Reserve Bank of India

RBI Undertakes Regulatory Overhaul, Repeals 9,000 Circulars

By Nithya Subramanian | 13/10/2025

The RBI is reorganising its regulations across 11 types of regulated entities and 30 thematic areas to simplify compliance and reduce burden.

Fintech / Regtech

India Mandates Biometric UPI Payments, Shifts Liability to Banks

By Mark Johnston | 10/10/2025

Regulators have approved new biometric authentication methods for India’s UPI payments system, making banks fully liable for any safeguard failures.

Fintech / Regtech

RBI Links FX-Retail platform with Bharat Connect to Widen Access

By Nithya Subramanian | 09/10/2025

The pilot linkage is expected to expand retail access to the FX market, enabling customers of five banks to buy US dollars directly through digital channels and third-party apps.

Fintech / Regtech

RBI Launches Wholesale Deposit Tokenisation Pilot

By Mark Johnston | 09/10/2025

RBI will explore using its wholesale CBDC to support tokenised interbank deposits.

Capital / Liquidity

RBI Proposes 5-Year Glide Path to Adopt ECL Provisioning Norms

By Nithya Subramanian | 08/10/2025

The proposed capital and provisioning rules are aimed at strengthening risk management and easing capital strain on MSMEs, real estate, and consumer credit sectors.

ESG / Sustainability

RBI Proposes New Framework on Lending to Related Parties

By Mark Johnston | 07/10/2025

The draft directions introduce a scale-based approach for board approvals and expands the definition of related parties.

Securities / Derivatives

RBI Opens Corporate Debt Market to Foreign Holders of Rupee Vostro Accounts

By Nithya Subramanian | 07/10/2025

The RBI has expanded the investment avenues for Special Rupee Vostro Account balances, now allowing non-residents to purchase corporate bonds and commercial paper.

Capital / Liquidity

RBI Proposes Market-Based Overhaul of External Borrowing Rules

By Nithya Subramanian | 07/10/2025

The RBI has proposed allowing companies to borrow up to USD 1 billion or 300% of net worth and raise funds at market-determined rates.

RBI Proposes to Ease Rules for Foreign Branch, Office Establishment

By Nithya Subramanian | 07/10/2025

RBI has proposed easing eligibility norms, simplifying closure procedures, and granting greater operational freedom to foreign entities establishing offices or branches in India.