Context: SBI Research predicts that the Reserve Bank of India (RBI) may cut policy rates by up to 125 basis points in FY26, following a multi-year low inflation reading of 3.34% in March. This forecast is based on expectations of continued benign inflation and the need for accommodative monetary policy. Key Forecasts and Rationale Policy Rate Cut Expectations Inflation Outlook Liquidity Management and Open Market Operations (OMOs) Macroeconomic Implications BS
Stricter SEBI Rules Slow SME to Mainboard Migration in 2024–25
Sharp Drop in Migrations Key Regulatory Changes Revised Eligibility Criteria Widened Transition Timelines Impact on SMEs BS
RBI Slows Gold Repatriation Amid Rising Share in Forex Reserves
Minimal Gold Repatriation in H2 FY25 Current Composition of RBI’s Gold Holdings Gold as a Hedge and Diversification Tool Breakup of Foreign Currency Assets (as of March-end 2025) TET
SEBI Probes Mahadev Betting App Firms for FPI Violations and Stock Manipulation
Context: SEBI has initiated a formal investigation into firms linked to the Mahadev Betting App case. Link with Ongoing Enforcement Directorate (ED) Investigation Market Manipulation Allegations Scale of Action Taken So Far Next Steps and Regulatory Implications BL
₹600 Crore Discrepancy in IndusInd Bank’s Microfinance Accounting Triggers Audit Probe
Context: Statutory auditors flagged a ₹600 crore discrepancy after reviewing IndusInd Bank’s microfinance income. IndusInd Bank’s Response and Ongoing Audit Regulatory Scrutiny and RBI Involvement Leadership Crisis at IndusInd Bank Background on Microfinance Exposure Audit Concerns and Industry Implications Mint
MSEI’s Revival Faces Hurdle as SEBI Plans to Cap Derivative Expiries to Two Days
Background SEBI’s Proposed Derivatives Cap Market Impact and Liquidity Challenge Institutional Support & Governance Efforts Operational and Licensing Hurdles Mint
Aditya Birla Capital Digital Launches Digital Gold SIP
Product Overview: Key Features: Additional Offering – Digital Silver: Key Executive:
RBI Grants Online Payment Aggregator License to Zaakpay (MobiKwik)
Context: Zaakpay, the business payments arm of MobiKwik, has received final RBI approval to operate as a licensed Online Payment Aggregator in India. This approval allows Zaakpay to legally process digital payments for businesses under Indian law. Why This Approval Matters Regulatory Significance: Strategic Impact for MobiKwik What Zaakpay Offers Payment Services: Key Partnerships: Market Reaction & Share Performance Share Movement: Future Growth Plans for Zaakpay Business Expansion Focus: Long-Term Outlook:
Finance Minister to Attend ADB Annual Meeting in Milan
Context: Union Finance Minister Nirmala Sitharaman is leading the Indian delegation to the 58th Annual Meeting of the ADB Board of Governors in Milan, Italy. About ADB (Asian Development Bank): About Ministry of Finance:
Coalition for GM-Free India Opposes Genome-Edited Paddy Varieties
Context: Coalition for GM-free India demands withdrawal of two genome-edited rice varieties announced by the Centre. The group is currently fighting a Supreme Court case against genetically modified (GM) crops Health and Environmental Concerns Criticism of Government and Research Bodies Regulatory Allegations Details of Released Varieties TH