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DIGITAL BANKING LAW INDIA
Govt to move amendments to IT Act to pave way for levy of MDRET was the first to report on July 16 that the government could reintroduce MDR on UPI transactions for large merchants. This has been an i...- EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...
- Representatives of social media platforms like Google, Meta appear before parliamentary panel on ITA parliamentary panel convened a meeting with social media platforms to address regulatory matters, which was also attended by government o...
- New Tax Bill sweetens deal for electronics makers, global investorsThe Taxation and Other Laws Amendment Bill, 2026 proposes extending electronics tax incentives until 2041, easing rules for foreign investo...
- Govt tables Bankers' Books Evidence Bill 2026 in Lok SabhaA new bill was introduced in the Lok Sabha to update banking evidence laws. This legislation will recognize digital and virtual bank record...
- Companies may soon get to retain legal identity in flipbacksA parliamentary panel proposes a new statutory framework for inward re-domiciliation. This would allow overseas companies to migrate to Ind...
- Banks propose 'Yes-No' prompt for high-risk UPI transfers to curb digital payment fraudsIndian banks are proposing payment app prompts to curb rising digital frauds. This aims to balance fraud prevention with maintaining digita...
- India’s BRICS Presidency gathers momentum with key Ministerial meets early AugustIndia will host several BRICS ministerial meetings over the next two weeks. These meetings precede the major summit scheduled for September...
- UAE freezes 'Desi Bling' star Satish Sanpal's assets over money laundering probeBesides the financial services accounts and digital wallets of Satish, the FIU freezing order, issued about a fortnight ago, extends to acc...
- UPI hits record Rs 29.9 lakh crore in July, 23.66 billion transactionsUPI transactions reached a new high of Rs 29.9 lakh crore in July. The volume of these transactions also saw a significant increase during ...
- Maldives launches Favara-UPI payment service with IndiaMaldives has launched real-time fund transfers to India using UPI. This integration connects Maldives' Favara system with India's popular p...
- IT Secretary says protest takedowns lawful, eyes more teeth for digital user rightsIn an exclusive interview, Krishnan said the Centre is also mulling ways to give more teeth too individuals against harms on social media, ...
- Delhi govt to provide property Aadhaar cards; bring Land Records Bill: CM Rekha GuptaDelhi government is preparing the Land Records Bill, 2026 for property Aadhaar cards. A scientific survey of every property will be conduct...
- Reckitt's India business grows in high single-digitReckitt reported high single-digit growth for its India business during the April-June quarter. Germ protection, intimate wellness, and hou...
- The evolution of mobile banking apps into financial operating systemsMobile banking apps now serve as primary financial interfaces for millions. Consumers expect a single platform for all their financial need...
- CCI clears Go Digit Infoworks merger with insurer; Fairfax entity to hold 57.28% stakeThe Competition Commission of India approved Go Digit Infoworks' merger with Go Digit General Insurance. This transaction will see Go Digit...
- Supreme Court pushes Centre to define 'digital arrest' as standalone crime with tougher punishment amid rising deepfakes, frauds & fake callsSC on digital arrest: The Supreme Court suggested defining digital arrests as a standalone criminal offense. Existing laws may prove insuff...
- Saturday bank holiday: Are banks open or closed today on July 25, 2026?Banks across India will remain closed on Saturday? Reserve Bank of India guidelines mandate banks close on second and fourth Saturdays. Dig...
- Text message scams jump 146% in India amid rise in scam-led digital fraud: ReportText message-based scams in India have surged 146 per cent, highlighting a sharp shift in the country's digital fraud landscape towards sca...
- House panel seeks periodic review of competition law framework, cites repeated violations of rulesA parliamentary panel recommended reviewing competition law for the digital sector. It called for vigorous enforcement of monetary penalty ...
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