Evonith Steel has undertaken a significant financial restructuring by raising Rs. 1,750 crore to refinance its existing debt, signaling a strategic move to strengthen its balance sheet and optimize borrowing costs. A portion of this funding—Rs. 250 crore—has been secured through the issuance of non-convertible debentures. Meanwhile, in the financial services sector, AU Small Finance Bank has partnered with fintech platform CheQ to introduce a co-branded credit card, reflecting growing collaboration between traditional banks and digital ecosystems.