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AML / KYC
Hyderabad Police Urge RBI to Overhaul Controls on Mule Accounts
By Nithya Subramanian | 25/04/2026
A major police investigation has uncovered systemic KYC failures and alleged staff collusion in the creation of fraudulent accounts.

Fintech / Regtech
RBI Proposes Overhaul of Prepaid Payment Instrument Rules
By Nithya Subramanian | 24/04/2026
The draft rules introduce stricter capital norms for non-banks, new wallet categories, and mandate interoperability to bolster the payments ecosystem.

Fintech / Regtech
India, Japan Scrutinise Anthropic’s ‘Mythos’ AI Model Over Cyber Risks
By Nithya Subramanian | 24/04/2026
Regulators from India, Japan, Hong Kong, Australia and Korea are among those holding talks with banks amid fears the advanced AI could accelerate cyberattacks.
Securities / Derivatives
India's CCIL Seeks European Recognition to Ease Bond Trading
By Nithya Subramanian | 23/04/2026
The move follows a recent agreement between Indian and EU regulators, potentially lowering costs for European banks trading Indian debt.

Fintech / Regtech
RBI Consolidates E-Mandate Rules, Includes Cross-Border Payments
By Nithya Subramanian | 22/04/2026
The new framework standardises rules for recurring payments, introduces higher AFA-free limits for key financial products, and enhances consumer protection.

Securities / Derivatives
RBI Lifts Rupee NDF Curbs, Imposes New Related-Party Restrictions
By Nithya Subramanian | 21/04/2026
The RBI has withdrawn its early April ban on NDFs but barred banks from undertaking new INR derivative contracts with related parties.

India Lists Banks Authorised for Bullion Imports, Easing Supply Uncertainty
By Nithya Subramanian | 20/04/2026
The new directive authorises 17 banks to import precious metals until March 2029, ending a temporary halt in shipments.

Capital / Liquidity
RBI Asks State Refiners to Curb Dollar Buying to Support Rupee
By Nithya Subramanian | 20/04/2026
The central bank has revived crisis-era measures, directing oil firms to use a special credit line to ease pressure on the currency.

Capital / Liquidity
RBI Currency Curbs Drive Foreign Investors from Indian Markets
By Nithya Subramanian | 17/04/2026
Recent foreign exchange restrictions by RBI have significantly increased hedging costs, prompting outflows from bonds and equities.

RBI Liberalises Branch Authorisation Rules for NBFCs
By Nithya Subramanian | 17/04/2026
The RBI has removed the prior approval requirement for most non-bank lenders to open new branches, aiming to improve the ease of doing business.
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