India

Enforcement

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.

AML / KYC

India to Fast-Track Money Laundering Investigations

By Nithya Subramanian | 24/02/2026

Enforcement Directorate to file 500 chargesheets this fiscal year and target completion of investigations within two years.

Securities / Derivatives

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.

Capital / Liquidity

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.

Securities / Derivatives

India: AIBI Unveils New Initiatives to Strengthen IPO Market

By Nithya Subramanian | 24/02/2026

The investment bankers' association has launched new handbooks and guides aimed at streamlining listings, enhancing investor literacy, and attracting global capital.

ESG / Sustainability

India’s IFSCA, IICA Sign MoU on Corporate Governance

By Nithya Subramanian | 23/02/2026

The partnership will roll out structured training, policy research and capacity-building initiatives aimed at strengthening corporate governance standards at GIFT City.

Fintech / Regtech

RBI Probes UPI Autopay as Court Scrutinises Wider Fraud Risks

By Nithya Subramanian | 23/02/2026

The regulator is examining recurring payment issues, and the Delhi High Court is tackling systemic fraud concerns.

Fintech / Regtech

NPCI, Nvidia Collaborate on Sovereign AI for India’s Digital Payments

By Nithya Subramanian | 20/02/2026

The partnership aims to build a scalable, sovereign AI foundation for real-time digital payments, enhancing security, resilience, and regulatory compliance across platforms like UPI.

Securities / Derivatives

India: Broker Association Urges SEBI to Defer New RBI Lending Curbs

By Nithya Subramanian | 20/02/2026

The industry body warns that raising collateral requirements for proprietary trading will harm market liquidity, while the RBI aims to reduce systemic risk.