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The mortgage lender recently secured an investment of ₹830 crore through non-convertible debentures from the International Finance Corporation. These funds will be used to offer home loans to low-income and middle-income groups. A part of the loan will be used to fund MSMEs, focusing on women-led enterprises, to foster growth and economic development.

Packaged foods company Nestle has inked a partnership with real estate investment group Thakral Innovations as distribution partner for its luxury Nespresso boutiques in India.

Several hospitals in Ahmedabad will halt cashless treatment services for Star Health and Tata AIG General Insurance from April 1. This decision follows ongoing disputes over claim denials, unjustified deductions, and non-renewal of tariffs. The local healthcare industry accuses insurers of unfair practices, while insurers seek standardisation in healthcare costs.

After years, choppy markets have revived the trades on over-the-counter (OTC) currency derivatives as corporates fish around for fancy deals at modest (or, even zero) cost to guard themselves from fluctuations in foreign exchange rates.

The RBI is examining whether unhedged forex liabilities are an issue specific to IndusInd Bank or a broader banking problem. IndusInd Bank disclosed discrepancies in its derivative portfolio, possibly resulting in significant financial losses. Banks have been instructed to provide detailed hedging information and ensure compliance with guidelines.

The private bank on Monday said its net worth could take a 2.35% hit to the tune of roughly ₹1,600 crore as of December 31 on account of underestimation of foreign exchange hedging costs. Analysts said these were internal foreign exchange derivatives based on the bank s forex borrowings and deposits.

The brokerage said a likely positive shift in fundamentals is not in the price and it expects Indian equities to recover the lost ground against its peer group through the rest of 2025.

IndusInd Bank has reported discrepancies in its derivatives portfolio related to transactions spanning the last 7-8 years. These issues arose from internal trades involving low-liquidity instruments, such as 3-6-year yen and 8 to 10-year dollar borrowings.

In a circular on Tuesday, Sebi came out with the revised timelines for completion of the various activities involved in rights issue process from the date of board of directors of the issuer approving it to the date of closure of the issue.