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 final directions on Credit Valuation Adjustment Framework for Commercial Banks The Reserve Bank of India ("RBI") has issued the Reserve Bank of India (Commercial Banks – Credit Valuation Adjustment Framework) Directions, 20

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 releases data on Lending and Deposit Rates of Scheduled Commercial Banks The Reserve Bank of India ("RBI") has released data on lending and deposit rates of Scheduled Commercial Banks (SCBs) for September 2026. The weighted averag

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 Basel-III directions on Minimum Capital Requirements for Market Risk The Reserve Bank of India ("RBI") has issued the Reserve Bank of India (Commercial Banks - Minimum Capital Requirements for Market Risk) Directions, 2026,

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 cancels registration of eight NBFCs following voluntary surrender of CoR The Reserve Bank of India ("RBI") has announced that eight Non-Banking Financial Companies ("NBFCs") have surrendered their Certificates of Registration ("CoR"

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 invites comments on Draft KYC Amendment Directions for handling Money Mule Accounts and Cyber Fraud The Reserve Bank of India ("RBI") has invited public comments on the draft Reserve Bank of India (Know Your Customer) Amendment Dire

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 releases Scheduled Commercial Banks’ Lending and Deposit Rate Data for August 2026 The Reserve Bank of India ("RBI") has released data on lending and deposit rates of Scheduled Commercial Banks (SCBs) for August 2026. The Weighted

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 launches Cyber Suraksha Portal to Strengthen Cybersecurity Awareness The Securities and Exchange Board of India ("SEBI") has launched the Cyber Suraksha Portal, a centralised platform aimed at strengthenin

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 proposes Revised Advertisement Code for Online Bond Platform Providers The Securities and Exchange Board of India ("SEBI") has issued a consultation paper proposing revisions to the Advertisement Code appl

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 cancels registration of four NBFCs following voluntary surrender of CoR The Reserve Bank of India ("RBI") has cancelled the Certificates of Registration ("CoR") of four Non-Banking Financial Companies ("NBFCs") after they voluntar

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