India

Payments & Settlements

Indonesia Eyes QR Payments Link with China, Korea by 2026

By Mark Johnston | 24/11/2025

Bank Indonesia expects to conclude negotiations next year to expand its QRIS payment standard to East Asia and India.

Payments & Settlements

India’s NPCI Tightens Scrutiny of UPI Third-party Apps

By Nithya Subramanian | 23/11/2025

The UPI operator is raising compliance requirements for third-party apps amid concerns over governance lapses and rising regulatory scrutiny.

PEPs & Sanctions

US Imposes Sanctions on Iran Oil Network Including India Targets

By Manesh Samtani | 23/11/2025

The targets include Mumbai-based RN Ship Management Private Limited and its two leaders over shipments of Iranian oil.

Payments & Settlements

RBI Extends Deadline for Realising Export Proceeds to 15 Months

By Nithya Subramanian | 23/11/2025

The RBI has eased export compliance rules by extending the period for realising export proceeds to 15 months and widening related time-limit extensions to three years.

Data Privacy

India Notifies Final Digital Personal Data Protection Rules

By Nithya Subramanian | 21/11/2025

India has notified the Digital Personal Data Protection Rules 2025, establishing detailed compliance obligations and strengthened privacy safeguards.

Payments & Settlements

ECB, RBI Move Ahead on Linking TIPS with India’s UPI

By Nithya Subramanian | 21/11/2025

The ECB and RBI have approved the next phase of work to link its TIPS instant payments system with India’s UPI to make cross-border remittances faster and cheaper.

CBDCs

Age of Empires: ASEAN Plays Vital Role Amid Global Power Games

By Nathan Lynch | 21/11/2025

ASEAN nations are positioning themselves as a neutral bridge between China and the US, as geopolitical upheaval and sanctions continue to fragment global trade and financial services.

CBDCs

IMF Report: CBDC Competitive Impact Hinges on Market Structures

By Manesh Samtani | 21/11/2025

New paper offers a framework for central banks, finding a CBDC's effect varies from high in unregulated markets to limited where public payment systems exist.

Structural Regulation

India Moves to Permit Multi-Disciplinary Firms and Strengthen Audit Regulator

By Mark Johnston | 20/11/2025

The Ministry of Corporate Affairs has finalised plans to enable cross-profession partnerships and segregate the financial regulator’s investigative and disciplinary functions.