India

Payments & Settlements

Bank Indonesia Joins Nexus Project to Strengthen Cross-Border Payments

By Nithya Subramanian | 04/02/2026

Joining the BIS-led initiative will help lower costs, improve speed and expand access to international transfers by linking domestic instant payment systems across borders.

Structural Regulation

India’s IFSCA Tightens Fund Management Rules, Eases Norms for KMPs

By Nithya Subramanian | 04/02/2026

The GIFT City regulator has rolled out amendments aimed at easing compliance for fund managers, while strengthening requirements around capital thresholds, scheme validity and governance.

Trading & Investment

India’s Budget 2026 Raises Derivatives Trading Taxes to Curb Speculation

By Nithya Subramanian | 03/02/2026

The government has increased transaction taxes on equity derivatives to rein in speculative trading, a move that has raised questions over liquidity, hedging costs and investor participation.

Trading & Investment

SEBI’s Corporate Bond Liquidity Window Struggles to Gain Traction

By Nithya Subramanian | 03/02/2026

Despite SEBI’s bid to enhance secondary market liquidity, issuers have largely shunned the corporate bond liquidity window amid strict norms and limited incentives.

Fraud, Scams & Cybercrime

India Dismantles Cybercrime Rings Laundering Millions via Crypto, Real Estate

By Editors | 03/02/2026

Indian agencies, with FBI and Interpol support, have raided networks using call centres and crypto to defraud international victims.

Trading & Investment

ISDA Spotlights Constraints on Using Derivatives in Pension Funds

By Manesh Samtani | 03/02/2026

New paper details restrictive rules in China and India, while noting widespread use of swaps and forwards in Australia and South Korea.

Structural Regulation

SEBI Clears NSE IPO After Nearly Nine-year Wait

By Nithya Subramanian | 02/02/2026

The regulator has granted NSE a no-objection certificate after years of scrutiny over governance lapses, co-location practices, and ownership concerns.

Structural Regulation

India Expands Market Access for EU Banks Under New FTA

By Nithya Subramanian | 02/02/2026

European banks will be allowed to open up to 15 branches in India over four years, alongside provisions permitting 100 percent FDI in insurance and 74 percent in banking services.

Structural Regulation

India's Economic Survey Proposes Sweeping Financial Reforms, New Securities Code

By Nithya Subramanian | 02/02/2026

The Economic Survey, tabled in Parliament, calls for a new Securities Market Code, a corporate bond market overhaul, and cautious governance of AI in finance.