Walmart sees financial services as a growth opportunity, with PhonePe and Flipkart driving monetisation prospects. A report by Bernstein Research suggests India’s ecommerce market could double by 2025.
The Supreme Court confirmed the decision of the Bombay High Court regarding Yes Bank’s AT1 bonds. This ruling impacts ₹8,415 crore in bonds written off
Reserve Bank of India recently clarified the applicability of foreign exchange risk reserve for banks. The requirement does not apply to banks engaging in market-making
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