The bank will now get a stickier loan book and can become an aggressive lender in the mortgage loans space. The deal will ring alarm bells for other banks, who need to build scale and strength in the form of data, distribution muscle and cost of capital
The Mumbai-based investment firm has created a new model for funding and nurturing early-stage startups. The $3 million it has put into 70 companies so far has snowballed into $43 million of follow-on funding from marque angels, family offices and big name VCs
The Monetary Policy Committee has been incrementally supporting growth by holding interest rates at historically low levels. But is it risking future growth by accommodating high inflation for so long?
Once a mom-and-pop store, EaseMyTrip is now India's second-largest online travel agency with a market cap in excess of Rs 7,500 crore
Rising interest rates around the world have yet to ensnare Indian bonds
A roller coaster ride is part and parcel of investing in the markets, highlighted especially since March 2020 when they have plummeted and reached all-time highs, only to tumble again thanks to Russia-Ukraine. Here are some ground rules you can follow
From 'outrageous' to 'ridiculous', Zomato's plan to deliver in 10 minutes has evoked extremely caustic reaction from food lovers, eaters and makers. Is there a method in the madness or is Zomato biting off more than it can chew?
Beset by middling performances and off-field woes, RR has remained the perennial underdogs. Now, with both its administration and team in order, it has set its eyes on the title
Rising fuel prices and inflationary pressures have led economists and analysts to lower growth and earning forecasts. However, they are bullish there will be pockets of growth and long-term fundamentals will remain intact, providing a cushion to long-term investors
Younger philanthropists, with tech entrepreneurs in the lead, are making thoughtful social investments, says the India Philanthropy Report 2022. While the country's super-rich need to push the envelope of giving, we also need to build an ecosystem that incentivises philanthropy
India's largest carmaker has recently announced a staggering spend of Rs10,000 crore toward its electric car strategy, with plans to launch electric vehicles in three years, all of which implies an inevitable shake-up in the country's EV ecosystem