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Cybersecurity
RBI Scrutinises YES Bank Over Forex Card Security Breach
By Nithya Subramanian | 27/02/2026
The RBI has summoned senior executives after unauthorised transactions linked to a data security lapse which affected about 5,000 prepaid forex card customers.

Payments & Settlements
Apple in Talks with Indian Banks for Mid-2026 Payments Launch
By Manesh Samtani | 27/02/2026
The move would see Apple Pay integrate with India's UPI payments system, following new central bank rules on biometric authentication.

Fraud, Scams & Cybercrime
Indian Authorities Arrest Four Involved in IDFC First Bank Fraud
By Nithya Subramanian | 26/02/2026
Former bank employees allegedly colluded with external parties to siphon funds through a complex scheme, prompting arrests and raising questions about IDFC First Bank's internal controls.

Trading & Investment
India’s NSE IX Launches Global Access Platform in GIFT City
By Nithya Subramanian | 26/02/2026
The new platform enables fractional investing in US stocks, with plans for 30 markets, significant tax benefits, and 21-hour trading sessions.

Conduct, Culture & Accountability
India: Finance Minister Warns Banks to Halt 'Offence' of Mis-Selling
By Nithya Subramanian | 25/02/2026
Finance Minister Nirmala Sitharaman has told lenders to refocus on core business as the RBI prepares new guidelines mandating refunds.

AI Risk & Governance
RBI Partners with Digital India to Launch Multilingual Banking AI
By Nithya Subramanian | 25/02/2026
The partnership will develop AI language models for banking, aimed at enhancing financial inclusion by enabling services in multiple Indian languages.

Cloud & Infrastructure
RBI Establishes New Data Centre to Fortify Financial System Resilience
By Nithya Subramanian | 24/02/2026
The new high-security facility is strategically located to mitigate seismic and cross-border threats and will serve as a backup to the RBI's primary data centre.

Fraud, Scams & Cybercrime
RBI Monitoring Suspected Fraud Case at IDFC First Bank
By Nithya Subramanian | 24/02/2026
The RBI is closely overseeing the investigation into a INR 5.9 billion fraud at IDFC First Bank, reassuring depositors that their accounts remain secure.

Trading & Investment
SEBI Plans Overhaul of Rules for Portfolio Management Services
By Nithya Subramanian | 24/02/2026
SEBI plans to update the PMS framework by June 2026 to encourage stronger internal controls, more disciplined risk management, and investor-focused practices.

Credit Risk
RBI’s Lending Curbs on Bank Funding to Hit Trading Firms
By Nithya Subramanian | 24/02/2026
The RBI’s norms on bank funding for capital market activities are expected to squeeze trading firms, with smaller brokerages seen as most vulnerable.
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