Over the past few weeks, we have seen steady movement across fintech. Digital payments are scaling, cross-border connections are expanding, and regulatory frameworks are tightening. Through EnFin, we bring these developments together so you can clearly see what is shaping India’s financial ecosystem.
RBI Directs NPCI to Review Rising UPI AutoPay Debit Complaints
The RBI has asked NPCI to examine increasing complaints related to UPI AutoPay debits. The move aims to address customer concerns around unauthorised or disputed recurring transactions and ensure stronger safeguards within the AutoPay framework.
Originally posted by MoneycontrolFormer RBI Governor C. Rangarajan has raised concerns over aspects of the 16th Finance Commission’s recommendations, particularly around fiscal devolution and resource allocation. His remarks highlight ongoing debate around centre-state financial balance.
Originally posted by The HinduCentre Unveils NMP 2.0 With ₹16.72 Lakh Crore Asset Monetisation Target
The government has launched National Monetisation Pipeline 2.0 with a target of ₹16.72 lakh crore. The programme aims to unlock value from public assets and channel funds toward infrastructure development and economic growth.
Originally posted by Press Information BureauEarly Redemption Window Announced for Five Sovereign Gold Bond Tranches
An early redemption schedule has been announced for five Sovereign Gold Bond tranches in April. Eligible investors can exit ahead of maturity, subject to prevailing guidelines and tax implications.
Originally posted by MoneycontrolNPCI Expands Digital Payment Safety Outreach for Senior Citizens
NPCI is promoting digital payment safety awareness among senior citizens through targeted outreach initiatives. The effort focuses on fraud prevention, safe usage practices, and strengthening trust among vulnerable user groups.
Originally posted by Northeast HeraldUPI Global Transactions Cross 1 Million in FY26
UPI’s international transaction volumes have crossed one million in FY26, nearly doubling from the previous year. The milestone reflects growing adoption of India’s payment infrastructure across global markets.
Originally posted by Business StandardNew Secure Data Centre Established to Strengthen Financial Infrastructure Resilience
A new high-security data centre has been set up away from seismic and strategic risk zones to enhance operational continuity. The move strengthens infrastructure resilience within the financial system.
Originally posted by The Economic TimesPortfolio Management Services Regulations to Be Revised by Mid-2026
SEBI plans to revise Portfolio Management Services regulations by mid-2026. The update aims to strengthen governance standards, improve investor protection, and align PMS frameworks with evolving market practices.
Originally posted by Times of IndiaIDFC First Bank Fraud Not Systemic, Says RBI Governor
The RBI Governor has stated that the reported fraud at IDFC First Bank does not pose systemic risk to the banking sector. The clarification seeks to reassure markets and maintain confidence in financial stability.
Originally posted by MoneycontrolNPCI Launches Wallet Service for Foreign Visitors in India
NPCI has introduced a prepaid wallet service for foreign visitors, allowing them to make UPI-based digital payments during their stay in India. The initiative aims to simplify retail transactions for international travellers and strengthen India’s position as a digitally enabled destination.
Originally posted by Business StandardDraft Mis-Selling Norms Tighten Sales Controls Across Banks
Draft guidelines on mis-selling propose stricter accountability and sales governance across financial institutions, with private banks expected to face greater impact due to their distribution-heavy models. The norms aim to strengthen customer protection and improve transparency in product recommendations.
Originally posted by The Economic TimesUPI One World Wallet Extended to Visitors From 40 Countries
The UPI One World Wallet service has been expanded to travellers from 40 countries. The extension enables foreign visitors to access digital payment facilities linked to UPI during their stay, supporting smoother cross-border retail transactions within India.
Originally posted by The HinduGold and Silver ETFs Decline After SEBI Proposes Volatility Measures
Gold and silver exchange-traded funds fell up to 3 percent after proposals to curb volatility in precious metals trading. The measures are aimed at strengthening risk management and improving market stability within the commodities derivatives segment.
Originally posted by MoneycontrolUnique Transaction Identifier to Become Mandatory for OTC Derivatives From 2027
A Unique Transaction Identifier framework will be implemented for all over-the-counter derivatives from January 2027. The move is designed to improve transparency, traceability, and systemic risk monitoring across derivative markets.
Originally posted by CNBC TV18NPCI Partners NVIDIA to Build Sovereign AI Infrastructure for Payments
NPCI has partnered with NVIDIA to develop sovereign AI infrastructure tailored for India’s digital payments ecosystem. The collaboration aims to strengthen payment processing capabilities, enhance fraud detection, and support the next phase of technology-driven scale in digital transactions.
