There has been a lot happening across fintech in recent weeks. Payments are growing, regulations are changing, and new systems are making financial services more accessible. Through EnFin, we bring these updates together so you can keep track of the developments shaping the ecosystem.
Users Can Now Check CIBIL Score on BHIM App
Users can now access their CIBIL score directly through the BHIM payments app. The feature is aimed at improving credit awareness and giving users easier access to personal credit information within a widely used digital payments platform.
Originally posted by TransUnion CIBILPostal Life Insurance Added as New Biller on Bharat BillPay
Bharat BillPay has added Postal Life Insurance as an insurance biller. The integration expands bill payment options on the platform and makes premium payments more convenient for policyholders through digital channels.
Originally posted by CNBC TV18Lalita Sunita Narayan Nayak Stepped Down From NPCI as Marketing Incharge - RuPay, NETC FASTAG, AePS
Lalita Sunita Narayan Nayak has stepped down from NPCI. The leadership change comes as NPCI continues to expand its role across domestic and international digital payments infrastructure.
Originally posted by Exchange4MediaNo OTP Needed for Recurring Payments Up to ₹15,000 Under Updated Rules
Recurring payments up to ₹15,000 will no longer require additional OTP authentication under revised e-mandate norms. The change is expected to improve convenience for users while supporting smoother subscription and utility payments.
Originally posted by MintIndia and South Korea Sign Pact for UPI-Based Digital Payments
India and South Korea have signed an MoU to enable UPI-based digital payments. The partnership is expected to improve payment convenience for travellers and businesses while expanding UPI’s international footprint.
Originally posted by NDTVBanks and Fintechs Raise Concerns Over Proposed Delay in High-Value Transactions
Banks and fintech firms have opposed a proposal to introduce a time lag for high-value transactions. Industry participants say the move could disrupt payment experience, slow settlement efficiency, and affect confidence in real-time digital payments.
Originally posted by MoneycontrolCompanies Can Reduce IPO Size by Up to 50% Without Refiling
SEBI has allowed companies to cut IPO sizes by up to 50% without refiling offer documents. The move offers issuers greater flexibility to respond to market conditions while reducing delays in public listing plans.
Originally posted by The Economic TimesThe Department of Telecommunications and SEBI have signed an MoU to share data and strengthen early detection of telecom-linked financial fraud. The collaboration aims to improve coordination and protect consumers from emerging scam networks.
Originally posted by Press Information BureauK V R Murty Appointed Whole-Time Member at SEBI
Corporate law expert K V R Murty has been appointed as Whole-Time Member at SEBI. The appointment adds legal and governance expertise to the regulator’s leadership as market oversight responsibilities continue to grow.
Originally posted by The Economic TimesNew NBFC Branch Rules Issued to Support Easier Expansion
Fresh branch authorisation guidelines for NBFCs have been introduced to simplify expansion while maintaining regulatory oversight. The framework is expected to improve operational flexibility for non-banking lenders entering new markets.
Originally posted by Legal World Economic TimesIRCTC Enters Payment Aggregation With ₹1 Trillion Ambition
IRCTC is expanding into payment aggregation with plans to build a ₹1 trillion payments business. The move signals broader ambitions beyond ticketing, including government transactions and large-scale digital payment processing.
Originally posted by ET InfraCKYCR Made Mandatory for Merchant Onboarding by Payment Aggregators
Payment aggregators will now be required to use CKYCR for merchant onboarding. The move is aimed at standardising KYC processes, reducing duplication, and strengthening compliance across India’s digital payments ecosystem.
Originally posted by MoneycontrolCash Payments at Toll Plazas to End, UPI Charges Set Higher
Cash payments at toll plazas will be discontinued from April 10, while UPI-based payments may attract charges 1.25 times higher. The change is intended to accelerate digital collections and streamline toll operations.
Originally posted by The HinduEPFO 3.0 Enables PF Withdrawals Through UPI
EPFO 3.0 is expected to allow eligible members to withdraw provident fund balances through UPI. The move aims to improve convenience, reduce processing time, and modernise claims access for subscribers.
Originally posted by The Economic TimesSimplified TReDS Onboarding to Help MSMEs Access Faster Payments
TReDS onboarding norms have been simplified to help MSMEs convert invoices into quicker payments. The move is expected to improve working capital access and encourage wider participation in receivables financing platforms.
Originally posted by The HinduPayment System Rules Tightened Alongside Broader Regulatory Updates
New policy measures cover payment systems, supervision, and financial market regulations. The updates are aimed at strengthening oversight, improving resilience, and supporting safer growth across the financial ecosystem.
Originally posted by News On AirRepo Rate Held Steady, Growth Forecast at 6.9%
The policy rate has been kept unchanged, while GDP growth has been projected at 6.9%. The outlook signals confidence in domestic momentum while balancing inflation and global economic risks.
Originally posted by Times of IndiaUPI Logs 22.64 Billion Transactions in March
UPI recorded 22.64 billion transactions in March, reflecting continued scale and widespread adoption across consumers and merchants. The milestone reinforces UPI’s central role in India’s digital payments landscape.
Originally posted by News On AirGroup Health Insurance Moves Toward Flexible Benefits Models
Employers are shifting from fixed group health plans to flexible points-based benefit models. The trend reflects rising employee demand for choice and more personalised workplace benefits.
Originally posted by The Economic TimesA new Form 39 has been introduced to help eligible taxpayers claim exemption on past salary receipts and gratuity in FY 2026-27. The change aims to simplify access to available tax relief.
Originally posted by UpstoxThat’s all for this edition of EnFin. Fintech continues to grow through stronger infrastructure, wider adoption, and evolving regulations. We will keep bringing you the key updates.
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