The Housing Development Finance Corporation (HDFC) Ltd. partnered with Accenture for digitizing its lending business by using a cloud-native platform for application, processing, credit underwriting and disbursement.
The Reserve Bank of India raised the Additional Factor of Authentication (AFA) limit from Rs. 5,000 to Rs 15,000 per transaction for e-mandates on cards, Prepaid Payment Instruments (PPIs) and UPI for recurring transactions.
Russia's navy has conducted another successful test of a prospective hypersonic missile, a demonstration of the military's long-range strike capability amid the fighting in Ukraine.