India
Last year, the RBI asked banks and NBFCs to raise provisions for AIF investments.
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Blackstone’s Singapore affiliate Asia II Topco XIII entered into the deal.
Philippines
The proceeds will be used to expand Asialink’s lending to MSMEs across the Philippines.
Singapore
The funding round was led by Illuminate Financial.
Greater China
HMKA’s fintech chief George Chou explains the institution’s efforts to explore CBDCs.
The US investment manager is no longer actively deploying GP capital in China.
Emirates NBD will also launch an open offer for additional shares from retail shareholders.
RBL will be a listed subsidiary of Emirates NBD.
The proceeds will support IIFL HFL’s expansion in affordable housing.
SMBC will also keep its non-bank lending business separate from its Yes Bank investment.
