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Amazon Pay tests out FDs as digital demand softens

Financial Express Pune

|

January 26, 2026

AMAZON PAY'S RECENT entry into fixed deposits comes at a time when digital FD volumes are slowing sharply, raising questions about whether the product can gain traction on consumer apps the way mutual funds, stocks or loans have over the past few years.

- AYANTI BERA

The payments platform recently launched fixed deposits on its app, joining a small group of consumer-facing platforms that have attempted to distribute FDs digitally. The move follows a similar effort by Google Pay, which exited the segment in 2021 after failing to see meaningful traction. So far, sustained adoption of online FDs has been limited to niche fixed-income platforms such as Stable Money, Wint Wealth and Grip Invest.

Financial Express Pune से और कहानियाँ

Financial Express Pune

India-EU trade deal: No immediate relief for steel firms seen

Imports partially exempt from duties on quota basis

time to read

2 mins

January 28, 2026

Financial Express Pune

Asian Paints profit falls 4.6%

ASIAN PAINTS REPORTED a 4.6% year-on-year (YoY) decline in consolidated net profit to $1,060 crore for the December quarter (Q3FY26), weighed down by subdued demand conditions.

time to read

1 min

January 28, 2026

Financial Express Pune

Axis Bank pips Kotak in m-cap

Robust growth, cheaper valuation positives for Axis

time to read

1 min

January 28, 2026

Financial Express Pune

India, EU cross the Rubicon

Duty-free sccess for more than 99% of exports to EU by value

time to read

1 min

January 28, 2026

Financial Express Pune

Nvidia lacks clear successor for CEO

NVIDIA'S JENSEN HUANG, the longest-serving chief executive officer in Silicon Valley,was recentlyasked how he’s managed to stayin the job more than three decades.

time to read

1 min

January 28, 2026

Financial Express Pune

The cultural shift unfolding through women’s cricket

LIKE MILLIONS OF Indians, I started following women's cricket after India's World Cup victory.

time to read

2 mins

January 28, 2026

Financial Express Pune

When homes shrink to stay within reach

Realtors trim apartment sizes as prices surge, sales slump

time to read

1 min

January 28, 2026

Financial Express Pune

DRIVEN BY STRONG DEMAND FOR SUVs, PICKUP TRUCKS GM's core profit rises in Q4

GENERAL MOTORS (GM) reported a higher fourth-quarter core profit on Tuesday on stronger sales of its affordable crossover SUVs and pickup trucks through the year,sending the shares of the Detroit automaker up about 6% in premarket trading.

time to read

1 min

January 28, 2026

Financial Express Pune

Vi narrows loss to ₹5,286 crore

VODAFONE IDEA ON Tuesday reported a sequential improvement in its financial performance for the October—December quarter, aided primarily by one-off gains from the write-back and remeasurement of settlement assets, alongside steady growth in operating revenue.

time to read

1 min

January 28, 2026

Financial Express Pune

Alco-bev players not so chilled

INDIA'S ALCO-BEV SECTOR has mixed views about the sharp import tariff cuts on European spirits, wine and beer as part of the free trade agreement (FTA) between India and the European Union (EU), saying the move will offer significant strategic benefits to both markets in terms of expertise, but poses competition to domestic produce as foreign spirits get cheaper.

time to read

2 mins

January 28, 2026

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