Mumbai: The sovereign debt market will see foreign flows worth $2-3 billion per month once domestic bonds are included in a JP Morgan index this week, with the pace likely to accelerate once the US starts cutting rates, Standard Chartered Bank‘s India head of financial markets said. “We have a different profile spread across clients. … Read more
Axis Bank credit card users were recently affected by unauthorized international transactions despite deactivating international usage. Cardholders reported unauthorised transactions and receiving OTPs for transactions they didn’t make, including international charges on their Axis Bank credit cards. Many took to social media platforms to report the issue. So, what should you do if an unauthorized … Read more
NEW DELHI: The recovery in purchasing power of Indian consumers towards the levels that existed before the Covid pandemic will be gradual, uneven and extend into FY23, economists from Standard Chartered Bank wrote in a recent report. “Our analysis of available employment and job surveys indicates that the purchasing power of Indian consumers has improved … Read more