Shadow bank risks persist despite RBI relief

Towards the end of February, the Reserve Bank of India (RBI) restored the risk weighting on banks loans to non-banking financial companies (NBFCs; including to microfinance institutions, or MFIs)......

Sale of Reliance Capital's assets gets resounding response

Blackstone, KKR, and Bain Capital, among others, are in the race for its general insurance arm, and Bandhan Bank, Bain, and Dabur Investments have shown interest for RCap’s 51 per cent stake......

MF licence aspirant list swells with new wave of AMCs ready to roll

India’s thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset......

SBI Caps, JM Financial to sell Reliance Capital assets

The key assets put on the block include its entire stake in Reliance General Insurance Company, the third-largest private sector insurer, and a 49 per cent stake in Reliance Nippon Life Insurance,......

Torrent Group acquires 67% stake in Gujarat Titans

IMAGE: The acquisition marks Torrent Group's foray into India's rapidly growing sports sector. Photograph: Kind Courtesy Gujarat Titans/X Ahmedabad-based Torrent Group has completed the......