Cyberattack vulnerability in Asia-Pacific’s financial sector is double the global average due to inadequate cybersecurity investments. With the introduction of the “bank.in” domain by the RBI, banks face increased risks during the migration process. Increased phishing attacks and data breaches underscore the need for robust cybersecurity measures.
Axis Bank set to raise $700 million through ECB swap facility
Axis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two tranches with tenures of