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.
Jio Financial Services to invest Rs 1,000 crore in Jio Finance
Jio Financial Services announced on Thursday that it has invested Rs 1,000 crore in Jio Finance, its wholly owned subsidiary. The investment was made through