Reserve Bank of India

Cryptocurrency

Coinbase Secures Registration with India’s Financial Intelligence Unit

By Nithya Subramanian | 17/03/2025

Coinbase, which was forced to exit the Indian market in 2022, now plans to re-launch retail services later this year.

Operational Risk

NSE Places IndusInd Bank Under Additional Surveillance

By Nithya Subramanian | 14/03/2025

IndusInd Bank is under heightened scrutiny after it disclosed accounting irregularities in its derivatives portfolio.

Structural Regulation

RBI Invites SRO Applicants for Account Aggregator Ecosystem

By Nithya Subramanian | 14/03/2025

The RBI released a framework setting out eligibility criteria, governance structures and responsibilities for the proposed SRO-AA.

Trading & Investment

RBI Expands Oversight of Offshore Interest Rate Derivatives

By Nithya Subramanian | 12/03/2025

RBI has asked lenders to expand reporting of offshore interest rate derivative trades with hopes of bringing more trades onshore.

Supervision & Enforcement

India Probes Paytm Over Foreign Exchange Rule Violations

By Nithya Subramanian | 05/03/2025

The Enforcement Directorate said Paytm didn’t file the necessary reports with the RBI for foreign investment in Singapore, among other violations.

KYC & CDD

RBI Imposes Penalty on HSBC for Regulatory Violations

By Nithya Subramanian | 04/03/2025

The RBI said HSBC violated KYC norms, failed to report unhedged foreign currency exposures, and opened savings deposit accounts for ineligible entities.

Capital Adequacy

RBI Lowers Risk Weights for Bank Loans to NBFCs, Microfinance Loans

By Nithya Subramanian | 27/02/2025

The RBI restored the risk weights applicable to microfinance loans and to bank exposures to NBFCs to pre-November 2023 levels.

Trading & Investment

RBI Issues Final Guidelines for Forward Contracts in G-Secs

By Nithya Subramanian | 26/02/2025

Effective 2 May 2025, the guidelines establish a regulatory framework for forward contracts in the OTC market involving G-Secs.

Credit Risk

RBI Proposes New Limits on Penalties for Loan Pre-payments

By Nithya Subramanian | 25/02/2025

The RBI has proposed new regulations to prohibit foreclosure charges and pre-payment penalties on floating rate loans for micro and small enterprises.