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RBI asks banks and payment cos to submit status update on Microsoft outage

By Economic Times - 2 months ago
The Reserve Bank of India has checked with banks and payment aggregators on the impact of a global tech outage involving Microsoft and Crowdstrike. Most banking services remain unaffected, with only minor disruptions reported during government bond auctions. The issue with Microsoft 365 apps causing computer shutdowns is gradually being resolved. Stay informed for further developments on this situation.

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