The Reserve Bank of India introduces new regulations requiring lenders to ensure fair recovery practices, restrict abusive behaviour, and enhance transparency from January 2027, marking a significant shift towards borrower-centric oversight. India’s central bank is tightening the rules around loan…
India’s payments network operator, NPCI, plans to extend its Unified Payments Interface (UPI) beyond borders, targeting up to 20 overseas markets in the next decade by integrating with global platforms and leveraging its large diaspora. India’s payments network operator is…
The Reserve Bank of India has unveiled a revised leverage ratio framework, closely aligned with Basel Committee standards, aiming to strengthen bank capital oversight without reducing existing minimum ratios, with new rules set to take effect in 2027. The Reserve…
Pine Labs reports a substantial rise in revenue and profit in Q1 FY27, driven by increased digital transaction volumes, UPI dominance, and innovative payment solutions, as the company expands internationally and into digital commerce infrastructure. Pine Labs reported a sharper-than-expected…
India’s data breach bill has reached a new high, with costs climbing 15.9% in 2026 amid rising AI-enabled cyber threats, highlighting a shift towards cyber resilience as a crucial financial and strategic concern. India’s data breach bill has surged to…
Experts warn that upcoming changes to merchant discount rates on UPI transactions could lead businesses to pass costs onto consumers via higher prices or fees, with minimal transparency, as government considers liberalising MDR regulations. Payment experts say any future merchant…
The Indian government is weighing a policy shift to reintroduce merchant fees on certain large UPI transactions, marking the biggest change since the fee was abolished in 2019. Officials emphasise safeguards for small transactions, but the move prompts concerns over…
The Reserve Bank of India is on the brink of activating its climate data repository, with a focus on physical risk assessment ahead of transition risk, to better gauge climate-related financial vulnerabilities among banks. The Reserve Bank of India is…
India’s parliament has approved a comprehensive tax and payments law aimed at boosting manufacturing, attracting foreign investment, and evolving the country’s digital financial landscape amid new subsidies and potential transaction fees. India’s parliament has passed a wide-ranging tax and payments…
CRED, the Indian fintech founded in 2018, is evolving beyond simple credit card bill payments by introducing features that incentivise and retain users through a seamless, habit-forming platform, turning a low-engagement task into a comprehensive financial ecosystem. CRED was built…
