1. Regulatory Updates 1.1. India 1.1.1. RBI Governor Meets UPI Stakeholders to Enhance Digital Payment Solutions The Reserve Bank of...

1. Regulatory Updates 1.1. India 1.1.1. RBI directs review of unfair interest charging practices by lenders The Reserve Bank of India...

1. Regulatory Updates 1.1. India 1.1.1. RBI directs Kotak Mahindra Bank to cease new customer onboarding and credit card issuance The...

1. Background 1.1. On April 15, 2024 the Reserve Bank of India (“RBI”) released its notification on the Key Facts Statement (“KFS”) for...

The Reserve Bank of India ("RBI") has noted a growing trend among lending service providers ("LSPs") in offering aggregation services for...

1. Regulatory Updates 1.1. India 1.1.1. RBI releases draft directions on the regulation of Payment Aggregators Reserve Bank of India...

1. Regulatory Updates 1.1. India 1.1.1. RBI to launch a mobile app for retail direct scheme, enhancing access to government securities...

1. Regulatory Updates 1.1.  India 1.1.1. Transition to electronic insurance, IRDAI mandates digital policies from April 01, 2024 Starting...

The Ministry of Corporate Affairs (“MCA”), vide its adjudication order dated April 03, 2024 (“Order”), has levied a penalty amounting to...

1. Regulatory Updates 1.1. India 1.1.1. RBI relaxes norms for investment in AlFs by regulated entities The Reserve Bank of India (“RBI”),...