The Lendbox Puzzle and the Turtlemint IPO: India Fintech This Week
RBI compliance questions hit Lendbox's Per Annum platform while the Turtlemint IPO closes at 1.2x. A plain-English roundup of India's…
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Tag: RBI
FCNR(B) Monthly Flows Fall 39% Before RBI’s June Swap Window
FCNR(B) monthly inflows fell 39% to about $166 million in April 2026. RBI's June swap window now absorbs the hedging…
RBI Eases TReDS Norms and Lets Banks Route FCNR(B) Deposits via GIFT City
The RBI made two changes. One helps small businesses get paid faster through TReDS. The other lets banks bring in…
India M&A Deals Jump 21.7% in H1 2026, Second-Highest on Record
India's big companies bought many other companies in early 2026. The total value of these M&A deals (one company buying…
MobiKwik Xtra and Lendbox: The Risky Regulatory Dance Behind a Rs 10,000 Cr P2P Lending Claim
MobiKwik Xtra and Lendbox promised high returns and easy cash-outs from P2P loans. Then the RBI's 2024 rules and a…
RBI Monsoon Growth Risks: Weak Rain Threatens India’s Prices and Growth
India's central bank, the RBI, warns that a weak monsoon and global tensions could raise prices and slow growth. It…
RBI Bans Dark Patterns and Forced Bundling to Stop Misselling of Financial Products
The RBI has banned dark patterns (sneaky app tricks), forced bundling (making you buy extra things), and misselling (selling with…
RBI FCNR(B) Rule Change: Banks Can Now Offer NRIs Higher Deposit Rates
The RBI removed the interest-rate limit on some FCNR(B) and NRE deposits for NRIs from June 17 to September 30,…