India: Fin Tech

The Reserve Bank of India ("RBI"), through Notification dated July 17, 2025, has included NSDL Payments Bank Limited in the Second Schedule of the Reserve Bank of India Act, 1934 ("Act").

The Virtual Currency Regulation Review offers a comparative analysis of the legal and regulatory frameworks governing virtual assets across multiple jurisdictions.

Fraud has been expressly defined in various statutes such as the Companies Act, 2013 (the "Companies Act") and the Indian Contract Act, 1872 (the "Contract Act").

This week on Lexpresso, we dive into RBI's triple survey rollout, SEBI's inclusive KYC move, PayPal's entry into cross-border exports, and India's regulatory push on e-commerce dark patterns and digital addresses.

On May 08, 2025, the Reserve Bank of India (RBI) issued "The Reserve Bank of India (Digital Lending) Directions, 2025" (the Directions) to reduce consumer risk, enhance regulatory oversight, and ensure more responsible lending behaviour across the rapidly growing digital credit ecosystem in India.

Last week, the RBI released a draft circular on how regulated entities (REs) should go about updating customer KYC (Know Your Customer). The deadline to submit comments is 6 June 2025.

The rapid adoption of cryptocurrency in India has sparked intense debate over its legal status, particularly its classification as property.

With the rise of blockchain-based fundraising, token launchpads and cryptocurrency exchanges and launchpads have become essential platforms for projects looking to raise capital, enhance liquidity, and expand their user base.

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. We shall now be hosting our weekly updates at Spotify!