India

Payments & Settlements

PayPal Partners With India UPI and China Tenpay on Cross-border Payments

By Nithya Subramanian | 25/07/2025

New platform aims to simplify cross-border payments for nearly two billion users. NPCI's Ritesh Shukla said the initiative will significantly expand UPI’s global footprint.

Fraud, Scams & Cybercrime

Indian Regulators Unveil New Initiatives to Combat Digital Fraud

By Mark Johnston | 25/07/2025

Indian regulators have unveiled a multi-pronged strategy that includes a new system for managing customer consents and dedicated numbering for financial services calls.

Credit Risk

Reforms Driving Lower NPAs at Indian Public Sector Banks: Minister

By Editors | 23/07/2025

The gross NPA ratio has fallen sharply from 9.11% to 2.58% over a four-year period, while the total value of bad loans has more than halved.

Payments & Settlements

Indian Banks Urged to Accelerate ISO 20022 Migration Efforts to Avoid Disruption

By Mark Johnston | 23/07/2025

The IBA has warned bank CEOs of serious operational risks if migration to the SWIFT ISO 20022 messaging standard is further delayed.

Structural Regulation

SEBI Launches Centralised Compliance Portal for Stockbrokers

By Nithya Subramanian | 23/07/2025

The centralised compliance platform will allow stock brokers to submit reports to a single exchange, reducing duplication and streamlining regulatory processes.

Structural Regulation

RBI Proposes Digital Banking Rule Changes, Ban on Third-Party Cross-Selling

By Manesh Samtani | 22/07/2025

RBI's draft rules mandate prior approval for transactional services, explicit customer consent, and prohibit most third-party product promotions.

Market Abuse

SEBI Allows Jane Street to Resume Trading in Indian Market

By Nithya Subramanian | 22/07/2025

SEBI has directed the BSE and NSE to maintain close oversight of the firm’s trading activity to ensure there is no recurrence of the alleged manipulative patterns.

Climate Risk

RBI Set to Finalise Climate Risk Disclosure Rules for Banks

By Nithya Subramanian | 22/07/2025

The proposed rules will require lenders to disclose climate-related financial risks and conduct stress tests, enabling the country’s transition to a low-carbon economy.

Structural Regulation

India to Streamline Regulatory Processes for GIFT City Market Intermediaries

By Nithya Subramanian | 22/07/2025

The IFSCA has released a consultation paper on draft Master Circulars for seven categories of market intermediaries, aiming to simplify regulatory processes and promote ease of doing business.