India

    Fraud, Scams & Cybercrime

    India’s FinMin Directs Banks to Adopt 'MuleHunter' AI Tool

    By Nithya Subramanian | 04/05/2026

    The direction was issued following a major cyber-fraud probe that exposed widespread misuse of mule accounts, including alleged involvement of bank staff, as authorities step up coordination to curb digital financial crime.

    Structural Regulation

    SEBI Clears Emirates NBD to Take Majority Stake in RBL Bank

    By Editors | 04/05/2026

    The approval of change of control marks latest regulatory green light for the proposed USD 3 billion acquisition, one of India’s largest cross-border financial sector deals.

    Payments & Settlements

    India UPI Players Urge Curbs on Google, PhonePe

    By Nithya Subramanian | 03/05/2026

    A coalition of firms including Amazon and Meta are meeting the NPCI to propose new rules addressing market concentration.

    Alternative Markets

    SEBI Introduces Fast-Track Route for Alternative Investment Funds

    By Nithya Subramanian | 01/05/2026

    India’s securities regulator has introduced a fast-track mechanism for AIFs, aiming to accelerate fund launches and capital deployment.

    Cybersecurity

    India Bars Banks from Using Anthropic's ‘Mythos’ Over Security Fears

    By Nithya Subramanian | 01/05/2026

    The pre-emptive guidance comes as India negotiates with the US for equitable access to the powerful, unreleased cyber-attack model.

    Credit Risk

    RBI Overhauls Disaster Relief Credit Rules for Borrowers

    By Nithya Subramanian | 01/05/2026

    New rules from 1 July allow lenders to automatically apply relief but impose stricter eligibility and a new 5 percent provisioning requirement

    Structural Regulation

    RBI Finalises New Regulatory and Classification Framework for NBFCs

    By Nithya Subramanian | 01/05/2026

    The new rules exempt smaller, non-public-facing firms from registration and introduce a formal exit path, effective from 1 July.

    Credit Risk

    RBI Finalises Revised Lending Norms for Co-operative Banks

    By Nithya Subramanian | 30/04/2026

    The RBI has set an October deadline for new rules that cap unsecured lending and tighten housing finance terms for urban co-operative banks.

    Structural Regulation

    SEBI Operationalises Performance Verification Body for Market Intermediaries

    By Nithya Subramanian | 30/04/2026

    The regulator has set a 4 May start date for its new verification agency, which will validate the performance claims of investment advisers and algo traders.

    Operational Risk

    RBI Launches 'Mission Saksham' for Co-operative Bank Capacity Building

    By Nithya Subramanian | 30/04/2026

    India's central bank has launched a nationwide training initiative to enhance governance, compliance and operational resilience across the urban co-operative banking sector.

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