The State Bank of India has raised $1 billion from Japan Bank for International Cooperation (JBIC) to extend loans to supply chain of Japanese automobile industry in India.
The Private sector lender Axis Bank has entered into a Share Purchase Agreement for sale of 100 per cent stake in its subsidiary, Axis Bank UK Limited to OpenPayd Holdings Ltd.
The India has retained the top spot in terms of digital payments in 2020 with 25.5 billion real-time payment transactions, showed a report by ACI Worldwide and GlobalData.