Reserve Bank of India

Fintech / Regtech

RBI Cautions Against Tech-led Disruptions in Financial Systems

By Ajoy K Das | 01/07/2024

Cyber hazards, climate change and global spillovers offer challenges to financial stability, said the RBI governor.

Fintech / Regtech

RBI Working to Improve Data and AI Capabilities

By Ajoy K Das | 29/06/2024

A current focus for the RBI is on enhancing capacity in AI and machine learning techniques and analysing unstructured textual data.

AML / KYC

SEBI Seeking to Ease Access to Sovereign Bonds for FPIs

By Editors | 28/06/2024

SEBI is looking to eliminate many of its information requirements, such as disclosure of investor group and beneficial ownership.

Capital / Liquidity

RBI Revises Framework for Currency Swap With SAARC Countries

By Ajoy K Das | 28/06/2024

The new window under this framework offers concessions to support swap in Indian rupees. The total corpus for this support amounts to USD 3 billion.

Capital / Liquidity

RBI Revises Priority Sector Lending Guidelines for Banks

By Ajoy K Das | 24/06/2024

The revisions aim to encourage banks to incentivise lending in underserved areas and discourage lending in districts with already high loan sizes.

Fintech / Regtech

Indian Banks Delayed in Joining Bharat Bill Pay System

By Ajoy K Das | 21/06/2024

Several major banks have not yet gone live on the BBPS despite a 30 June deadline for credit card payments to be processed on the interface.

Securities / Derivatives

SEBI Extends Ban on JM Financial to One Year

By Ajoy K Das | 21/06/2024

SEBI initially barred JM Financial in March from acting as lead manager for any new public issue of debt for 60 days. The ban is extended until 31 March 2025.

Fintech / Regtech

RBI Invites Applications for Recognition as NBFC Sector SROs

By Ajoy K Das | 20/06/2024

SROs will be expected to develop standards for NBFCs, implement suitable surveillance, and share sectoral information with the RBI.

Securities / Derivatives

SEBI Mulls Measures to Contain Derivatives Trading Risks

By Ajoy K Das | 19/06/2024

SEBI is considering raising options margin requirements, enhancing disclosures, and changing brokers’ fee structures, among other measures.