Reserve Bank of India

Liquidity Risk

RBI Proposes Opening Term Money Market to NBFCs, Corporates

By Nithya Subramanian | 29/06/2026

The central has released draft directions aimed at deepening liquidity by expanding participation in the term money market.

Market Risk

RBI Finalises Rules to Expand India’s Credit Derivatives Market

By Nithya Subramanian | 29/06/2026

New directions introduce total return swaps and credit index derivatives, aiming to deepen the corporate bond market and expand risk management tools.

Structural Regulation

RBI Overhauls NBFC Rules, Sets New Threshold for Top-Tier Firms

By Nithya Subramanian | 28/06/2026

The RBI has revised its scale-based framework, tightening rules for state-owned entities and simplifying classification for large non-bank lenders.

Liquidity Risk

India: Brokers Warn RBI Credit Rules Could Hit Market Liquidity

By Nithya Subramanian | 26/06/2026

The CPAI has asked for interim relief ahead of new bank credit rules effective 1 July, warning of potential market disruption.

Market Risk

India Aligns Banks’ Forex Risk Capital Rules with Global Standards

By Nithya Subramanian | 26/06/2026

New rules effective from April 2027 will require a single net open position calculation and allow exclusions for certain structural positions.

AI Risk & Governance

RBI Proposes New AI Governance Framework for Financial Sector

By Nithya Subramanian | 26/06/2026

The draft guidance mandates a board-approved risk framework, independent validation of all models, and robust human oversight for AI systems.

Fraud, Scams & Cybercrime

RBI Finalises Compensation for Digital Fraud, Shifts Liability to Banks

By Nithya Subramanian | 26/06/2026

New rules effective January 2027 will see victims compensated up to INR 25,000 and require banks to prove customer liability.

Payments & Settlements

RBI Revamps TReDS Rules to Improve MSME Access to Finance

By Nithya Subramanian | 25/06/2026

New framework simplifies MSME onboarding, permits credit guarantees for financiers, and harmonises the regulatory landscape for platform operators.

Capital Adequacy

RBI Aligns UPI Credit Rules with Traditional Loans

By Nithya Subramanian | 25/06/2026

The RBI mandated that the nature of a loan, not its delivery channel, determines its regulatory treatment, closing a regulatory arbitrage opportunity.