India

    Market Infrastructure

    India’s CCIL Seeks to Revise Default Fund Liability Rules

    By Nithya Subramanian | 09/01/2026

    CCIL has proposed capping clearing members’ default fund replenishment obligations at five times contributions over a rolling 30-day period.

    Capital / Liquidity

    RBI Consults on Prudential Framework for Bank Dividends

    By Nithya Subramanian | 08/01/2026

    The prudential norms will link banks’ dividend payouts to profitability and capital strength, introduce graded payout caps, and tighten oversight of profit remittances.

    Securities / Derivatives

    India Considers Tax Exemption for Sovereign Wealth Funds’ Equity Gains

    By Nithya Subramanian | 07/01/2026

    The proposal to extend tax exemptions to equity investments by SWFs and other long-term funds is expected to revive foreign inflows, following sharp portfolio outflows from Indian markets in 2025.

    AML / KYC

    India’s IFSCA Updates AML/CFT and KYC Framework in GIFT City

    By Nithya Subramanian | 06/01/2026

    The revised guidelines sharpen beneficial ownership thresholds, expanding digital KYC norms and reinforcing a risk-based compliance approach for entities operating in GIFT City and other IFSCs.

    Indian Bank Unions Call Strike Over Five-day Week Demand

    By Editors | 06/01/2026

    Unions cite unfulfilled government promises and a major shift to digital banking, threatening a four-day nationwide banking disruption.

    Capital / Liquidity

    RBI Introduces Revised Framework for Related Party Lending

    By Nithya Subramanian | 06/01/2026

    RBI has set stricter norms for related-party loans, mandating board-approved credit risk policies, and introducing materiality thresholds to enhance governance and prudential controls in banks.

    Securities / Derivatives

    SEBI to Bolster Tech Strategy for MIIs, Develops AI Cyber Safety Tool

    By Nithya Subramanian | 05/01/2026

    SEBI plans a long-term technology roadmap for MIIs and to develop an AI tool to assess cyber resilience.

    Securities / Derivatives

    SEBI Tightens Capital and Operational Norms for Merchant Bankers

    By Nithya Subramanian | 05/01/2026

    SEBI has set higher capital and liquid net worth requirements, capped underwriting exposure, and tightened disclosure norms for merchant bankers.

    ESG / Sustainability

    India Eases Director KYC Rules, Amends Corporate Framework

    By Sanday Chongo Kabange | 02/01/2026

    The MCA has overhauled key rules, including a three-year cycle for director KYC and higher thresholds for small companies.

    ESG / Sustainability

    India Mandates Stricter Vigilance Reporting for State Bank Directors

    By Editors | 02/01/2026

    The finance ministry's directive follows repeated lapses in disclosing adverse information on board-level executives at public sector financial institutions.

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