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RBI FINANCIAL REGULATIONS UPDATE
RBI puts curbs on banks' sale of third-party productsThe Reserve Bank of India has prohibited third-party incentives to employees of regulated entities, while allowing banks and NBFCs to rewar...
RBI releases final guidelines on marketing, sales incentives of financial productsRBI has prohibited third-party incentives to employees of regulated entities for selling financial products, while allowing banks and NBFCs...
Agentic AI adoption drives stronger governance oversight, risk controlsIndia first: Firms prioritise domestic industry guidelines over global frameworks, remain confident on DPDP
Agentic AI adoption drives stronger governance oversight, risk controlsIndian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...
Residents tempted to gatecrash FCNR party for NRIsWealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...
Indian Army Uniforms 2026 Manual: From new winter dress to Bandi jackets and tattoo regulations, all about Army's new dress rulesThe Indian Army has unveiled "Army Uniforms-2026," a new dress code manual introducing a winter uniform, allowing bandi jackets for officer...
Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflowsBanks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...
Tata Sons board meets to approve FY26 accountsThe Board of Tata Sons convened to approve annual accounts and dividend for FY26. Key figures including Group Chairman N Chandrasekaran and...
RBI proposes unified framework for banks' risk, compliance and audit functionsThe Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...
Thailand updates carry-on rules for power banks. Here's what changesNew rules in Thailand now limit power bank sizes and ban them from checked luggage. Passengers can carry power banks up to 100Wh in hand lu...
Kuwait restricts domestic worker recruitment to 10 countries, bans 27 othersKuwait has restricted domestic worker recruitment to 10 approved countries, prohibiting hiring from 27 others under new Interior Ministry r...
ED summoned Zepto founders under FEMA ahead of IPO: Here’s what the updated DRHP revealsQuick commerce platform Zepto disclosed that its founders, Aadit Palicha and Kaivalya Vohra, were summoned by the Enforcement Directorate (...
Global Markets: UK financial regulator softens proposed change to UK money market fund rulesIn May the government said it would impose tougher rules on money market funds, which were hit by heavy redemptions during a COVID-19-ind...
RBI to soon release revised list of upper-layer NBFCs: GovernorThe Reserve Bank of India will soon release an updated list of upper-layer non-banking financial companies. This comes as Tata Sons has req...
RBI approves Sahamati as SRO for Account Aggregator ecosystemThe Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...
RBI says fully prepared to tackle ‘Mythos’ cyber threat; advisories issued to banksWith the looming cybersecurity risks posed by the Mythos platform, the Reserve Bank of India is taking significant precautions. They've alr...
RBI says it is fully prepared for Anthropic's frontier AI model MythosIndia's central bank is fully prepared for Anthropic's advanced AI model, Mythos, despite awaiting final project details. Advisories have b...