INDIA

Fintech / Regtech

India NPCI Allows Direct Access to Approved Credit Lines via UPI

By Nithya Subramanian | 25/07/2025

From 31 August, users will be able to make UPI transactions using funds directly withdrawn from pre-approved credit lines.

Capital / Liquidity

India’s Supreme Court Allows CBI to File 22 Cases Against Banks and Builders

By Nithya Subramanian | 25/07/2025

The court cited “substantial evidence” of collusion between banks and real estate developers, exposing violations of lending norms under the now-controversial subvention scheme.

Fintech / Regtech

India Unveils New Rules for GIFT City TechFin and Ancillary Services

By Nithya Subramanian | 25/07/2025

New regulations require registration, compliance officers, and 'fit and proper' standards for firms offering technology and support services to financial institutions.

Enforcement

SEBI to Place MCX on Regulatory Review After Market Outage - Report

By Mark Johnston | 25/07/2025

SEBI is reported to be considering action against MCX following a technical glitch that caused a trading halt on Wednesday.

Fintech / Regtech

PayPal Partners With India UPI and China Tenpay on Cross-border Payments

By Nithya Subramanian | 25/07/2025

New platform aims to simplify cross-border payments for nearly two billion users. NPCI's Ritesh Shukla said the initiative will significantly expand UPI’s global footprint.

AML / KYC

Indian Regulators Unveil New Initiatives to Combat Digital Fraud

By Mark Johnston | 25/07/2025

Indian regulators have unveiled a multi-pronged strategy that includes a new system for managing customer consents and dedicated numbering for financial services calls.

Capital / Liquidity

Reforms Driving Lower NPAs at Indian Public Sector Banks: Minister

By Editors | 23/07/2025

The gross NPA ratio has fallen sharply from 9.11% to 2.58% over a four-year period, while the total value of bad loans has more than halved.

Fintech / Regtech

Indian Banks Urged to Accelerate ISO 20022 Migration Efforts to Avoid Disruption

By Mark Johnston | 23/07/2025

The IBA has warned bank CEOs of serious operational risks if migration to the SWIFT ISO 20022 messaging standard is further delayed.

Securities / Derivatives

SEBI Launches Centralised Compliance Portal for Stockbrokers

By Nithya Subramanian | 23/07/2025

The centralised compliance platform will allow stock brokers to submit reports to a single exchange, reducing duplication and streamlining regulatory processes.