ADVERTISEMENT

Capital / Liquidity
RBI Releases List of Upper Layer NBFCs for 2023-24
By Mark Johnston | 14/09/2023
Under the new regulatory framework, the 15 upper layer NBFCs will be subject to heightened regulatory requirements for a minimum of five years.

RBI Sets 30-day Deadline for Lenders to Return Property Documents
By Mark Johnston | 13/09/2023
The RBI directed regulated entities to release all original property documents to customers within 30 days after personal loans are fully repaid.

Crypto / Digital Assets
G20 Endorses Crypto Regulatory Roadmap, India Unlikely to Impose Ban
By Manesh Samtani | 12/09/2023
The G20 finance ministers and central bank governors will meet again next month to take the IMF-FSB crypto regulatory roadmap forward.

Capital / Liquidity
RBI Announces Decision to Discontinue I-CRR Requirement
By Editors | 11/09/2023
25% of the I-CRR was released on Saturday. Another 25 percent will be released on 23 September. The remaining 50 percent will be released on 7 October.

Fintech / Regtech
RBI Governor Launches New Features on UPI System
By Editors | 08/09/2023
The new features include voice-enabled payments, offline transfers, and NFC-enabled QR code payments.

Crypto / Digital Assets
RBI Seeking to Develop More Use Cases for CBDC
By Editors | 07/09/2023
The RBI plans to start allowing the use of CBDC in the call money market, which is used for short-term interbank borrowing.

Market Infrastructure
RBI, ESMA Close to Resolving Stand-Off Over CCPs – Report
By Manesh Samtani | 07/09/2023
Discussions regarding MoUs between the RBI and ESMA are reported to be progressing more smoothly and regularly.

Fintech / Regtech
RBI Calls on Fintech Industry to Establish Self-Regulatory Body
By Editors | 07/09/2023
The RBI’s Shaktikanta Das and T Rabi Sankar said an SRO would be the best way to regulate the fintech industry and establish best practice standards.

Fintech / Regtech
RBI Permits Banks to Use UPI With Credit Lines
By Sanday Chongo Kabange | 05/09/2023
Scheduled commercial banks can now transfer funds to and from credit lines through the UPI system.

AML / KYC
Indian Banks Working on New Industry Platform to Combat Fraud – Report
By Editors | 30/08/2023
The platform will enable banks to share real-time information that can be used to stop digital fraud and trace the funds.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team