India

Structural Regulation

SEBI Proposes to Raise Threshold for Granular Disclosures by FPIs

By Editors | 19/01/2025

The higher threshold will reduce the number of FPIs that are subject to granular disclosure requirements thereby lowering regulatory burden and compliance costs

Payments & Settlements

NPCI Signs Partnership to Enable UPI Payments in UAE

By Editors | 18/01/2025

NPCI’s international arm signed an agreement with payment solutions provider Magnati to enable QR-based UPI merchant payments through POS terminals across the UAE.

Payments & Settlements

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.

Market Abuse

SEBI Settles Case Against 10 Over TV Stock Recommendations

By Nithya Subramanian | 17/01/2025

Among those that settled were SAAR Securities, along with one of its directors, and two directors of the firm’s commodities unit.

Cryptocurrency

Crypto Exchange Bybit Suspends Services in India

By Mark Johnston | 14/01/2025

Bybit temporarily suspended its trading and account registration services in India until it secures registration with FIU-IND

Credit Risk

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

Trading & Investment

India Considers Ending Ban on Trading in Seven Agri-Derivatives

By Nithya Subramanian | 13/01/2025

A government panel has recommended ending a ban on futures trading in seven agricultural commodities imposed in 2021

Structural Regulation

SEBI Issues Guidelines for Research Analysts, Investment Advisers

By Editors | 10/01/2025

RAs and IAs must disclose the extent of AI usage in their offerings and ensure data security and compliance with applicable rules.

Payments & Settlements

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.