RBI Extends Overseas KYC Certification for FPIs
The RBI now allows overseas banks and notaries to certify KYC documents for FPIs, reducing friction in cross-border onboarding for Indian financial institutions.
Read articleRBI Evaluates Systemic Risks in NBFC Revolving Credit Facilities
The RBI is conducting a dual-level risk assessment on revolving credit, signaling potential regulatory tightening for NBFC unsecured lending and liquidity frameworks.
Read articleRBI Rejects Tata Sons CIC De-registration: Listing Mandates Firm
The RBI's refusal to de-register Tata Sons as a CIC reinforces the 'Upper Layer' listing mandate for systemic NBFCs, setting a major precedent for Indian conglomerates.
Read articleRBI Mandates Tata Sons Listing: Implications for Upper Layer NBFCs
The RBI's rejection of Tata Sons' bid to avoid public listing sets a rigid precedent for large NBFCs and Core Investment Companies regarding regulatory compliance.
Read articleIBBI Proposes Zero Voting Share for Related Parties in Debt Plans
IBBI plans to exclude related parties of personal guarantors from voting on repayment plans, preventing dilution of institutional lender power during insolvency proceedings.
Read articleRBI Draft SOP: Standardizing Debit Holds for Cyber Fraud Accounts
The RBI’s draft SOP mandates strict timelines for banks to identify, notify, and resolve debit holds on suspicious money-mule accounts, shifting from discretionary to regulated workflows.
Read articleIRDAI Imposes ₹1 Crore Penalty on ICICI Lombard General Insurance
IRDAI penalises ICICI Lombard ₹1 crore following a 2019 inspection, highlighting the long-tail risks of regulatory audits and the need for robust historical data trails.
Read articleITAT Ruling Reinforces IBC Clean Slate Principle for BFSI M&A
The ITAT ruling in the IndusInd General Insurance case confirms that legacy tax liabilities are extinguished post-NCLT approval, reducing risks for distressed asset acquirers.
Read articleCBI Files ₹1,322-Crore Fraud Case Against Essel Group Chairman
The CBI has booked Subhash Chandra following a complaint by LIC Housing Finance regarding alleged cheating and criminal conspiracy in high-value loan accounts.
Read articleDraft Foreign Investment Rules 2026: The Governance Shift for BFSI
India's Draft Foreign Investment Rules 2026 redefine 'control' through governance rights, impacting capital structures for banks, NBFCs, and financial institutions.
Read articleNBFCs Seek RBI Clarity on TRAI 1600 Series for Debt Recovery
NBFCs have approached the RBI to clarify if debt recovery calls qualify for the 1600 numbering series, addressing concerns over high call-blocking rates by customers.
Read articleRBI Permits UCBs to Acquire Equity in IDPIC for Fraud Intelligence
The RBI now allows Urban Co-operative Banks to acquire equity in IDPIC, granting them access to the national digital payment fraud intelligence network.
Read articleRBI Proposes New Framework for Digital Payment Authentication
The central bank moves beyond SMS OTP with a principle-based authentication framework.
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