5 result(s) for “Banking”
Apple Pay has launched in India via Axis Bank credit cards, prompting new merchant tie ups and fresh debate over how the service will interact with the country’s dominant UPI system. The development could shift consumer card usage and merchant acceptance but will not replace the ubiquity of UPI in the near term.
The Central Bureau of Investigation said coordinated searches across 10 states on September 28 led to arrests in a multi crore 'digital arrest' scheme that coerced victims into transferring funds while impersonating law enforcement and regulators.
The Reserve Bank of India intensified market operations on September 28 as the rupee edged higher amid oil price relief and the central bank moved to manage liquidity and bond yields ahead of a key policy week.
Indian equities slipped for a seventh consecutive week on September 27, 2026, as rising global bond yields, a sharp rebound in crude oil and renewed Middle East tensions amplified foreign portfolio selling and weighed on the rupee. Domestic investors are propping up markets but policy and external risks keep volatility elevated.
A joint IIT Madras and Unicorn India Ventures fund has achieved a Rs 450 crore first close and made immediate investments in four engineering led startups, a move aimed at closing the funding gap for India’s deep tech companies.