Shayan Ghosh
Stories by Shayan Ghosh
Indian private sector lender Yes Bank says it has $3b worth of offers on table
The capital raising committee is likely to meet next week.
Canara Bank draws interest from 12 investors for its stake in Can Fin Homes
The bank expects to get ₹1,000 crore for its 30% stake in the housing finance arm.
India: RBI turns down Equitas’ request to extend listing deadline for small finance bank
RBI told Equitas that 'its request for extension of timeline for listing of share of ESFB cannot be acceded to'.
IDBI Bank plans to sell insurance JV stake, hires JP Morgan to manage process
While IDBI Bank owns 48% of the insurance company, Federal Bank and Ageas Insurance International NV own 26% each.
Jet Airways fails to garner major EoIs after extending deadline
Jet Airways suspended operations in April due to acute fund crunch.
Four potential bidders evince interest in troubled Jet Airways
The lenders decided that they would extend the deadline for bids if the airline failed to attract suitors by Saturday.
LIC-owned IDBI Bank to sell stake in 19 unlisted companies for $25.3m
The bank is looking for bidders for more than 170 million shares in companies.
India’s Shriram Transport eyes raising up to $146m through NCDs
Shriram Transport said that tranche 1 will open for subscription on 17 July.
Mahindra Finance plans to tap overseas markets to raise $460m
The company had raised $200 million in FY19 through the external ECB route.
IFC to invest $35m in Indian NBFC Manappuram Finance
This is IFC’s first investment in a gold-loan non-banking financial company (NBFC) in India.
