Nupur Anand
Stories by Nupur Anand
Analysts welcome Yes Bank’s $1.1b capital raise from Carlyle, Advent, but warn of challenges
Yes Bank will need to keep its bad loans in check and accelerate growth.
India’s new cryptocurrency tax knocks trading volumes by 90%
The 30% digital income tax has already knocked volumes by 60-70%.
HSBC to relaunch India private banking business within a year
HSBC exited the Indian private banking business in 2015 as part of a group strategy.
India lines up banks for e-commerce effort to take on Amazon, Walmart
India's ONDC aims to cover at least 100 cities and towns by August.
India: Paytm payments bank says central bank may lift curbs in 3-5 months
In March, the RBI had barred the bank from taking on new customers.
Global market volatility likely to cast shadow on LIC’s listing debut
The debut performance will also set the mood for forthcoming issues
LIC prices IPO at Rs949 apiece — top end of indicated range
The government expects to raise up to $2.7b.
India’s Canara Bank probes fraud in housing finance unit after whistleblower complaint
Bank may have found frauds in 37 accounts worth Rs 39 million
LIC’s IPO sees over 59m shares reserved for anchor investors
Norway's Norges Bank and the Government of Singapore are among anchor book subscribers.
Indian government said to have fixed price band for LIC IPO
The government is looking to sell a 3.5% stake in the insurance behemoth.
