Mumbai: Closely held GMR Sports Venture, which partly owns Delhi Capitals cricket team, raised ₹1,000 crore three-year unlisted, unrated, secured bonds at 16% last week from JM Financial fund and Elham Credit Partners, a private credit fund owned by Hillhouse Investment, said people with knowledge of the matter. JSW GMR Cricket, a 50:50 JV between … Read more
K Satyanarayana Raju, MD & CEO, Canara Bank, says they have grown CASA at 5.05%, but in the current quarter whatever growth they targeted for deposits, the same growth they want reflected in the CASA also, so that CASA growth year-on-year at least will touch 8% while deposits will grow at 8-8.5%. Raju further said, … Read more
Kolkata: IIFL Finance’s microfinance subsidiary IIFL Samasta Finance is all set to hit the market with to raise Rs 1000 crore in its maiden public bond issue at 9.6-10.5% interest rate.One of the leading NBFC-MFI with Rs 12200 crore of assets under management, IIFL Samasta plans to use the proceeds to fund its growth and … Read more