RBI

The Reserve Bank of India has officially released a comprehensive draft Master Direction on Prepaid Payment Instruments (PPIs), marking a significant regulatory overhaul designed to streamline the digital payments landscape in India. Issued in April 2026, this draft framework seeks...

The Indian stock market witnessed a sharp sell-off in capital market-linked shares on February 16, 2026, following the Reserve Bank of India’s (RBI) sweeping new directive to tighten bank lending to intermediaries. Shares of BSE Ltd plummeted by nearly...