India

Credit Risk

India’s IFSCA Proposes Easing Credit Rules for GIFT City Banking Units

By Nithya Subramanian | 17/10/2025

New consultation proposes easing rules on loans to directors and company share buybacks, signalling a relaxation of credit restrictions within GIFT City.

Market Abuse

SEBI Bars 8, Seizes $20M in IEX Insider Trading Case Linked to Regulator

By Editors | 17/10/2025

SEBI alleges a senior power authority official leaked price-sensitive policy information used to make large profits via derivatives.

Tokenisation

RBI Unveils Platform to Tokenise Financial Assets Using CBDC

By Nithya Subramanian | 17/10/2025

The new Unified Markets Interface (UMI) architecture aims to modernise India’s markets through blockchain-based settlement and greater efficiency.

Structural Regulation

SEBI Extends Deadline for Angel Funds to Disclose Allocation Methodology

By Nithya Subramanian | 16/10/2025

The compliance date was moved from 15 October 2025 to 31 January 2026 following representations from the industry.

Payments & Settlements

India's NIPL and NTT DATA Sign Pact to Bring UPI to Japan

By Mark Johnston | 16/10/2025

MOU aims to allow the growing number of Indian tourists in Japan to use the popular mobile payment system.

PEPs & Sanctions

UK Sanctions Russian Oil Giants, Indian and Chinese Firms

By Manesh Samtani | 16/10/2025

A package of 90 new sanctions hits Rosneft, Lukoil, India's Nayara Energy and Chinese terminals in a bid to choke off Russian war funds.

AI Risk & Governance

India Enlists Accounting Body for Sovereign AI Model Development

By Mark Johnston | 16/10/2025

The ICAI will provide financial data from listed companies to support the nation's sovereign AI ambitions.

Payments & Settlements

India's New Cheque Clearing System Faces Teething Problems

By Editors | 15/10/2025

A bank employees' union has flagged software glitches and inadequate training, leading to delays and increased workloads during the Diwali season.

Payments & Settlements

RBI Allows Rupee Lending to Bhutan, Nepal, and Sri Lanka

By Nithya Subramanian | 15/10/2025

The move to permit rupee lending across borders underscores a push to enhance regional financial integration and reduce dollar dependence in South Asia.