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Financial Services

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European Investment Bank to open regional office in Delhi by year-end

New Delhi: The European Investment Bank (EIB), world's largest multilateral public bank, plans to open a regional office for South Asia in New Delhi by the end of 2016, which w...

April 05, 2016

Kotak Realty Fund raises US$ 250 million equity fund

Mumbai: Real estate private equity fund of the Kotak group, Kotak Realty Fund, has raised US$ 250 million from institutional investors for equity investments in realty projects acr...

March 09, 2016

Thomas Cook India partners with Western Union to assist SMEs with trade payments

New Delhi: Thomas Cook India, an integrated travel and travel related financial services company, has entered into a partnership with Western Union Business Solutions, with a view ...

March 08, 2016

RBI plans guidelines for peer-to-peer lending

Mumbai: The Reserve Bank of India (RBI) is preparing guidelines for the peer-to-peer lending arrangements offered by online platforms, which connect individual borrowers and lender...

December 22, 2015

KKR eyes Rs 2,000 crore via second India fund; to target ultra HNIs, financial institutions

Mumbai: Global private equity (PE) firm, KKR, plans to launch its second alternative investment fund in India of size Rs 2,000 crore (US$ 299 million) to cater to strong demand fro...

December 14, 2015

Investors could soon get to trade in commodity, weather-based indices

Mumbai: The Securities and Exchange Board of India plans to introduce index-based trading in commodities market and weather-based indices, similar to the equities market, to a...

October 26, 2015

Alibaba invests US$ 680 million in Indian firm Paytm

New Delhi: Chinese e-commerce giant Alibaba Group Holding has invested US$ 680 million in the Indian online payment and e-commerce firm Paytm, thus becoming the biggest shareholder...

September 29, 2015

Swiss Bank group Julius Baer launches bank in India

Mumbai: Julius Baer, the Swiss private bank, has launched its first bank in India, three years after acquisition of DSP Merrill Lynch's domestic wealth management business.

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September 22, 2015
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