INDIA

Securities / Derivatives

SEBI Consults on Ending Physical Annual Reports for Debt Issuers

By Nithya Subramanian | 28/07/2025

The proposed move aims to align rules for non-convertible securities with those for equities, resulting in ease of doing business and cost savings.

Fintech / Regtech

India’s Postal Department, NIPL to Tackle Inward Remittances

By Nithya Subramanian | 28/07/2025

The joint initiative aims to create a secure, real-time, and cost-effective cross-border remittance system by linking UPI with the global postal network.

Enforcement

India’s ED Raids Anil Ambani Firms in Bank Fraud and Money Laundering Probe

By Mark Johnston | 26/07/2025

The Enforcement Directorate is investigating an alleged INR 30 billion Yes Bank loan fraud, involving multiple regulatory violations and suspected bribery.

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From 31 August, users will be able to make UPI transactions using funds directly withdrawn from pre-approved credit lines.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