Edelweiss Financial Services (EFSL) is divesting majority of it’s stake in the Home Finance Business. The subject business is currently under Nido Home Finance Limited (Nido), a wholly-owned subsidiary of EFSL. EFSL is divesting 73% stake of this entity through a mix of primary and secondary to Carlyle group and Aditya Puri Family investment vehicle. … Read more
Many corporate groups are caught in a bind over a Reserve Bank of India (RBI) rule on their holding and strategic investment companies. While promoter families use these entities to own equity stakes and control group companies, they are unlike regular holding companies. The difference lies in their income streams: more than half of their … Read more
Godrej Industries (GL) has incorporated a new subsidiary Godrej Investment Ltd (GIL). The new Company will serve as the umbrella holding company for group’s financial services businesses. The group’s current lending operations, housed under Godrej Capital Ltd., include Godrej Housing Finance Ltd. and Godrej Finance Ltd., a Non-Banking Financial Company (NBFC). Godrej Capital under the … Read more
Moody’s Ratings has affirmed Shriram Finance Ltd’s (SFL) Ba1 long-term corporate family rating (CFR). The outlook has been changed to positive from stable. On December 19, 2025, SFL announced that MUFG Bank, Ltd. would acquire a 20% stake in the company through a preferential allotment of shares for ₹39600 crore (about $4.4 billion). The transaction is … Read more
Subsequent to the MUFG news, CARE has upgraded Shriram’s FD credit rating to AAA Stable. This was widely expected and should help the Company in bringing down it’s cost of borrowings.
After denying rumors in October 2025, Shriram Finance (SFL) has announced the deal with MUFG Bank Ltd., Japan’s largest bank and a part of Mitsubishi UFJ Financial Group (MUFG). MUFG Bank will invest Rs 39,618 crore, equivalent to around USD 4.4 billion, in SFL through a preferential issuance of equity shares. It will get 20% … Read more
Bajaj Finance has said that its voice bots will disburse Rs 5,300 crore of loans in FY26 – its first full year of operations. This channel will be completely taken over by AI agents as part of its 2026-30 long-range strategy which has AI as the backbone of its growth plans that links targets directly … Read more
International Holding Company (IHC), a leading Abu-Dhabi based global investment company is investing Rs 8,850 cr ($1 Bn) into Sammaan. Transaction comprises of 33 cr equity shares at Rs 139/ share (18% discount to previous day’s price) aggregating to Rs 4,587 crore; and 30.7 cr warrants, convertible into equity shares, for Rs 4,263 crore. Above … Read more
Amid intense speculation over Tata Sons‘ perceived non-compliance with the RBI‘s mandate to list, Governor Sanjay Malhotra on Wednesday said an entity can continue to do business till its registration is not cancelled. The central bank had asked a set of entities, including Tata Sons, the holding company of the salt-to-software conglomerate, to list by … Read more