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Fraud, Scams & Cybercrime
India’s FinMin Directs Banks to Adopt 'MuleHunter' AI Tool
By Nithya Subramanian | 04/05/2026
The direction was issued following a major cyber-fraud probe that exposed widespread misuse of mule accounts, including alleged involvement of bank staff, as authorities step up coordination to curb digital financial crime.

Structural Regulation
SEBI Clears Emirates NBD to Take Majority Stake in RBL Bank
By Editors | 04/05/2026
The approval of change of control marks latest regulatory green light for the proposed USD 3 billion acquisition, one of India’s largest cross-border financial sector deals.

Payments & Settlements
India UPI Players Urge Curbs on Google, PhonePe
By Nithya Subramanian | 03/05/2026
A coalition of firms including Amazon and Meta are meeting the NPCI to propose new rules addressing market concentration.

Alternative Markets
SEBI Introduces Fast-Track Route for Alternative Investment Funds
By Nithya Subramanian | 01/05/2026
India’s securities regulator has introduced a fast-track mechanism for AIFs, aiming to accelerate fund launches and capital deployment.

Cybersecurity
India Bars Banks from Using Anthropic's ‘Mythos’ Over Security Fears
By Nithya Subramanian | 01/05/2026
The pre-emptive guidance comes as India negotiates with the US for equitable access to the powerful, unreleased cyber-attack model.

Credit Risk
RBI Overhauls Disaster Relief Credit Rules for Borrowers
By Nithya Subramanian | 01/05/2026
New rules from 1 July allow lenders to automatically apply relief but impose stricter eligibility and a new 5 percent provisioning requirement

Structural Regulation
RBI Finalises New Regulatory and Classification Framework for NBFCs
By Nithya Subramanian | 01/05/2026
The new rules exempt smaller, non-public-facing firms from registration and introduce a formal exit path, effective from 1 July.

Credit Risk
RBI Finalises Revised Lending Norms for Co-operative Banks
By Nithya Subramanian | 30/04/2026
The RBI has set an October deadline for new rules that cap unsecured lending and tighten housing finance terms for urban co-operative banks.

Structural Regulation
SEBI Operationalises Performance Verification Body for Market Intermediaries
By Nithya Subramanian | 30/04/2026
The regulator has set a 4 May start date for its new verification agency, which will validate the performance claims of investment advisers and algo traders.

Operational Risk
RBI Launches 'Mission Saksham' for Co-operative Bank Capacity Building
By Nithya Subramanian | 30/04/2026
India's central bank has launched a nationwide training initiative to enhance governance, compliance and operational resilience across the urban co-operative banking sector.
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