In the bustling heart of Karachi, commuters found their daily routines thrown into chaos as prolonged power outages struck Railway Colony. ...

The year 2025 saw widespread internet disruptions. Major cloud providers like Amazon Web Services, Microsoft Azure, and Google Cloud experi...

Venmo down? Thousands of users reported venmo outage, venmo not working, and is venmo down right now issues on Wednesday. Reports rose shar...

A major outage hit Amazon Web Services, impacting popular apps like Snapchat and Reddit. Thousands of websites and businesses faced disrupt...

The glitch also impacted other unified payments interface (UPI) apps like Paytm and Google Pay. Thousands of users reported issues with UPI...

UPI services surged were over 1,000 as of noon, with payments and fund transfers being the most reported problems. Banks cite surge in tran...

Bangladesh owes over $1 billion to five Indian power companies, with Adani Power leading the list at $800 million for its Jharkhand-based p...

Deputy RBI Governor Rao highlighted the risks of single-vendor dependency at a CareEdge event, citing the Microsoft outage. An RBI survey r...

Microsoft experienced a global outage on Thursday due to an issue with CrowdStrike's Falcon Sensor software, causing widespread disruptions...

Banks were earlier spending between 6%-8% of total operating expenditure on technology, sharply below the global average of 10%-12%.

It could not be immediately determined what caused the problem, but an HDFC Bank spokesperson said it was not widespread.

Emkay feels that the RBIs overall audit process and post-audit approval and implementation process at HDFC Bank may take 3 to 6 months.

Last week, banking sector regulator Reserve Bank of India (RBI) had asked the bank to temporarily stop all launches under its digital 2.0 i...

Customer protection and complaints resolution become key policy action items for the central bank as frequent service outages at top lender...

In March this year the regulator imposed a moratorium on Yes Bank and quickly stitched a reconstruction plan with SBI and nine other domest...

The announcement comes a day after the RBI temporarily barred largest private sector lender HDFC Bank from selling new credit cards or laun...

Delhi's power regulator DERC has served notices on two BSES discoms following recommendation by the Delhi Government to revoke their licens...