CBI 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 articleNCLT Approves 0.03% Recovery Plan in Subhash Chandra Case
The NCLT's approval of a Rs 6.5-crore plan against Rs 22,006 crore in claims highlights critical gaps in personal insolvency frameworks for Indian lenders.
Read articleMSME Bodies Contest RBI Proposed Curbs on NBFC Revolving Credit
Industry bodies warn that proposed RBI restrictions on NBFC revolving credit could increase borrowing costs and trigger a working capital squeeze for Indian MSMEs.
Read articleRBI's Proposed Curb on NBFC Revolving Credit: MSME Funding Impact
The RBI's proposal to restrict NBFCs to term-only loans could force a massive overhaul of credit-line products and digital lending stacks for MSME-focused lenders, potentially impacting MSME funding.
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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