Performance-Based Mutual Fund Rules SEBI 2026 improve transparency, Base Expense Ratio, and investor protection. Learn key takeaways for exams like Banking, SSC, and Civil Services. 📌 New Mutual Fund Rules: SEBI Allows Performance-Based Expense Structure Starting April 2026 Introduction to the New SEBI Mutual Fund Rules India’s capital markets regulator, the Securities and Exchange Board…
HDFC Bank Gets RBI Approval to Acquire 9.5% Stake in IndusInd Bank. Learn about the approval, regulatory implications, and impact on India’s banking sector for government exams. HDFC Bank Gets RBI Nod to Acquire Up to 9.5% Stake in IndusInd Bank — What It Means for India’s Banking Sector Introduction: RBI’s Approval to HDFC Bank…
RBI cancels NBFC licence of Datta Finance and Trading Pvt Ltd for violating outsourcing guidelines in digital lending. Learn about RBI regulations, consumer protection, and NBFC compliance issues. RBI Cancels NBFC Licence of Datta Finance and Trading Pvt Ltd Introduction: RBI’s Action Against Datta Finance and Trading Pvt Ltd On September 22, 2025, the Reserve…
SEBI UPI ID verification drive launches with SEBI Check tool from October 2025 to prevent investment fraud and secure digital payments for investors. 1. SEBI’s Move Towards Verified UPI IDs The Securities and Exchange Board of India (SEBI) has announced a major initiative to strengthen investor protection by introducing validated UPI handles for all SEBI-registered…
SEBI’s Regulatory Action Against Axis Securities The Securities and Exchange Board of India (SEBI) has imposed a fine of ₹10 lakh on Axis Securities Limited for failing to comply with various regulatory norms. The penalty was imposed due to the company’s non-adherence to stockbroking guidelines and regulatory compliance requirements. The regulatory action emphasizes SEBI’s strict…
Income Tax Department Imposes ₹564.44 Crore Penalty on Bank of India The Income Tax Department has recently imposed a hefty penalty of ₹564.44 crore on Bank of India for alleged discrepancies in the reporting of income. This penalty comes as a result of an investigation into the bank’s financial records, conducted by the tax authorities….
IRDAI Mandates Shorter Audit Tenures to Boost Governance in Insurance Sector The Insurance Regulatory and Development Authority of India (IRDAI) has introduced new regulations mandating shorter audit tenures for insurance companies. This significant move aims to enhance governance, accountability, and transparency within the insurance sector. New Audit Tenure Regulations Under the new guidelines, IRDAI has…
RBI Imposes Penalties on UCO Bank and Cent Bank Home Finance Ltd RBI’s Recent Action: Overview In a significant regulatory move, the Reserve Bank of India (RBI) has imposed financial penalties on UCO Bank and Cent Bank Home Finance Ltd. This decision underscores the RBI’s commitment to ensuring adherence to regulatory standards and maintaining the…
FATF Report on India: Observations and Significance The recent Financial Action Task Force (FATF) report on India has highlighted significant observations regarding the country’s progress in combating money laundering and terrorist financing. The FATF, an intergovernmental organization, aims to develop policies to combat these illicit activities. India’s engagement with the FATF has intensified as the…
RBI Clears Tata Communications’ Payment Arm Sale to Findi The Reserve Bank of India (RBI) has given its approval for Tata Communications to sell its payment arm to Findi, a fintech company. This significant move is poised to reshape the landscape of digital payments in India and contribute to the growth of the country’s fintech…
