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

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

Background SEBI’s Proposed Derivatives Cap Market Impact and Liquidity Challenge Institutional Support & Governance Efforts Operational and Licensing Hurdles Mint

Product Overview: Key Features: Additional Offering – Digital Silver: Key Executive:

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:

Context: The Reserve Bank of India (RBI) has begun unwinding its short dollar forward positions after a seven-month pause, while infusing rupee liquidity through open market operations (OMOs) to neutralize the liquidity drain. This strategic move coincides with a weakening dollar and stable rupee, allowing the central bank to simultaneously build foreign exchange reserves and maintain surplus banking liquidity. Key Developments Short Dollar Forward Position Decline Sterilization via OMOs Foreign Exchange Reserve Management RBI Builds Reserves Amid Dollar Weakness Rupee Performance and Market Trends Rupee Strengthens Against the Dollar Favorable External Factors The RBI’s current strategy reflects a dynamic and proactive approach to managing foreign exchange exposure and banking system liquidity. By allowing short positions to mature, purchasing spot dollars, and sterilizing liquidity through OMOs, the central bank is reinforcing its accommodative stance while bolstering forex reserves amid a stable external environment. BS

Key Features of Digital Rupee e₹ Wallet How to Use Participating Banks (Retail CBDC) Some of the major banks include: Difference Between e₹ and UPI Feature e₹ UPI Nature Digital form of ₹ (currency) Payment interface Settlement Direct between wallets Routed through bank accounts Store of Value Yes No Advanced Features Wholesale CBDC (e₹-W) Participants in e₹-W The Digital Rupee (e₹) represents a significant step in India’s financial digitalization, aimed at enhancing payment efficiency, financial inclusion, and monetary innovation. With pilots in place for both retail and wholesale use, RBI is testing its scalability, security, and usability across diverse segments.