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Bajaj Allianz General Insurance (BAGIC) and Bajan Allianz Life Insurance (BALIC) will be the big listings on the stock exchange as based on the agreed consideration for a 26% stake; BAGIC is valued at approximately ₹53,000 crore, and BALIC at around ₹40,000 crore.

The regulator has directed Ghai, and his wife Jaya to disgorge over 6 crore of illegal gains and also imposed a fine of ₹50 lakh each on them.It has also imposed a penalty of 30 lakh on MAS Consultancy Service and ₹5 lakh on Motilal Oswal Financial Services.

The regulator said investors using the DigiLocker facility will now be able to get their mutual fund statements, demat account holdings and consolidated account statements(CAS).

The bond carries an initial price guidance of 98.625, or a 6.812% yield. Both the issuer and the bond s issue ratings were upgraded to BB+ by S&P on March 17, with a stable outlook.

The former Indiabulls-owned plant was de-notified as a special economic zone (SEZ) and the resultant customs claims have now been admitted under the head of operational creditors, absolving any future liabilities worth ₹635 crore for the bidders.

The 3.5-year senior secured bond is structured under the dual format of Reg S and Reg S 144A. Under this format, securities that are sold outside the US without registration with the US regulators can be resold in the US.

Tyre maker CEAT is seeking to strengthen its play in the premium ultra-high performance and luxury four-wheeler segment that is expected to significantly grow in the next three to five years

Crisil refrains from placing IndusInd Bank on ratings watch but awaits the external agency s report to gauge the discrepancies in the derivatives portfolio. Despite expected one-time impact, the bank s pre-provisioning operating profitability and capital adequacy appear robust. Moody s reviews the bank s Ba1 rating due to internal control concerns.

RBI Governor Sanjay Malhotra advises urban cooperative banks to boost depositor trust, enhance customer service, and ensure resilience against IT and cyber risks. The RBI reaffirms its support for UCBs while highlighting the importance of their responsibilities towards depositors, emphasized during a meeting with industry bodies.

Foreign insurers are retreating from India, despite regulatory reforms easing ownership rules. Challenges in scaling without strong local partnerships and high operational complexity remain deterrents. Recent exits include Allianz Group, while Zurich Insurance has expanded its presence, highlighting mixed investor responses.