RESERVE BANK OF INDIA

Fintech / Regtech

India’s TRAI, RBI Launch Digital Consent Pilot to Curb Spam Calls

By Nithya Subramanian | 23/06/2025

A pilot project will give consumers greater control over promotional communications related to loans and credit cards.

Securities / Derivatives

India’s Audit Regulator Probes IndusInd Bank for Irregularities

By Nithya Subramanian | 23/06/2025

NFRA has sent notices to the current and former auditors of IndusInd Bank, seeking complete audit files from as far back as 2017.

Capital / Liquidity

RBI Finalises Project Finance Rules for Banks, NBFCs

By Manesh Samtani | 20/06/2025

Provisioning norms for under-construction projects are set at 1%, compared to 5% in the draft proposed last year.

Securities / Derivatives

RBI Probes Standard Chartered Over Derivatives Sales

By Nithya Subramanian | 19/06/2025

The RBI is reportedly concerned that some SME clients were not adequately informed of the risks associated with certain derivative products.

Fintech / Regtech

RBI Issues New Framework for Electronic Trading Platforms

By Nithya Subramanian | 18/06/2025

Entities seeking RBI authorisation to operate ETPs must be incorporated in India and have a minimum net worth of INR 50 million.

Securities / Derivatives

RBI Issues Draft Guidelines for Rupee Interest Rate Derivatives

By Nithya Subramanian | 18/06/2025

The consultation proposes expanded access for non-residents, streamlined reporting, and stronger oversight of offshore trades.

Fintech / Regtech

RBI Simplifies KYC Rules for Low-Risk Customers

By Nithya Subramanian | 16/06/2025

Banks can use Business Correspondents to assist with collecting customer self-declarations regarding unchanged KYC details or address updates.

Capital / Liquidity

RBI to Tighten LRS Rules to Prevent Wealth from Moving Overseas

By Editors | 14/06/2025

The RBI plans to tighten its remittance rules to curb the outward movement of passive wealth and protect India’s FX reserves.

Capital / Liquidity

RBI Expands Large Exposure Exemptions to Boost PSL Compliance

By Nithya Subramanian | 12/06/2025

Banks can exclude contributions to NABARD, NHB, SIDBI, and MUDRA from large exposure limits when made to meet Priority Sector Lending targets