RegTrac Blog https://regtrac.cashlessconsumer.in/blog/ Per-regulator briefs on India's statutory financial regulators. en-in Tue, 10 Nov 2026 02:17:47 +0000 Reserve Bank of India — what changed, and what to watch https://regtrac.cashlessconsumer.in/blog/brief-rbi.html https://regtrac.cashlessconsumer.in/blog/brief-rbi.html Mon, 09 Nov 2026 00:00:00 +0000 RBI RBI: The oldest and most powerful financial regulator in India — and the one that touches the most people. The RBI licenses and supervises banks, NBFCs and payment systems, sets interest-rate policy… One rulebook for the money movers — RBI consolidates cyber rules for non-bank payment operators https://regtrac.cashlessconsumer.in/blog/2026-11-09-rbi-nonbank-pso-cyber-rulebook.html https://regtrac.cashlessconsumer.in/blog/2026-11-09-rbi-nonbank-pso-cyber-rulebook.html Mon, 09 Nov 2026 00:00:00 +0000 RBI On 5 November 2026 the Reserve Bank of India issued the Master Directions on Cyber Resilience and Digital Payment Security Controls for non-bank Payment System Operators (RBI/DPSS/2026-27/475), folding three earlier instruments into one rulebook with a six-hour incident-reporting clock, annual system audits, and consumer-facing controls such as a 12-hour cooling period after a registered mobile number or email change. The court reads the draft — RBI's KYC rulebook now answers to the Supreme Court https://regtrac.cashlessconsumer.in/blog/2026-11-02-sc-supervises-rbi-kyc.html https://regtrac.cashlessconsumer.in/blog/2026-11-02-sc-supervises-rbi-kyc.html Mon, 02 Nov 2026 00:00:00 +0000 RBI Hearing the suo motu digital-arrest fraud case on 29 October 2026, the Supreme Court paused before issuing its own directions to examine RBI's proposed KYC Amendment Directions, 2026 — attaching a compensation floor of not less than the amount lost where a bank's due diligence fails, hard dates (notify by 30 November, operational by 31 December) and a demand for the full list of covered institutions. Insolvency and Bankruptcy Board of India — what changed, and what to watch https://regtrac.cashlessconsumer.in/blog/brief-ibbi.html https://regtrac.cashlessconsumer.in/blog/brief-ibbi.html Mon, 26 Oct 2026 00:00:00 +0000 IBBI IBBI: The regulator for the end of the corporate life cycle: insolvency professionals, their agencies, information utilities, and the process rules under the Insolvency and Bankruptcy Code, 2016. For… Financial Stability and Development Council — what changed, and what to watch https://regtrac.cashlessconsumer.in/blog/brief-fsdc.html https://regtrac.cashlessconsumer.in/blog/brief-fsdc.html Mon, 26 Oct 2026 00:00:00 +0000 FSDC FSDC: The apex body where regulators meet the Finance Minister — with no statute, and largely unpublished minutes. The council met — IBBI is between chairs, with a date attached https://regtrac.cashlessconsumer.in/blog/2026-10-26-fsdc-30th-meeting-ibbi-acting-chair.html https://regtrac.cashlessconsumer.in/blog/2026-10-26-fsdc-30th-meeting-ibbi-acting-chair.html Mon, 26 Oct 2026 00:00:00 +0000 FSDC The 30th FSDC meeting put tokenisation, a financial-sector cyber strategy, KYC simplification and unclaimed-asset refunds on the record — and its attendance list settled the register's longest-running open question, confirming IBBI runs on an acting charge that ends on 20 November 2026. Securities and Exchange Board of India — what changed, and what to watch https://regtrac.cashlessconsumer.in/blog/brief-sebi.html https://regtrac.cashlessconsumer.in/blog/brief-sebi.html Fri, 02 Oct 2026 00:00:00 +0000 SEBI SEBI: The markets regulator. Everything listed, everything pooled, everything sold as an investment: brokers, mutual funds, AIFs, IPOs, takeover codes, insider trading. SEBI writes the rules… The insolvency watchdog's succession question