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.
DMart Q2 Results: Cons profit rises nearly 9% YoY to Rs 743 crore, revenue jumps 18%
DMart operator Avenue Supermarts reported an 8.5% year-on-year rise in consolidated net profit to Rs 743 crore in Q2FY27, while revenue grew 17.8% to Rs