India has for the first time referred to what it called "the militarization of the Taiwan Strait", marking a rare instance of New Delhi appearing to comment on China's actions towards Taiwan.
SBI has issued additional tier-1 (AT1) bonds worth a total of Rs. 6,872 crores at a cut-off of 7.75 per cent, the lowest rate set for such debt issuances by any bank so far in the current financial year.
ICICI Bank has announced its partnership with the National Payments Corporation of India (NPCI) to launch a range of credit cards on RuPay, the indigenous payments network.