Reserve Bank of India

    image

    Capital / Liquidity

    RBI Cuts Interest Rates and Defers New Banking Rules

    By Manesh Samtani | 08/02/2025

    The interest rate cut is the first in nearly five years. Implementation of three major banking regulations will be deferred.

    image

    Crypto / Digital Assets

    MobiKwik, Cred Become First Non-Banks to Offer CBDCs in India

    By Nithya Subramanian | 05/02/2025

    The e-rupee wallets allow users to send funds to and receive funds from other e-rupee wallets as well as regular bank accounts using UPI.

    image

    Fintech / Regtech

    RBI Tightens Penalties Framework for Payment System Offences

    By Nithya Subramanian | 01/02/2025

    The framework includes monetary penalties and compounding offences to tighten compliance in the digital payments sector.

    image

    Capital / Liquidity

    RBI Announces Largest Liquidity Injection Since Pandemic

    By Manesh Samtani | 31/01/2025

    The new measures are aimed at addressing a INR 3 trillion liquidity shortfall caused by the RBI’s own intervention in the FX markets

    image

    Fintech / Regtech

    RBI Directs FIs to Implement Safeguards Against Fraud

    By Nithya Subramanian | 22/01/2025

    The RBI asked banks and other financial institutions to strengthen safeguards against fraud involving mobile numbers

    image

    Capital / Liquidity

    RBI Issues Guidelines for ARCs on Settlement of Dues of Borrowers

    By Nithya Subramanian | 21/01/2025

    The revised guidelines mandate stricter oversight, independent reviews, and enhanced transparency for ARCs in resolving borrower dues

    image

    Capital / Liquidity

    RBI Releases List of Upper Layer NBFCs for 2024-25

    By Mark Johnston | 20/01/2025

    Upper-layer NBFCs are subject to higher capital requirements, stricter governance standards, enhanced disclosure norms and closer supervision

    image

    RBI Eases FEMA Rules to Boost Rupee Use in Cross-border Transactions

    By Nithya Subramanian | 18/01/2025

    The RBI has also signed MoUs with the central banks of UAE, Indonesia and Maldives to encourage the use of local currencies in trade and investment.

    image

    RBI Standardises Framework for Reporting Credit Information

    By Manesh Samtani | 14/01/2025

    Lenders must update credit bureau records every 15 days rather than monthly to ensure borrowers’ financial activities are reflected in credit scores more quickly

    image

    AML / KYC

    India to Implement Payee Name Checking on RTGS, NEFT by April

    By Editors | 05/01/2025

    Banks have until 1 April 2025 to implement the beneficiary account name look-up facility for RTGS and NEFT transfers.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team