Global tech outage: 10 banks, NBFCs witness minor disruptions, says RBI

The Indian financial sector largely escaped unscathed, experiencing only minor disruptions, amid the global tech outage that severely impacted major services worldwide.

In a statement on Friday, the Reserve Bank of India (RBI) said 10 Indian banks and non-banking financial companies (NBFCs) experienced minor disruptions. All of these have either been resolved or are being resolved. The outage affected IT systems globally.