Kotak Mahindra Bank raises $650M via dollar bonds: The bank priced five-year notes at a 5.478% fixed coupon, seeking to diversify funding sources amid growing demand for foreign currency debt.
MobiKwik infuses ₹61 Cr into its lending arm: After securing an NBFC licence, the fintech has restructured its digital lending business into a subsidiary, MDSPL, and appointed ex-Bajaj Markets exec Manish Pathania as CBO.