Originally posted by CNBC TV18₹140 Lost to Fraud per ₹1 Lakh Amid Surge in Digital Payments
As digital payments continue to grow, data shows that ₹140 is lost to fraud for every ₹1 lakh transacted. The figures highlight the need for stronger safeguards even as transaction volumes rise, underscoring the balance between rapid adoption and consumer protection.
Originally posted by The HinduFinancial Literacy Week 2026 Focuses on KYC and Fraud Prevention
Financial Literacy Week 2026 placed emphasis on proper KYC compliance and fraud awareness. The initiative aims to strengthen customer vigilance and promote safe digital practices as financial transactions increasingly move online.
Originally posted by Press Information BureauRepo Rate Held at 5.25% as Growth and Inflation Outlook Remains Stable
The policy rate has been maintained at 5.25%, with projections indicating stable GDP growth and manageable inflation. The decision signals a continuation of the current monetary stance while monitoring global and domestic economic conditions.
Originally posted by Times of IndiaSupreme Court Seeks SOP After Flagging ₹54,000 Crore Digital Fraud
The Supreme Court has asked the Centre to frame a standard operating procedure after noting digital frauds amounting to over ₹54,000 crore. The move seeks coordinated action and stronger enforcement to address rising cyber and financial crimes.
Originally posted by The HinduProvident Fund Withdrawals May Soon Be Enabled Through UPI
EPFO is planning to introduce UPI-based withdrawals through a new app aimed at improving user convenience. The proposal is expected to simplify access to provident fund balances and reduce processing delays for subscribers.
Originally posted by Times of IndiaOrder-to-Trade Norms for Equity Options Relaxed, Market Makers Exempted
Order-to-trade ratio norms for equity options have been eased, with exemptions granted to market makers and certain algorithmic orders. The move aims to improve liquidity and operational efficiency in derivatives trading.
Originally posted by MoneycontrolCredit Reports May Move Toward Near Real-Time Updates
A review is underway to enable near real-time updates in credit reporting. The proposal seeks to improve accuracy, reduce data lag, and enhance risk assessment across lending institutions.
Originally posted by Times of IndiaPriority Sector Lending Expanded to Include NCDC Loans
Priority sector lending norms have been expanded to include loans extended by the National Cooperative Development Corporation. The step is aimed at strengthening cooperative sector financing and supporting rural economic activity.
Originally posted by Press Information BureauIndia and Malaysia Plan UPI-Style Cross-Border Payment Link
India and Malaysia are working toward enabling UPI-style cross-border payments through a PayNet linkage. The initiative is expected to simplify retail transactions between the two countries and strengthen digital payment connectivity.
Originally posted by MoneycontrolIndia-US Trade Deal Seen as Catalyst for Deeper Capital Market Ties
A proposed India–US trade agreement could strengthen cooperation between the two countries’ capital markets, according to SEBI’s chairman. Greater regulatory alignment and market access may support cross-border investment flows and institutional collaboration.
Originally posted by MintCentral Bank May Pivot to Dollar Buying to Rebuild Forex Reserves
Analysts suggest the central bank could resume active dollar purchases to strengthen foreign exchange reserves. The shift would aim to rebuild buffers amid global volatility and manage currency stability as external risks remain elevated.
Originally posted by Hindustan TimesUPI Transactions Reach Record ₹28.33 Trillion in January
UPI recorded transactions worth ₹28.33 trillion in January, marking a new monthly high. The milestone reflects sustained growth in digital payments adoption across retail and merchant segments, reinforcing UPI’s central role in India’s payment ecosystem.
Originally posted by Business StandardDivya Mohil Appointed as Head of Legal at NPCI
NPCI has appointed Divya Mohil as its Head of Legal. The leadership move comes as the payments body continues to expand its domestic and international footprint, strengthening governance and regulatory oversight within its operations.
Originally posted by Bar and BenchIndia Weighs UPI–Alipay Link With Singapore for Cross-Border Payments
India is considering linking UPI with Singapore’s Alipay to facilitate cross-border retail payments. The proposal aims to enhance transaction ease for businesses and travellers while expanding the global interoperability of India’s digital payment infrastructure.
Originally posted by The Economic TimesThat brings this edition of EnFin to a close. We will continue tracking how fintech evolves across payments, regulation, and banking, and share the developments that matter most to you.
Follow EnKash on LinkedIn for weekly fintech updates.
