Vishwanath Nair
Stories by Vishwanath Nair
India: SBI to sell $264m stake in life insurance arm to KKR, Temasek
State Bank of India (SBI), on Friday said that the executive committee of its central board has approved the divestment of 3.9% stake in SBI Life Insu
Edelweiss looks to invest up to $2b in India’s stressed assets business
Rashesh Shah, chairman and chief executive of Edelweiss Group, talks about the partnership with Canadian pension fund Caisse de depot et placement du
Canada’s CDPQ inks pact with Edelweiss to invest $750m in Indian stressed assets
As per the agreement, the Canadian pension fund will make annual investments of Rs.1,250 crore in stressed assets and specialized corporate credit, to
India: KKR may set up its own asset reconstruction company
Buyout firm KKR & Co.’s Indian arm is considering setting up its own asset reconstruction company as its effort to buy a International Asset Reconst
India: Kotak Mahindra Bank to acquire BSS Microfinance for $21m
This acquisition gives Kotak Mahindra Bank access to BSS Microfinance’s growing customer base, which currently stands at over 217,000, and a network
India: Essar Steel’s lenders are left with just two options
With no buyer in sight, lenders to Essar Steel can now either auction bad loans to ARCs or let banks pick a 30% stake in the firm while promoters reta
