India

Fintech / Regtech

Apple in Talks with Indian Banks for Mid-2026 Payments Launch

By Manesh Samtani | 27/02/2026

The move would see Apple Pay integrate with India's UPI payments system, following new central bank rules on biometric authentication.

Enforcement

Indian Authorities Arrest Four Involved in IDFC First Bank Fraud

By Nithya Subramanian | 26/02/2026

Former bank employees allegedly colluded with external parties to siphon funds through a complex scheme, prompting arrests and raising questions about IDFC First Bank's internal controls.

Securities / Derivatives

India’s NSE IX Launches Global Access Platform in GIFT City

By Nithya Subramanian | 26/02/2026

The new platform enables fractional investing in US stocks, with plans for 30 markets, significant tax benefits, and 21-hour trading sessions.

Enforcement

India: Finance Minister Warns Banks to Halt 'Offence' of Mis-Selling

By Nithya Subramanian | 25/02/2026

Finance Minister Nirmala Sitharaman has told lenders to refocus on core business as the RBI prepares new guidelines mandating refunds.

India’s IFSCA Proposes New Framework for Financial Advisers

By Nithya Subramanian | 25/02/2026

The draft regulations introduce strict net worth requirements and fiduciary standards to govern financial advisory services within GIFT City.

Securities / Derivatives

India’s IFSCA Proposes New Framework for Electronic Trading Platforms

By Nithya Subramanian | 25/02/2026

The draft framework mandates USD 1 million minimum net worth and "fit and proper" management for GIFT City electronic trading platforms.

Enforcement

Indian Court Removes Stay Protecting Anil Ambani from ‘Fraud’ Tag

By Nithya Subramanian | 25/02/2026

The ruling allows three public sector banks to resume fraud-classification proceedings over an alleged INR 315.8 billion loan default.

Fintech / Regtech

RBI Partners with Digital India to Launch Multilingual Banking AI

By Nithya Subramanian | 25/02/2026

The partnership will develop AI language models for banking, aimed at enhancing financial inclusion by enabling services in multiple Indian languages.

Market Infrastructure

India Plans to Merge Tax and Financial Reporting Rules

By Nithya Subramanian | 25/02/2026

The government will set up panel under the MCA and CBDT to integrate IndAS and ICDS, aiming to end dual reporting, cut compliance costs and reduce tax disputes for corporate India.