The Reserve Bank of India's (RBI's) move to ban Mastercard from issuing new cards for not complying with the local data storage guidelines may hit five private banks, a non-bank lender, and a major card-issuing company. The impact is expected to be felt for a few months as these players transition to other card networks. According to Nomura Research, RBL Bank, YES Bank, and Bajaj Finserv are the ones most impacted by the ban as all their credit card schemes are allied to Mastercard. Among others, IndusInd Bank, Axis Bank and ICICI Bank have 35-40 per cent of their credit card schemes tied to Mastercard, the report said.
The list was topped by Oracle's Larry Ellison last year.
Images from Day 3 of the 2023 Australian Open at Melbourne Park on Wednesday.
The New York State Assembly has passed a resolution calling on Governor Andrew Cuomo to declare February 5 as Kashmir American Day, drawing a sharp reaction from India which noted with 'concern' attempts by 'vested interests' to misrepresent Jammu and Kashmir's rich cultural and social mosaic to divide the people.
'Spends are likely to increase from the current levels because recovery is yet to fully be over.'
One man follows Guru Nanak's visits to multi-faith sites across nine countries.
Bruno Fernandes struck from the penalty spot in the ninth minute of stoppage time to give Manchester United victory at Brighton & Hove Albion in the Premier League on Saturday after an incredible finale.
From domestic noir to domestic animals, the themes range far and wide on OTT this week. Sukanya Verma makes her recommendations.
Madhuri Dixit's brief seems to have been to look glamorous, which she does, while others struggle to hold the film together, observes Deepa Gahlot, Maja Ma Review.
They are small town boys who went on to make it big in global financial powerhouses.
'Meghan Markle, my selfless friend, lives her life -- and leads by example -- with empathy and compassion'
Pelosi said that she is in Taiwan to listen and learn from Taiwanese people as to how can they come together.
The November 3 presidential poll is an "election of a lifetime" for it being held amid a pandemic and seeing the "highest participation" of India-Americans, according to eminent community leader Swadesh Chatterjee.
The Bolivian and Chilean football teams announced more positive COVID-19 tests among players or staff
However, Biden expressed his sympathy for the crisis in Afghanistan after the Taliban took control of the nation in mid-August.
China urged the US to immediately address its wrongdoings, take practical measures to undo the adverse effects caused by Pelosi's visit.
'Black Lives Matter' protests intensified across the US after George Floyd, an African-American man, died after having a knee pressed into his neck by a police officer identified as Derek Chauvin.
Washington is signalling to Delhi that it can rely on American support in any great game vis-a-vis China. Delhi shouldn't fall into the trap, argues Ambassador M K Bhadrakumar.
Aseem Chhabra highlights 10 films that moved him, films that may show up in theatres near you.
Tennis fans 12 years or older will be required to show proof of a COVID-19 vaccine in order to attend the US Open, tournament officials announced Friday, just three days before the main draw was set to begin.
"Let me be clear, I may have campaigned as a Democrat but I will govern as an American president. The presidency itself is not a partisan institution; it's the one office in this nation that represents everyone. "It demands the duty and care of all and that's what I will do," Biden said.
