India

Credit Risk

RBI Tightens Bank, NBFC Rules on Investments in Alternative Funds

By Manesh Samtani | 30/07/2025

The RBI has set a 10% individual and 20% collective limit for regulated entities investing in any single AIF scheme.

Capital Adequacy

RBI Proposes to Update Regulatory Framework for Co-operative Banks

By Nithya Subramanian | 29/07/2025

The draft guidelines propose replacing legacy frameworks with harmonised eligibility criteria and tiered categorisation.

Payments & Settlements

RBI Governor Signals Coming End to Free UPI Payments

By Manesh Samtani | 28/07/2025

RBI Governor says costs for the popular digital payment system must be paid for it to be sustainable, hinting at future user or collective charges.

Structural Regulation

SEBI Consults on Ending Physical Annual Reports for Debt Issuers

By Nithya Subramanian | 28/07/2025

The proposed move aims to align rules for non-convertible securities with those for equities, resulting in ease of doing business and cost savings.

Payments & Settlements

India’s Postal Department, NIPL to Tackle Inward Remittances

By Nithya Subramanian | 28/07/2025

The joint initiative aims to create a secure, real-time, and cost-effective cross-border remittance system by linking UPI with the global postal network.

Anti-Money Laundering

India’s ED Raids Anil Ambani Firms in Bank Fraud and Money Laundering Probe

By Mark Johnston | 26/07/2025

The Enforcement Directorate is investigating an alleged INR 30 billion Yes Bank loan fraud, involving multiple regulatory violations and suspected bribery.

Payments & Settlements

India NPCI Allows Direct Access to Approved Credit Lines via UPI

By Nithya Subramanian | 25/07/2025

From 31 August, users will be able to make UPI transactions using funds directly withdrawn from pre-approved credit lines.

Anti-Money Laundering

India’s Supreme Court Allows CBI to File 22 Cases Against Banks and Builders

By Nithya Subramanian | 25/07/2025

The court cited “substantial evidence” of collusion between banks and real estate developers, exposing violations of lending norms under the now-controversial subvention scheme.

Cloud & Infrastructure

India Unveils New Rules for GIFT City TechFin and Ancillary Services

By Nithya Subramanian | 25/07/2025

New regulations require registration, compliance officers, and 'fit and proper' standards for firms offering technology and support services to financial institutions.