Category: Regulatory News

The Reserve Bank of India (RBI) has updated its Alert List by adding seven more unauthorised forex trading platforms, warning users not to trade or invest through them. The newly added entities include Starnet FX, CapPlace, Mirrox, Fusion Markets, Trive, NXG Markets, and Nord FX.

The Reserve Bank of India (RBI) has concluded a sweeping consolidation of its regulatory framework, merging 9,445 circulars into just 244 master directives, organized function-wise across 11 categories of regulated financial entities. The central bank described the exercise as an effort to enhance clarity and remove layers of overlapping guidance that had accumulated over eight…

The Directorate of Enforcement (ED), Bhopal Zonal Office, has provisionally attached domestic immovable properties belonging to Advantage Overseas Private Limited (AOPL), its directors/guarantors, and key promoter and significant beneficial owner Shrikant Bhasi under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.

Starting November 1, 2025, customers of State and Central Co-operative Banks can file complaints directly under RBI’s Integrated Ombudsman Scheme. This move ensures faster, fairer, and uniform grievance redressal across commercial banks, NBFCs, RRBs, and now co-operative banks.

RBI has linked the FX-Retail platform with Bharat Bill Payment System (Bharat Connect), allowing customers of SBI, ICICI, Axis, Federal, and Yes Bank to purchase US dollars directly through apps like CRED and Mobikwik or internet banking. This makes forex transactions faster, transparent, and more accessible for retail users.

The Reserve Bank of India has released the indicative calendar for State and Union Territory market borrowings in October–December 2025, projecting Rs. 2,81,865 crore through weekly auctions. Final amounts and participants will be confirmed 2–3 days before each auction, based on requirements, approvals, and market conditions.

The Reserve Bank of India has picked the Finance Industry Development Council (FIDC) to act as a self-regulator for Non-Banking Financial Companies (NBFCs). This means FIDC will help set rules, improve standards, and act as a link between NBFCs and RBI. Two other applicants were rejected for not meeting the requirements.

Speaking at a seminar in Pune, RBI called on Urban Cooperative Banks (UCBs) to focus on governance, accountability, risk management, and responsible technology adoption.

RBI’s new draft rules could stop banks from giving easy loans to their own promoters, directors, and group companies. The move means stricter board approvals, more transparency, and fewer chances of powerful insiders bending the rules. For the public, this could mean safer banks and fewer NPAs.

If you were planning to check your portfolio or make a trade today, you’ll have to wait a little longer. Both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) are closed on Thursday, October 2, 2025, as the country observes Gandhi Jayanti and Dussehra.That means there will be no action in equities,…