We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India 1.1.1. RBI issues Draft amendment directions on Securitisation Transactions The Reserve Bank of India ("RBI") has issued draft amendment directions relating to securitisation transactions applicable to Commercial Banks, Small Finance Banks (

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India 1.1.1. RBI issues Draft Foreign Investment Rules, 2026 to rationalise existing NDI Framework The Reserve Bank of India ("RBI") has released the draft Foreign Exchange Management (Foreign Investment) Rules, 2026 for public consultation, propo

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India 1.1.1. RBI issues draft amendment directions on Acquisition and Holding of Shares or Voting Rights in Commercial Banks The Reserve Bank of India ("RBI") has issued the draft Reserve Bank of India (Commercial Banks - Acquisition and Holding

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Securities and Exchange Board of India (SEBI) 1.1.1. SEBI revises norms for utilisation of interest income from Depositories’ Investor Protection Fund The Securities and Exchange Board of India (“SEBI”) has revised the utilisation framework for interest or inc

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. RBI revised application framework for voluntary surrender of NBFC registrations RBI has revised the application form and indicative checklist for voluntary surrender of Certificates of Registration (“CoR”) by Non-Banking Fina

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. RBI issues revised guidelines on Lead Bank Scheme (LBS) The Reserve Bank of India ("RBI") has issued revised guidelines on the Lead Bank Scheme (LBS), superseding earlier instructions, to strengthen coordination among banks,

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. RBI issues amendment directions on Responsible Business Conduct for NBFCs The Reserve Bank of India (“RBI”) has issued the Reserve Bank of India (Non-Banking Financial Companies – Responsible Business Conduct) Second Amendment Directions, 2026, streng

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. RBI nominates Sanjay Lohiya to Central Board The Reserve Bank of India (“RBI”) has announced that the Central Government has nominated Shri Sanjay Lohiya, Secretary, Department of Financial Services, Ministry of Finance, as a Director on the RBI Cent

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. India and Cambodia launch cross-border QR-code payment connectivity The Reserve Bank of India (“RBI”), in collaboration with the National Bank of Cambodia, has launched the first phase of payment systems connectivity between India and Cambodia to enabl

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. Reserve Bank of India issues Amendment Directions introducing cooling-off period for Co-operative Bank Directors The Reserve Bank of India (“RBI”) has issued final Amendment Directions relating to governance of Urban Co-opera

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. Reserve Bank of India (RBI) 1.1.1. RBI invites comments on capital adequacy amendment directions The Reserve Bank of India (“RBI”) has released draft amendment directions on capital adequacy with the objective of aligning Pillar 3 disclosure requirements with the Basel framework. The draft d

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. Reserve Bank of India (RBI) 1.1.1. RBI restores Certificate of Registration of Krishna Capfin Limited The Reserve Bank of India (“RBI”) has restored the Certificate of Registration of Krishna Capfin Limited, a non-banking financial company, with effect from April 17, 2026, pursuant to orders pass

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. Reserve Bank of India (RBI) 1.1.1. RBI issues Foreign Exchange Management (Authorised Persons) Regulations, 2026 The Reserve Bank of India (“RBI”) has issued the Foreign Exchange Management (Authorised Persons) Regulations, 2026, with the objective of rationalising the authorisation and renewal f

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. RBI approves voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd. The Reserve Bank of India (“RBI”) has sanctioned the Scheme of Amalgamation of The Bhavani Sahakari Bank Ltd., Mumbai (Mahara

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. RBI issues consolidated Directions on Digital Payments – E-mandate framework, 2026 The Reserve Bank of India (“RBI”) has issued consolidated Directions on the Digital Payments – E-mandate framework, 2026, bringing together all existing instructions gover

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. RBI issues Amendment Directions on NBFC branch authorisation framework The Reserve Bank of India (“ RBI ”) has issued the Reserve Bank of India (Non-Banking Financial Companies – Branch Authorisation) Amendment Directions, 2026, following its earlier dr

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. Reserve Bank of India (“RBI”) invites comments on the Draft ‘Reserve Bank of India (Branch Authorisation) Amendment Directions, 2026 Based on recommendations from a joint committee (RBI, DFS, IBA, and NABARD) to strengthen last

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. RBI defers implementation of the Amendment Directions on Capital Market Exposures to July 1, 2026, for Commercial Banks & Small Finance Banks Reserve Bank of India (“ RBI” ) has deferred the implementation of its Amendment Di

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. RBI sanctions amalgamation of Bapunagar Mahila Co-operative Bank with Shri Vinayak Sahakari Bank The Reserve Bank of India (“ RBI ”) has sanctioned the voluntary amalgamation of The Bapunagar Mahila Co-operative Bank Ltd., Ah

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. RBI issues Reserve Bank of India – Financial Statements: Presentation and Disclosures – Amendment Directions, 2026 across multiple REs Reserve Bank of India (“ RBI ”) issued 7 (seven) directions amending the financial stateme