India

Anti-Money Laundering

India’s ED Pivots to Crypto and Cybercrime Amid Enforcement Surge

By Editors | 05/05/2026

The Enforcement Directorate is shifting its focus to crypto and cybercrime, following a sharp increase in enforcement actions in the 2025-26 financial year.

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.