India

Payments & Settlements

India Panel Calls for Tiered UPI Charges to Ensure Sustainability

By Nithya Subramanian | 16/03/2026

A parliamentary committee has recommended a tiered fee structure for UPI to address financial viability and cybersecurity risks.

Emerging Prudential Risks

India Unveils New Stabilisation Fund to Shield Economy from Shocks

By Nithya Subramanian | 16/03/2026

The Ministry of Finance has announced plans to set up an Economic Stabilisation Fund to shield its economy from global shocks, rising energy costs, and trade disruptions.

Clearing & Post-Trade

India, EU Still Disagree on CCP Oversight Despite MoU Signing - Report

By Manesh Samtani | 16/03/2026

The January agreement is contingent on the EU addressing India’s concerns over the extraterritorial oversight of its CCPs in the next EMIR review.

Cryptocurrency

India Tax Authorities Probe Crypto Payments to Moonlighting Professionals

By Nithya Subramanian | 16/03/2026

The investigation focuses on undeclared overseas crypto income as India expands reporting rules for digital assets and cross-border tax compliance.

Fraud, Scams & Cybercrime

India Freezes Over 90 Accounts in IDFC First Bank Fraud Probe

By Editors | 16/03/2026

The case involves the alleged siphoning of government funds through shell firms, bogus billing, and with the assistance of former bank employees.

Liquidity Risk

SEBI Sets Framework for Intraday Borrowing by Mutual Funds

By Nithya Subramanian | 16/03/2026

SEBI has removed the percentage-based cap for intraday borrowing, introducing new conditions to help funds manage liquidity mismatches.

Trading & Investment

SEBI Proposes Simpler Rules for Securities Transmission

By Nithya Subramanian | 15/03/2026

The proposals aim to ease the process for heirs by raising claim limits and standardising documentation for financial institutions.

Anti-Money Laundering

India Unveils EASE 8.0 Reform Agenda for State-Owned Banks

By Editors | 13/03/2026

The new framework directs public sector banks to enhance customer experience, data analytics, and responsible banking, including a focus on ESG.

Fraud, Scams & Cybercrime

New 'Digital Lutera" Malware Bypasses UPI Security in India - Reports

By Nithya Subramanian | 13/03/2026

A cybersecurity firm has detailed a new attack method, Digital Lutera, that circumvents SIM-binding, enabling large-scale fraud on India’s digital payments network.