Context: In a landmark collaboration, the Department of Posts (DoP) has signed a Memorandum of Understanding (MoU) with Nippon India Mutual Fund to deliver door-to-door KYC verification services. The initiative is designed to simplify mutual fund onboarding and boost financial inclusion across India. Key Highlights Previous Success Benefits for Investors Strategic Significance PIB

Context: Securis Finance, a subsidiary of fintech firm FirstPay Technologies, has received regulatory approval from the Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC). The company plans to address the under-served credit needs in India’s education sector through flexible and accessible loan products. Key Highlights Tech Integration Securis will operate a digital-first platform allowing users to: By targeting the financially underserved student segment, Securis aims to disrupt the traditional student loan model and enhance accessibility to quality education across urban and semi-urban regions. TET

Context: Several top PMS and AIF players are seeking mutual fund licences to enter the Specialised Investment Funds (SIFs) segment. SIFs are newly introduced MF structures that combine the flexibility of PMS and AIFs with the tax and ticket-size advantages of mutual funds. Recent MF Licence Applicants (Last 3 Months) Motivation for Entry into SIFs Key Strategies Allowed Under SIF Framework Current Applicants for MF Licences Applicants with Partial SEBI Approvals BS

Context: The Reserve Bank came out with revised draft regulations that cover export and import transactions under FEMA with an aim to promote ease of doing business. As per the revised draft, if the export proceeds of an exporter remain unrealised for a period beyond two years from the due date and the cumulative unrealised export proceeds of that exporter exceeds Rs 25 crore, he shall undertake further exports only against receipt of full advance or an irrevocable letter of credit. Key Proposals in the Revised FEMA Draft Export Proceeds Monitoring If export proceeds remain unrealised for over two years from the due date, and the cumulative unrealised amount exceeds ₹25 crore, then the exporter must conduct future exports only against: Import of Precious Metals (Gold and Silver) Purpose of the Revised FEMA Draft Impact on Businesses TET

Key Highlights Why Banks Are Using SDF More Liquidity Management Tools Used by RBI Data Snapshot India’s Forex Reserves Hit Near 5-Month High Latest Reserve Position Contributing Factors Key Takeaways BS

Context: India Fintech Foundation (IFF), a proposed self-regulatory organisation (SROFT), was announced at Startup Mahakumbh in Delhi. Its core mission is to enable responsible innovation and establish ethical and operational standards for fintechs operating in India. Strategic Relevance India’s fintech landscape is expanding at breakneck speed. IFF’s introduction is a timely step toward creating a structured, industry-backed compliance and innovation framework. With the RBI already recognising FACE as an SROFT, IFF enters a critical regulatory conversation. Mission and Role of SROFT-DF “If innovation is not responsible, it can result in accidents,” said Viswanathan, emphasizing the need for structured self-regulation. Government and Industry Support Regulatory Landscape Fintech Sector Outlook Policy & Industry Implications Forward-Looking Assessment India Fintech Foundation represents a pivotal institutional development for the fintech ecosystem. If officially recognised, it can serve as a regulatory compass, balancing compliance with innovation. Its future depends on navigating existing SRO dynamics and building institutional authority through strategic policy engagement. TET & BS