Reserve Bank of India

CBDCs

BIS: Public Payment Systems Boost Welfare But Could Raise Merchant Fees

By Manesh Samtani | 14/11/2025

A new BIS paper finds public options like CBDCs can improve financial inclusion but may disintermediate banks and increase merchant fees.

Payments & Settlements

RBI Recognises First SRO for Payment System Operators

By Nithya Subramanian | 13/11/2025

The RBI has granted recognition to the Self‑Regulated PSO Association (SRPA) as a self-regulatory organisation for payment system operators, aimed at strengthening oversight.

Trading & Investment

India Weighs Allowing Banks into Commodity Derivatives Trading

By Nithya Subramanian | 12/11/2025

SEBI and RBI are considering a framework to allow banks trade commodity derivatives, aiming to boost liquidity and price discovery.

KYC & CDD

India’s Finance Ministry Allows Aadhaar-Based Verification for Central KYC

By Nithya Subramanian | 11/11/2025

The Indian government has permitted the use of Aadhaar-based authentication through CKYCR to streamline identity verification for regulated financial entities.

Emerging Prudential Risks

World Bank: India’s Financial System is More Resilient, Inclusive

By Nithya Subramanian | 10/11/2025

World Bank report highlights major progress in India’s financial system since 2017, while urging continued reforms to mobilise private capital and strengthen supervision.

Structural Regulation

India Moots Further Public Bank Consolidation

By Mark Johnston | 10/11/2025

Finance Minister Sitharaman confirms discussions with RBI on creating fewer, bigger "world-class" banks and simplifying access to credit.

Reporting & Disclosures

G20 Nations Advance on Climate, Fintech Data Gaps

By Manesh Samtani | 10/11/2025

A new report shows progress on energy and digital money data, but also highlights resource constraints and differing national priorities across economies.

Cybersecurity

SEBI Targets Algo, Cyber Risks; Urges Proactive Controls

By Mark Johnston | 06/11/2025

SEBI chief calls on firms to move beyond checklists to tackle new risks from technology and third-party vendors.

Payments & Settlements

India Fintech Foundation Flags UPI Duopoly, Urges RBI to Act

By Nithya Subramanian | 04/11/2025

The industry body has cautioned that two dominant apps now control most UPI transactions, warning this could threaten competition and the stability of India’s digital payments network.