The Reserve Bank of India (RBI) has launched an offline mode for its Central Bank Digital Currency — the ‘Digi Rupee’. This innovation allows users to transfer money seamlessly even without an internet connection, marking a major step toward inclusive digital finance across India.
After over a century of operation and a decade of legal battles, the historic Calcutta Stock Exchange is preparing for a voluntary exit from the Indian financial ecosystem. Once a powerful rival to the Bombay Stock Exchange, CSE’s departure marks the end of an era for regional trading in India.
Axis Bank, in collaboration with Freecharge, has introduced India’s first gold-backed credit line on the UPI platform. This innovative offering enables MSMEs, merchants, and self-employed individuals to access instant overdraft facilities against gold, with seamless repayments via UPI and a 100% digital journey.
Chief Minister Dr. Pramod Sawant chaired the 405th Board Meeting of EDC Limited, approving the Consolidated Accounts for FY 2024-25. The corporation reported a revenue of ₹137 crore, expenses of ₹60 crore, and a Profit Before Tax of ₹77 crore.
Axis Bank has launched ‘Dil Se Open Celebrations 2025’, a pan-India festive campaign offering exclusive credit card deals, cashback, EMI offers, and special loan rates across shopping, travel, and lifestyle categories, running from September through the festive season.
