Reserve Bank of India

Tokenisation

RBI Unveils Platform to Tokenise Financial Assets Using CBDC

By Nithya Subramanian | 17/10/2025

The new Unified Markets Interface (UMI) architecture aims to modernise India’s markets through blockchain-based settlement and greater efficiency.

Payments & Settlements

India's New Cheque Clearing System Faces Teething Problems

By Editors | 15/10/2025

A bank employees' union has flagged software glitches and inadequate training, leading to delays and increased workloads during the Diwali season.

Payments & Settlements

RBI Allows Rupee Lending to Bhutan, Nepal, and Sri Lanka

By Nithya Subramanian | 15/10/2025

The move to permit rupee lending across borders underscores a push to enhance regional financial integration and reduce dollar dependence in South Asia.

Payments & Settlements

RBI Allows Exporters to Hold Foreign Currency Accounts in IFSCs

By Nithya Subramanian | 14/10/2025

The amendment also clarifies timelines for repatriation of export proceeds and formally brings IFSCs under the FEMA framework.

Payments & Settlements

RBI Launches Digital Payment Innovations, Integrating AI and IoT with UPI

By Nithya Subramanian | 14/10/2025

New platforms include AI-powered customer support, frameworks for IoT and wearable payments, multi-signatory approvals for businesses, and a new system for managing credit lines directly on the UPI network.

Cryptocurrency

India Launches Crackdown on Crypto Tax Evasion via Binance

By Nithya Subramanian | 14/10/2025

Tax authorities said some wealthy individuals used overseas remittances under RBI’s LRS framework to fund undeclared crypto trades on foreign exchanges such as Binance.

Conduct, Culture & Accountability

RBI Proposes Major Overhaul of Customer Grievance Framework

By Mark Johnston | 13/10/2025

The RBI has released draft regulations to reform its external and internal ombudsman schemes for financial institutions.

Structural Regulation

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.

KYC & CDD

SEBI to Allow Digital KYC for NRIs, AI-Powered Surveillance for HFT

By Nithya Subramanian | 13/10/2025

Addressing market manipulation and HFT, SEBI is set to introduce a sophisticated, AI-driven predictive surveillance system alongside mandatory "air gap" cybersecurity protocols.