Latest Updates Around The World
Loan disbursements rose 23 percent quarter-on-quarter to ₹1,594 crore, the highest in the last five quarters The focus on strengthening portfolio quality and pursuing calibrated growth in a dynamic operating environment has helped microfinance company Fusion Finance return to profitability. The Warburg Pincus-backed company also improved margins and collection efficiency in the December quarter. Asset […]
The board of IDFC First Bank On Friday, the preferential allocation of more than 81.26 crore convertible cumulative preference shares (CCPs) approved RS 4,876 Crore, based on private placement to the investments of the Bessen Burg pincus. The decision was made in a meeting that is being held today. In principle, the bank had received […]
Stretch with computer servers in a data center. Getty Princeton Digital Group (PDG)-A data center operator, established in Singapore, supported by the American private equity company Warburg Pincus-Handen submitted on Thursday to sell $ 1.3 billion of its shares to the Infrastructure-based investment company Stonepeak. The new capital injection – which brings up to $ […]
