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Fintech / Regtech
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.
Capital / Liquidity
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.
ESG / Sustainability
India’s IFSCA Sets Norms for Appointing Independent Directors at MIIs
By Nithya Subramanian | 14/10/2025
The new framework requires PIDs to have expertise across capital markets, mandates regulator approval for all appointments, and introduces annual performance reviews.
Capital / Liquidity
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.
Fintech / Regtech
NPCI, Razorpay, OpenAI Team Up to Pilot ‘Agentic Payments’
By Nithya Subramanian | 14/10/2025
In this initiative, AI and UPI converge in a bid to make digital payments more intuitive and inclusive, enabling secure, user-authorised transactions powered by intelligent assistants.
Securities / Derivatives
SEBI Eases Disclosure Rules for Minor Related Party Transactions
By Nithya Subramanian | 14/10/2025
The relaxed disclosure norms reduce compliance burden on listed firms while maintaining transparency safeguards.
Fintech / Regtech
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.
Crypto / Digital Assets
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.
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.
Securities / Derivatives
SEBI Streamlines Penalty Framework for Stock Brokers
By Nithya Subramanian | 13/10/2025
SEBI replaces ‘penalties’ with ‘financial disincentives’ for minor lapses, introduces caps on fines, and ensures uniform enforcement across exchanges.
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