In a landmark development for India’s financial ecosystem, DSP Mutual Fund has launched the country’s first retail offshore fund directly from GIFT City, Gujarat—ushering in a new era of global investing for resident Indians. With a minimum investment threshold of $5,000 (approximately ₹4.2 lakh), this fund...
India’s financial regulatory architecture may be heading for significant change following a pivotal meeting of the Parliamentary Standing Committee on Finance at Parliament House Annexe on July 10, 2025. Representatives from key public sector banks—including SBI, Bank of Baroda, Indian Bank, and Indian Overseas Bank—provided oral...
In one of the largest enforcement drives in recent years, the Securities and Exchange Board of India (SEBI) has launched a wide-ranging investigation into pump-and-dump schemes allegedly executed by over 200 privately listed companies. These entities are suspected of manipulating stock prices through coordinated social media...
RBI Governor Sanjay Malhotra informed the Parliamentary Standing Committee on Finance that 1.12 lakh fake ₹500 currency notes were detected during FY 2024–25, marking a 37% increase from the previous year. While overall counterfeit detection has declined slightly, the surge in high-denomination fakes has raised concerns...
As global momentum around cryptocurrencies surges—largely influenced by U.S. President Donald Trump’s recent support—the Reserve Bank of India (RBI) has confirmed it is closely observing international developments. RBI Governor Sanjay Malhotra briefed the Parliamentary Standing Committee on Finance this week, stating that India’s own crypto policy...
RBI Governor Sanjay Malhotra has clarified that while ₹2,000 denomination notes are no longer in active circulation, they remain legal tender in India. This statement was made during a meeting with the Parliamentary Standing Committee on Finance, addressing growing queries about currency status and counterfeit risks....
As India’s fintech lenders scale their unsecured credit portfolios, many encounter a common roadblock: How do you approve more customers without triggering a spike in defaults? The answer may lie in an often-overlooked tool—Reject Inference. While conventional credit scoring models rely solely on past approved customers,...
The financial system is entering a new phase of complexity and exposure as U.S. banks’ loans to nonbank financial institutions (NBFIs) surpass $1.14 trillion in Q1 2025, according to fresh data from the St. Louis Federal Reserve. Driven by a decade-long average annual growth rate of...
India’s booming fintech sector is increasingly becoming the lender of choice for young, digital-first borrowers, according to a new report by the Fintech Association for Consumer Empowerment (FACE)—a self-regulatory body recognized by the Reserve Bank of India. The report, analyzing credit bureau data from April 2018...
Following its unprecedented action against US-based trading firm Jane Street, SEBI Chairman Tuhin Kanta Pandey has reiterated the regulator’s zero-tolerance policy for market manipulation. Speaking at an industry event in Mumbai, Pandey emphasized that robust surveillance systems and expanded teams are in place to protect market...
In a move aimed at streamlining digital onboarding processes in the financial sector, Registered Intermediaries (RIs) such as brokers, mutual fund houses, and portfolio managers can now use the ‘e-KYC Setu System’ developed by the National Payments Corporation of India (NPCI) for performing Aadhaar-based e-KYC authentication....
In a landmark enforcement move, the Securities and Exchange Board of India (SEBI) has barred US-based trading firm Jane Street from the Indian securities market and impounded ₹4,840 crore—marking one of the largest punitive actions in India’s capital market history. SEBI’s 105-page interim order alleges manipulative...
The Reserve Bank of India (RBI) has raised red flags over potential overvaluation in Indian equity markets, particularly in the small- and mid-cap segments, according to its latest Financial Stability Report (FSR) released in June 2025. The central bank cautioned that current market valuations are diverging...
In a major step toward curbing fraudulent digital lending activity, the Reserve Bank of India (RBI) has officially released a comprehensive whitelist of legal digital lending apps (DLAs) on its website. Featuring over 1,600 apps linked to regulated entities, the initiative aims to promote transparency, empower...
India’s traditional banking fee models—minimum balance penalties, transaction charges, and bundled service pricing—are undergoing a quiet revolution. Enter subscription-based banking, where banks and fintechs now offer flat monthly or annual fees for premium services such as higher interest rates, zero forex markup, airport lounge access, and...
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