BANKING & FINANCE
ASK Investment Managers To Acquire SageOne Investment Managers
ASK Investment Managers (ASK IM) has entered into definitive agreements to acquire SageOne Investment Managers, an asset manager operating across portfolio management services (PMS) and alternative investment funds (AIF), strengthening its equity investment capabilities. SageOne Founder and Chief Investment Officer Samit Vartak will reinvest in ASK and continue as Chief Investment Officer (Equities) of the […]
CW Bureau
·
Oct 5, 2026
BANKING & FINANCE
Poonawalla Fincorp Raises ₹2,500 Cr, Attracts Strong Institutional Interest
Poonawalla Fincorp Ltd (PFL) has announced the successful completion of its qualified institutions placement (QIP), raising ₹2,500 crore. The issue saw strong participation from institutional investors and long-term funds, reflecting continued confidence in the company’s strategy and growth outlook. Issue details and pricing The company issued 67,430,883 equity shares of face value ₹2 each to […]
CW Bureau
·
Apr 14, 2026
BANKING & FINANCE
SBI Raises ₹6,051-Cr Via Tier-2 Bonds at 7.05% Coupon Rate
State Bank of India (SBI) has raised ₹6,051 crore through its second Basel III-compliant Tier 2 bond issuance in the current financial year, at a coupon rate of 7.05%. The bonds carry a tenor of 10 years, with a call option after five years and on every anniversary thereafter. The issue has been rated AAA […]
CW Bureau
·
Mar 18, 2026
