The week in charts: Jio’s mega debut, deferred UPI charges, IDBI bank stake sale
Jio Platforms announced its initial public offering (IPO) will open on 21 October, aiming to raise ₹30,200 crore, making it India's largest IPO. Meanwhile, the National Payments Corporation of India deferred charges on select UPI transactions due to the festive season, and the Union cabinet approved the sale of a majority stake in IDBI Bank to Fairfax Financial Holdings. These developments reflect significant movements in India's financial landscape.