RBI Policy Boosts Junk Debt Market

RBI Policy Boosts Junk Debt Market The Reserve Bank of India (RBI) has unveiled a new policy that allows the securitisation of distressed assets, including non-performing loans (NPLs). This reform…

IndusInd Bank Faces $175M Derivative Loss, Shares Plunge 27%

IndusInd Bank Faces $175M Derivative Loss, Shares Plunge 27% IndusInd Bank has uncovered a $175 million discrepancy in its currency derivatives transactions, significantly impacting earni ngs. This financial misstep has…