Motilal Oswal Financial Services reported its first quarterly loss in five years, with a Q4FY25 net loss of Rs 63.2 crore, driven by a sharp fall in fair value changes. Shares fell 12.6% in two days. Despite the loss, wealth and asset management businesses posted strong growth. The company also approved a Rs 3,000 crore NCD fundraise.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an