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Three global funds - Partners Group, CVC Capital and Blackstone Group - are in talks with a bunch of investment banks for financing arrangements to back their recent acquisitions, multiple sources with knowledge of the matter told ET.

The Srei group had forwarded the proposal to RBI for a review a couple of months ago, the executives said. Arena is an institutional asset manager that provides solutions for those seeking capital in special situations

HDFC Bank saw its advances book grow by around 15.4% year on year at the end of the September quarter, proforma numbers released by the private sector lender showed. Its total loans aggregated to Rs 11.98 lakh crore at the end of September, up 4.4% sequentially. It’s total loans were at Rs 10.38 lakh crore at the end of September 2020.

Balanced advantage funds are gaining currency, outdoing plain-vanilla equity mutual funds in popularity.

The discussions are preliminary in nature, but with the management confident of asset quality improving in a post-pandemic economy, this is the right time to kickstart a monetisation exercise, said experts. Some HDFC Group watchers also see this as a precursor to an eventual listing.

The issue of securities could be through private placement, preferential issue, qualified institutions placement (QIP), follow-on public offering ("FPO"), or a combination thereof.

Internet specific companies attracted maximum funds in 2021 with the total sum invested amount touching $16.43 billion from $5.23 billion in 2020, followed by software ($8.22 billion), as well as financial services ($1.66 billion).

WhatsApp usage among financial traders tracked by communications surveillance firm VoxSmart has boomed as banks accept that clients want to use the platform, even if bosses prefer their staff to use official messaging channels, VoxSmart CEO Oliver Blower said.

In another transaction, Nippon India Life Mutual Fund bought 2 million rights entitlements of Bharti Airtel at Rs. 204.95 apiece through a bulk deal on the NSE.

As per block deal data on NSE, Aasia Corporation LLP sold 60,000 shares and Aasia Exports 3 lakh scrips at an average price of Rs 2,850 apiece.