https://regtrac.cashlessconsumer.in/blog/2026-09-26-ibbi-succession-watch.html https://regtrac.cashlessconsumer.in/blog/2026-09-26-ibbi-succession-watch.html Sat, 26 Sep 2026 00:00:00 +0000 IBBI IBBI's chairperson continues without a named successor, a High Court has clipped the Disciplinary Committee, and Clause 73 wants to hand the board valuation powers. Three open questions, one referee — and why it matters to homebuyers and employees. Small Industries Development Bank of India — what changed, and what to watch https://regtrac.cashlessconsumer.in/blog/brief-sidbi.html https://regtrac.cashlessconsumer.in/blog/brief-sidbi.html Sun, 13 Sep 2026 00:00:00 +0000 SIDBI SIDBI: MSME development finance, deliberately not a conduct regulator. Pension Fund Regulatory and Development Authority — what changed, and what to watch https://regtrac.cashlessconsumer.in/blog/brief-pfrda.html https://regtrac.cashlessconsumer.in/blog/brief-pfrda.html Sun, 13 Sep 2026 00:00:00 +0000 PFRDA PFRDA: The youngest of the big-four regulators. PFRDA runs the National Pension System and Atal Pension Yojana — the retirement money of government employees, since 2004, and any citizen who opts in.… National Payments Corporation of India — what changed, and what to watch https://regtrac.cashlessconsumer.in/blog/brief-npci.html https://regtrac.cashlessconsumer.in/blog/brief-npci.html Sun, 13 Sep 2026 00:00:00 +0000 NPCI NPCI: Everyone assumes it is a regulator. It is not: NPCI is a Section 8 company that runs UPI. National Housing Bank — what changed, and what to watch https://regtrac.cashlessconsumer.in/blog/brief-nhb.html https://regtrac.cashlessconsumer.in/blog/brief-nhb.html Sun, 13 Sep 2026 00:00:00 +0000 NHB NHB: Built to grow housing finance, then stripped of the rulebook it was built around. National Financial Reporting Authority — what changed, and what to watch https://regtrac.cashlessconsumer.in/blog/brief-nfra.html https://regtrac.cashlessconsumer.in/blog/brief-nfra.html Sun, 13 Sep 2026 00:00:00 +0000 NFRA NFRA: Audit oversight with real enforcement teeth and no door for the public. National Bank for Agriculture and Rural Development — what changed, and what to watch https://regtrac.cashlessconsumer.in/blog/brief-nabard.html https://regtrac.cashlessconsumer.in/blog/brief-nabard.html Sun, 13 Sep 2026 00:00:00 +0000 NABARD NABARD: Part development bank, part supervisor. NABARD refinances rural credit and runs India's farm-infrastructure funds — and, less visibly, carries statutory supervisory duties over cooperative… Insurance Regulatory and Development Authority of India — what changed, and what to watch https://regtrac.cashlessconsumer.in/blog/brief-irdai.html https://regtrac.cashlessconsumer.in/blog/brief-irdai.html Sun, 13 Sep 2026 00:00:00 +0000 IRDAI IRDAI: The policyholder's regulator — in theory. IRDAI licenses insurers and intermediaries, approves products, and sits on top of grievance machinery (Bima Bharosa, insurance ombudsmen) that handles… International Financial Services Centres Authority — what changed, and what to watch https://regtrac.cashlessconsumer.in/blog/brief-ifsca.html https://regtrac.cashlessconsumer.in/blog/brief-ifsca.html Sun, 13 Sep 2026 00:00:00 +0000 IFSCA IFSCA: India's youngest and most unusual regulator: one authority, all sectors, one square kilometre. Since 1 October 2020, IFSCA has replaced RBI, SEBI, IRDAI and PFRDA inside GIFT City — banking… Deposit Insurance and Credit Guarantee Corporation — what changed, and what to watch https://regtrac.cashlessconsumer.in/blog/brief-dicgc.html https://regtrac.cashlessconsumer.in/blog/brief-dicgc.html Sun, 13 Sep 2026 00:00:00 +0000 DICGC DICGC: The backstop nobody thinks about until a bank fails: a Rs 5 lakh promise standing behind every deposit.