AGP Executive Report
Last update: 5 hours agoCyber & Courts: A Delhi court ordered Indian Bank to permanently refund ₹77,000 to a pensioner hit by online fraud, ruling banks can’t dodge responsibility when customers report unauthorised transfers promptly—an RBI “zero liability” style message that could reshape how holds are handled. Markets & FX: India’s rupee is edging toward the psychological Rs 100 level as crude prices, foreign outflows and external-balance stress collide, while Japanese investors turned net sellers of foreign stocks in April amid higher energy-cost and inflation worries. Banking & Deals: OCBC and Australia’s High Commission signed a five-year partnership to channel regional investment into energy transition, green transport and fintech, while EBRD is weighing a €75m risk-sharing guarantee to expand SME lending via Azerbaijan’s AccessBank. Risk & Fraud: In the Philippines, VP Sara Duterte’s husband sued multiple clergy and others over alleged reputational harm tied to a corruption case, while a former New York judge was charged with swindling real-estate investors out of at least $5m. Digital Resilience: Gaza’s digital workers kept coding for clients abroad despite bombs and blackouts, showing how remote work is becoming a financial lifeline.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.