anil Ambani-led RCom’s petition for Aircel merger
The tribunal has also admitted RCom’s petition for a 51% stake sale in its telecom tower arm to Canada-based Brookfield Infrastructure
