India
The government confirmed it has received bids for the bank, without disclosing details.
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Kotak Mahindra Bank denies it has submitted bid for IDBI Bank
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Japanese brewer Kirin to sell Four Roses to Gallo for $775m
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China steps up crypto crackdown, bans offshore issuance of yuan-pegged stablecoins
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Editor’s Take: The Week That Was—Feb 2-7
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Ant International deepens push into SE Asia’s payment infrastructure stack
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TPG’s debut mid-cap PE fund for Asia garners $742m so far
KKR charts fresh path in secondaries with Arctos buy, diverging from EQT
Ares secures $600m for its Asia funds in Dec quarter
Singapore
The region’s competitive digital payment market is now defined by infrastructure depth.
The Indian government and LIC plan to sell 60.7% of the lender.
Philippines
The facility will expand lending with a focus on women-led businesses and rural enterprises.
World
Asia Pacific Infrastructure Investors III has now secured $3.5b in total commitments.
The deal will make Blackstone the largest shareholder in the bank.
Panellists discuss how fintech growth in the region is being recalibrated.
Vietnam
The fund has an initial target size of approximately $90 million.
The proceeds will be utilised to expand the company’s portfolio towards affordable housing.
Vivriti Fixed Income Fund Series 3 IFSC has a term of 10 years.