Reserve Bank of India

Cybersecurity

SEBI Preparing for Quantum Safe Financial Sector by 2029

By Nithya Subramanian | 12/10/2025

SEBI has an action plan and capacity-building measures to protect against future quantum threats, including replacing current encryption standards.

Payments & Settlements

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.

Payments & Settlements

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.

Trading & Investment

SEBI to Review Securities Lending Rules to Boost Cash Market Liquidity

By Editors | 09/10/2025

The regulator is reviewing the process and design of its SLB mechanism, which has seen limited traction compared to the more popular futures market for shorting.

Tokenisation

RBI Launches Wholesale Deposit Tokenisation Pilot

By Mark Johnston | 09/10/2025

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

Payments & Settlements

India Launches Foreign Currency Settlement System at GIFT IFSC

By Nithya Subramanian | 08/10/2025

The new system allows IFSC Banking Units to locally settle USD transactions, cutting reliance on overseas banks and strengthening the hub’s global status.

Credit Risk

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.

Structural Regulation

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.

Trading & Investment

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.