subsidiary

2 min read

• Finance

IIFL board may consider IPO for housing finance company arm in 3-6 months, says MD

7 months ago Nelson Fernandes

Nirmal Jain, Founder, IIFL Group and Managing Director, IIFL Finance IIFL Finance's board is evaluating plans for an initial public...

1 min read

• Finance

Axis Bank looks to bolster Axis Finance’s capital; roping in a strategic partner an option

7 months ago Nelson Fernandes

Axis Bank is evaluating strategies to strengthen the capital base of its wholly-owned subsidiary Axis Finance, considering options that include...

1 min read

• Finance

RBI grants ‘in-principle’ approval to SMBC to set up a wholly-owned subsidiary in India

7 months ago Nelson Fernandes

SMBC is currently carrying on banking business in India in branch mode | Photo Credit: REUTERS/Yuya Shino The Reserve Bank...

1 min read

• Finance

Bank of Baroda to set up wholly-owned subsidiary to undertake standalone primary dealership business

7 months ago Nelson Fernandes

NEW DELHI, 30/04/2025: A general view of Bank of Baroda at Parliament Street in New Delhi on Wednesday. April 30,...

1 min read

• Finance

Aryaman Financial Service’s arm receives RBI registration

8 months ago Nelson Fernandes

Aryaman Financial Services Ltd (AFSL) announced that its fully owned subsidiary Aryaman Finance (India) Ltd has secured a Certificate of...

1 min read

• Finance

SBI to list mutual fund business on stock exchange via IPO

9 months ago Nelson Fernandes

State Bank of India, the nation's largest lender, intends to offload a 6% stake (equivalent to 3.20 crore shares) in...

2 min read

• Finance

Bank of Baroda changes tack on Nainital Bank disinvestment, infuses capital in the subsidiary

10 months ago Nelson Fernandes

Debadatta Chand, MD & CEO, Bank of Baroda | Photo Credit: PTI Bank of Baroda (BoB) has postponed its plan...

2 min read

• Startups & Fundings

TBO Tek to acquire US-based Classic Vacations for $125 Mn

12 months ago Nelson Fernandes

Travel distribution platform TBO Tek Limited has announced that its step-down subsidiary TBO LLC will acquire Classic Vacations LLC, a...

3 min read

• Marketing & Advertising

Garuda Aerospace and Naini Aerospace, a subsidiary of HAL partners to scale manufacturing of Make in India Drones

3 years ago Nelson Fernandes

22 May 2023; Chennai India: In a massive step towards boosting the manufacturing of indigenous drones in India, Garuda Aerospace...

2 min read

• Banking & NBFCs

Protean’s wholly owned subsidiary receives RBI’s license to operate as Account Aggregator

4 years ago Nelson Fernandes

New Delhi, January 16, 2023: Protean eGov Technologies Limited (formerly NSDL e-Governance Infrastructure Limited), a pioneer and leader in universal,...