Introduction On 13 May 2026, RBI introduced a new framework for facilitating outward remittances through non-bank entities in partnership with Authorised Dealer (AD) Category-I banks. The significant change was simple: non-bank entities no longer need prior RBI approval for such tie-ups. Instead, banks can enter into these arrangements within a prescribed regulatory framework. This could…
Introduction India’s digital payments revolution is often defined by one word, UPI. The Unified Payments Interface has transformed the manner in which money moves, making transactions instant, interoperable and accessible. However, the next phase of India’s digital financial journey may not be about making payments faster. It may be about making financial opportunity easier to…
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