India

Structural Regulation

RBI Grants First Universal Banking Licence in Over 10 Years

By Editors | 11/08/2025

The RBI has granted 'in-principle' approval to AU Small Finance Bank Ltd, outlining a clear regulatory path for other small finance banks.

Payments & Settlements

RBI Governor Addresses UPI Fee Speculation

By Mark Johnston | 11/08/2025

RBI Governor clarified that end-users will not necessarily pay for UPI, but stressed that a sustainable cost-recovery model is needed.

Structural Regulation

SEBI Proposes Splitting Oversight of Share Registrars

By Editors | 11/08/2025

The proposal would see services for unlisted companies fall under the Ministry of Corporate Affairs, creating a new activity-based regulatory model.

Liquidity Risk

RBI Panel Recommends Overhaul of Central Bank Liquidity Framework

By Mark Johnston | 11/08/2025

RBI panel recommends retaining call money rate as policy target and shifting to 14-day to 7-day operations to refine liquidity management.

Trading & Investment

SEBI Grants NCDEX In-Principle Nod for Equities Segment

By Editors | 11/08/2025

NCDEX has received conditional approval to launch equities and derivatives, plans INR 7.5 billion investment to develop the new segment.

Structural Regulation

SEBI Proposes 'Ease of Business' Reforms for Investment Advisers

By Editors | 10/08/2025

Proposals include allowing the use of past performance data, easing corporatisation rules, and relaxing entry qualifications and registration requirements.

Credit Risk

RBI Releases Final Co-lending Framework Effective January 2026

By Nithya Subramanian | 09/08/2025

The framework requires the lender to retain at least 10 percent of individual loan exposures on its books and clearly disclose roles and responsibilities to borrowers.

Credit Risk

RBI Rolls Out Unified Framework for Non-Fund Based Credit Facilities

By Nithya Subramanian | 08/08/2025

The framework aims to strengthen risk management, deepen corporate bond markets, and modernise the issuance of guarantees and credit enhancements across regulated entities.

Reporting & Disclosures

India’s IFSCA Proposes Stewardship Code to Strengthen Governance

By Nithya Subramanian | 08/08/2025

The proposed voluntary code for fund managers and institutional investors in the IFSC sets out principles for governance, ESG integration, conflict management, and investor engagement.