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\u2019s financial ecosystem.<\/p>\n
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. Former RBI Governor C. Rangarajan has raised concerns over aspects of the 16th Finance Commission\u2019s recommendations, particularly around fiscal devolution and resource allocation. His remarks highlight ongoing debate around centre-state financial balance. The government has launched National Monetisation Pipeline 2.0 with a target of \u20b916.72 lakh crore. The programme aims to unlock value from public assets and channel funds toward infrastructure development and economic growth. 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. 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. UPI\u2019s international transaction volumes have crossed one million in FY26, nearly doubling from the previous year. The milestone reflects growing adoption of India\u2019s payment infrastructure across global markets. 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. 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. 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. 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\u2019s position as a digitally enabled destination. 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. 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. 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. 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. NPCI has partnered with NVIDIA to develop sovereign AI infrastructure tailored for India\u2019s 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. As digital payments continue to grow, data shows that \u20b9140 is lost to fraud for every \u20b91 lakh transacted. The figures highlight the need for stronger safeguards even as transaction volumes rise, underscoring the balance between rapid adoption and consumer protection. 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. 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. The Supreme Court has asked the Centre to frame a standard operating procedure after noting digital frauds amounting to over \u20b954,000 crore. The move seeks coordinated action and stronger enforcement to address rising cyber and financial crimes. 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. 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. 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. 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. 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. A proposed India\u2013US trade agreement could strengthen cooperation between the two countries\u2019 capital markets, according to SEBI\u2019s chairman. Greater regulatory alignment and market access may support cross-border investment flows and institutional collaboration.
\nOriginally posted by Moneycontrol<\/em><\/p>\n<\/span>Former RBI Governor Rangarajan Questions 16th Finance Commission Report<\/span><\/h2>\n
\nOriginally posted by The Hindu<\/em><\/p>\n<\/span>Centre Unveils NMP 2.0 With \u20b916.72 Lakh Crore Asset Monetisation Target<\/span><\/h2>\n
\nOriginally posted by Press Information Bureau<\/em><\/p>\n<\/span>Early Redemption Window Announced for Five Sovereign Gold Bond Tranches<\/span><\/h2>\n
\nOriginally posted by Moneycontrol<\/em><\/p>\n<\/span>NPCI Expands Digital Payment Safety Outreach for Senior Citizens<\/span><\/h2>\n
\nOriginally posted by Northeast Herald<\/em><\/p>\n<\/span>UPI Global Transactions Cross 1 Million in FY26<\/span><\/h2>\n
\nOriginally posted by Business Standard<\/em><\/p>\n<\/span>New Secure Data Centre Established to Strengthen Financial Infrastructure Resilience<\/span><\/h2>\n
\nOriginally posted by The Economic Times<\/em><\/p>\n<\/span>Portfolio Management Services Regulations to Be Revised by Mid-2026<\/span><\/h2>\n
\nOriginally posted by Times of India<\/em><\/p>\n<\/span>IDFC First Bank Fraud Not Systemic, Says RBI Governor<\/span><\/h2>\n
\nOriginally posted by Moneycontrol<\/em><\/p>\n<\/span>NPCI Launches Wallet Service for Foreign Visitors in India<\/span><\/h2>\n
\nOriginally posted by Business Standard<\/em><\/p>\n<\/span>Draft Mis-Selling Norms Tighten Sales Controls Across Banks<\/span><\/h2>\n
\nOriginally posted by The Economic Times<\/em><\/p>\n<\/span>UPI One World Wallet Extended to Visitors From 40 Countries<\/span><\/h2>\n
\nOriginally posted by The Hindu<\/em><\/p>\n<\/span>Gold and Silver ETFs Decline After SEBI Proposes Volatility Measures<\/span><\/h2>\n
\nOriginally posted by Moneycontrol<\/em><\/p>\n<\/span>Unique Transaction Identifier to Become Mandatory for OTC Derivatives From 2027<\/span><\/h2>\n
\nOriginally posted by CNBC TV18<\/em><\/p>\n<\/span>NPCI Partners NVIDIA to Build Sovereign AI Infrastructure for Payments<\/span><\/h2>\n
\nOriginally posted by CNBC TV18<\/em><\/p>\n<\/span>\u20b9140 Lost to Fraud per \u20b91 Lakh Amid Surge in Digital Payments<\/span><\/h2>\n
\nOriginally posted by The Hindu<\/em><\/p>\n<\/span>Financial Literacy Week 2026 Focuses on KYC and Fraud Prevention<\/span><\/h2>\n
\nOriginally posted by Press Information Bureau<\/em><\/p>\n<\/span>Repo Rate Held at 5.25% as Growth and Inflation Outlook Remains Stable<\/span><\/h2>\n
\nOriginally posted by Times of India<\/em><\/p>\n<\/span>Supreme Court Seeks SOP After Flagging \u20b954,000 Crore Digital Fraud<\/span><\/h2>\n
\nOriginally posted by The Hindu<\/em><\/p>\n<\/span>Provident Fund Withdrawals May Soon Be Enabled Through UPI<\/span><\/h2>\n
\nOriginally posted by Times of India<\/em><\/p>\n<\/span>Order-to-Trade Norms for Equity Options Relaxed, Market Makers Exempted<\/span><\/h2>\n
\nOriginally posted by Moneycontrol<\/em><\/p>\n<\/span>Credit Reports May Move Toward Near Real-Time Updates<\/span><\/h2>\n
\nOriginally posted by Times of India<\/em><\/p>\n<\/span>Priority Sector Lending Expanded to Include NCDC Loans<\/span><\/h2>\n
\nOriginally posted by Press Information Bureau<\/em><\/p>\n<\/span>India and Malaysia Plan UPI-Style Cross-Border Payment Link<\/span><\/h2>\n
\nOriginally posted by Moneycontrol<\/em><\/p>\n<\/span>India-US Trade Deal Seen as Catalyst for Deeper Capital Market Ties<\/span><\/h2>\n
\nOriginally posted by Mint<\/em><\/p>\n<\/span>Central Bank May Pivot to Dollar Buying to Rebuild Forex Reserves<\/span><\/h2>\n