NBFCs MobiKwik Gets RBI NBFC Licence for ₹5,000 Cr Credit
One MobiKwik said subsidiary MFSPL received RBI Certificate of Registration as an NBFC, aiming to start co-lending in 3–6 months and disburse ₹5,000 crore.
SEBI Caps Unhedged Currency Derivatives at $5 Million
SEBI capped unhedged currency derivatives at USD 5 million notional on 5 November 2026, aligning with RBI forex exposure norms across INR…
IndusInd Bank Adds 123-Currency Remittances via JPM
IndusInd Bank partnered with J.P. Morgan Payments Xpedite on 6 November 2026 to offer outward remittances in 123 currencies with local-currency settlement.
Mufin Green Finance Buys 23% Bimapay for ₹65.75 Cr
Mufin Green Finance board approved a ₹65.75 crore cash deal for up to 23% of Bimapay Finsure and an Arthum MoU to…
Stockal: Investors Allege ₹100 Cr Unauthorised US Trades
Nearly 30 Indian investors allege unauthorised Stockal US-stock trades and ₹100 crore losses; Borderless and DriveWealth deny liability.
Axis Max Life Opens Noida Digital Capability Centre
Axis Max Life Insurance launched a Digital Capability Centre in Noida on 5 November 2026, a tech and GenAI hub initially housing…
Cashfree Opens Hosted Checkout to AI Shopping Agents
Cashfree Payments on 6 November 2026 opened hosted checkout to AI shopping agents via WebMCP, cutting token use over 40% while shoppers…
RBI Mandates API Safeguards for Bank-NBFC Transfers
RBI's 3 November 2026 CSITE advisory requires CERT-In audits, beneficiary whitelisting and fraud baselines for bank API fund transfers to NBFCs.
TReDS Volumes Jump 36% as MSMEs Seek Festive Capital
TReDS festive volumes hit ₹75,788 crore in Aug-Sep 2026, up 36% YoY, as MSMEs used invoice discounting for festive stocking, RBI data…
RBI Issues Cyber Resilience Rules for Non-Bank PSOs
RBI issued PSO cyber directions on 5 November 2026, consolidating digital payment security controls for non-bank PSOs with six-hour incident reporting.
