India

Securities / Derivatives

SEBI to Permit Net Settlement for FPI Cash Market Trades

By Nithya Subramanian | 27/04/2026

The move is designed to reduce funding costs and operational inefficiencies for foreign investors, with a December 2026 implementation deadline.

Fintech / Regtech

India FinMin Urges Banks to Coordinate AI Defences

By Nithya Subramanian | 27/04/2026

The MOF has ordered banks to establish a real-time threat intelligence sharing mechanism and a coordinated response to counter "unprecedented" AI-driven cyber risks.

Securities / Derivatives

SEBI Proposes New Broker Net Worth Rules Tied to Client Base

By Nithya Subramanian | 27/04/2026

The proposed framework moves away from client cash balances, linking capital requirements to the number of active clients and funds handled to create a stronger financial buffer.

Securities / Derivatives

India’s CCIL Must Leverage AI for Pre-emptive Risk Management: Officials

By Nithya Subramanian | 27/04/2026

Senior officials have outlined a new strategic direction for the CCP, focusing on AI-driven surveillance, global expansion, and managing new forms of systemic risk.

Fintech / Regtech

RBI Opens Centralised Payment System to Fintechs

By Nithya Subramanian | 27/04/2026

The RBI has granted a private fintech firm, Pay Point, direct membership to its core payment systems, signalling a significant structural shift.

AML / KYC

RBI Orders Banks to Compensate Cyber Fraud Victim

By Nithya Subramanian | 26/04/2026

The order follows an INR 229 million "digital arrest" scam, highlighting bank liability for inadequate monitoring of mule accounts used by fraudsters.

AML / KYC

Hyderabad Police Urge RBI to Overhaul Controls on Mule Accounts

By Editors | 25/04/2026

A major police investigation has uncovered systemic KYC failures and alleged staff collusion in the creation of fraudulent accounts.

AML / KYC

India Finalises Online Gaming Rules, Imposing New Obligations on FIs

By Nithya Subramanian | 25/04/2026

New rules effective 1 May establish a gaming authority and prohibit FIs from processing transactions for prohibited online money games.

Fintech / Regtech

RBI Proposes Overhaul of Prepaid Payment Instrument Rules

By Nithya Subramanian | 24/04/2026

The draft rules introduce stricter capital norms for non-banks, new wallet categories, and mandate interoperability to bolster the payments ecosystem.