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Axis, in particular is making its rewards programme less lucrative while also cracking down on potentially fake payments—something we’ve discussed before.


The fintech’s financial services business has done reasonably well in Q4 FY26. But upping its lending game without the NBFC tag will be a tall task.
Nearly four years after the unsavoury incident that created a national furore, the alleged offender’s life has come undone. He has been defeated by a system that does not deem him worthy of transparency or a chance at finding closure.
The RBI’s unusually harsh order raises deeper questions about management credibility—and whether investors should take assurances at face value.