India

Fintech / Regtech

RBI Governor Raises Concerns Over Rising Consumer Complaints

By Nithya Subramanian | 20/03/2025

RBI Governor Sanjay Malhotra called on banks to strengthen their grievance redressal mechanisms, enhance digital fraud prevention and improve customer service standards.

Crypto / Digital Assets

Coinbase Secures Registration with India’s Financial Intelligence Unit

By Nithya Subramanian | 17/03/2025

Coinbase, which was forced to exit the Indian market in 2022, now plans to re-launch retail services later this year.

Enforcement

NSE Places IndusInd Bank Under Additional Surveillance

By Nithya Subramanian | 14/03/2025

IndusInd Bank is under heightened scrutiny after it disclosed accounting irregularities in its derivatives portfolio.

Fintech / Regtech

RBI Invites SRO Applicants for Account Aggregator Ecosystem

By Nithya Subramanian | 14/03/2025

The RBI released a framework setting out eligibility criteria, governance structures and responsibilities for the proposed SRO-AA.

Sanctions

Indian Authorities Arrest Co-founder of Crypto Exchange Garantex

By Nithya Subramanian | 13/03/2025

The arrest was made at the request of US authorities, who have charged Aleksej Besciokov for conspiracy to commit money laundering and violate sanctions.

Securities / Derivatives

SEBI Reduces Timelines for Completing Rights Issue

By Nithya Subramanian | 13/03/2025

New framework, effective 7 April, reduces the timeline for completing a rights issue from 126 days to just 23 days.

Securities / Derivatives

RBI Expands Oversight of Offshore Interest Rate Derivatives

By Nithya Subramanian | 12/03/2025

RBI has asked lenders to expand reporting of offshore interest rate derivative trades with hopes of bringing more trades onshore.

Securities / Derivatives

SEBI Considers Easing Short-Selling Restrictions

By Nithya Subramanian | 07/03/2025

SEBI is considering relaxing a restriction that only allows short-selling in stocks in the F&O segment.

Crypto / Digital Assets

India Consults on Tokenisation Framework for GIFT City

By Nithya Subramanian | 07/03/2025

The IFSCA has released a consultation paper on the tokenisation of real-world assets, aiming to establish GIFT City as a global hub for digital asset innovation.