Axis Bank, an institution based in India intends to increase its ownership, in Max Life insurance from 9.99% to 16.2% by making an investment of 16.12 billion rupees.

RBI Governor Shaktikanta Das announced the third consecutive pause on rate hikes by the monetary policy committee, signaling readiness to act if needed.

An off-market transfer would be used to buy a 10.3% interest in Paytm from Antfin by a foreign company owned by Jai Shekhar Sharma.

Singapore’s largest bank, DBS Group, has announced a remarkable 48% surge in its second-quarter profit, beating forecasts and setting a new record.

The iPhone manufacturer estimated the entire amount of deposits at around $10 billion in a news release on Wednesday. According to Apple, that money accumulated throughout the roughly 3.5 months that Apple Card customers had the option of opening them.

In July the Unified Payments Interface (UPI) witnessed a recovery by experiencing a 6.6% increase, in the number of transactions reaching a total of 996 crores.

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Jana Small Finance Bank, an Indian lender, refiles for an IPO after pandemic-related delays. The offering includes fresh shares worth up to 5.75 billion rupees and an offer for sale of 4.1 million shares.

Asian shares attempted to end the month of July on a firm note, with positive gains in various markets. However, rising Japanese bond yields posed a risk to investor sentiment.