Microsoft systems global outage: 5 Indian AMCs report disruptions in functioning

The association of mutual funds in India (AMFI) said other than their five asset management companies, their mutual funds and registrar and transfer agents (RTAs) functioned without any impact. The glitch affected not only broking firms but also disrupted airline operations. Additionally, the outage impacted 10 banks and NBFCs, causing minor disruptions that were either resolved or in the process of being resolved.