India

KYC & CDD

RBI Proposes Measures to Help Address Dormant Bank Accounts

By Nithya Subramanian | 27/05/2025

Banks must offer KYC update services at all branches and through video verification, while also enabling Business Correspondents to assist in the process.

Capital Adequacy

RBI Proposes New Capital-Raising Pathways for UCBs

By Mark Johnston | 26/05/2025

RBI unveils new capital-raising avenues for urban co-operative banks, while also boosting transparency and market accessibility.

KYC & CDD

SEBI Mandates Inclusive Digital KYC for Users With Disabilities

By Mark Johnston | 26/05/2025

SEBI has mandated that digital KYC processes be made accessible for persons with disabilities to ensure equal access to financial services.

Cryptocurrency

India Supreme Court Presses Government on Crypto Regulation

By Nithya Subramanian | 22/05/2025

The top court criticised the government for taxing crypto at 30 percent without putting in place corresponding regulation.

KYC & CDD

SEBI Warns Mauritius-Based Funds for Lack of Cooperation

By Nithya Subramanian | 22/05/2025

Two Mauritius-based funds tied to the Adani Group could face potential penalties and license cancellations over their failure to disclose shareholder details.

Structural Regulation

SEBI Tightens Internal Audit Norms for Market Infrastructure Institutions

By Nithya Subramanian | 21/05/2025

SEBI revised the norms for internal audit mechanisms and audit committee composition of stock exchanges, clearing corporations, and depositories.

Market Abuse

SEBI Probes IndusInd Bank Officials for Suspected Insider Trading

By Nithya Subramanian | 21/05/2025

IndusInd Bank employees were allegedly involved in selling stock options while being aware of undisclosed accounting lapses.

Credit Risk

RBI to Relax AIF Investment Norms for Regulated Entities

By Nithya Subramanian | 21/05/2025

The draft norms propose a 10% cap on an RE’s investment in any AIF scheme, along with conditional provisioning requirements.

Payments & Settlements

RBI Urges Banks to Boost Activity in Call Money Market

By Mark Johnston | 20/05/2025

RBI urges banks to boost call money market to ensure monetary policy changes effectively influence borrowing costs.