14 June 2026
Bankopedia Banking Digest — 2026-06-14 #80
- #1financial_expressnegative
India Courts Foreign Capital Amid Economic Stress
India's RBI and government have launched emergency measures to counter global tariff shocks and a widening current account deficit, expanding the Fully Accessible Route for government bonds and waiving capital gains and withholding taxes for foreign investors. These steps are expected to attract USD 30–40 billion in foreign currency inflows, with FCNR(B) deposit incentives also extended to banks.
FAR bond expansion and tax exemptions aim to attract USD 30–40 billion in foreign inflows.
monetary_policyeconomy_macroforex - #2economic_timesmixed
Microfinance Revival Faces Monsoon and Geopolitical Risks
India's microfinance sector showed signs of recovery in Q4, with loan disbursements hitting an eight-quarter high of ₹77,524 crore, even as the Microfinance Industry Network warns of headwinds from a below-normal monsoon and West Asia conflict. The Reserve Bank of India has also flagged inflation risks from low rainfall and geopolitical supply chain disruptions.
Microfinance disburses ₹77,524 crore in Q4, its highest in eight quarters, despite looming risks.
financial_inclusioncredit_markets - #3economic_timesneutral
SEBI Sets Regulatory Framework for Capital Market AI
Securities and Exchange Board of India (SEBI) chief Pandey has announced that the regulator will issue detailed guidelines on the responsible use of artificial intelligence in capital markets, integrating IOSCO's AI supervisory toolkit. SEBI will use AI to enhance surveillance, fraud detection, and investor servicing while addressing risks of opacity, bias, and cybersecurity.
SEBI to release AI guidelines covering surveillance, fraud detection, and investor servicing accountability.
capital_marketsregulation - #4economic_timesneutral
RBL Bank Strengthens Leadership Before Emirates NBD Deal
RBL Bank has appointed Bhavin Lakhpatwala, a nearly three-decade HDFC Bank veteran, as its new Chief Financial Officer, ending a six-month vacancy in the role. The hire comes as RBL Bank prepares for its proposed acquisition by Emirates NBD, with Lakhpatwala bringing deep expertise in financial control, investor relations, and corporate finance.
RBL Bank fills six-month CFO vacancy with HDFC Bank veteran ahead of Emirates NBD acquisition.
banking_supervision - #5economic_timesneutral
Insolvency Professionals Urged to Prioritise Resolution Over Liquidation
India's Corporate Affairs Secretary has urged the country's 4,656 insolvency professionals to fast-track resolution under the Insolvency and Bankruptcy Code, calling their code of conduct a 'non-negotiable ethical anchor' and stressing that liquidation must be a last resort. She emphasised that professionals hold the operational steering wheel of stressed-company rescues, even as creditors exercise final commercial judgment.
Corporate Affairs Secretary urges insolvency professionals to exhaust all revival avenues before liquidation.
npa_resolutionregulation - #6hindu_businesslinepositive
RBI Targets Single-Window Cross-Border Payment Reform
The Reserve Bank of India is prioritising cross-border payment simplification under its Payments Vision 2028, targeting a single-window approval mechanism to cut regulatory and operational friction. An EY report identifies this shift as India moving from expanding domestic digital payment adoption to strengthening its standing in global payments.
RBI's Payments Vision 2028 targets a single-window approach to streamline cross-border payment approvals for exporters and MSMEs.
paymentsfinancial_inclusion - #7reserve_bank_of_indianegative
RBI Clamps Down on Mogaveera Co-operative Bank
The Reserve Bank of India has placed Mogaveera Co-operative Bank Ltd., Bombay under strict regulatory directions effective June 12, 2026, freezing loans, investments, deposits, and most payments without prior RBI written approval. The bank's weak liquidity position prompted the restrictions, with limited withdrawal permissions granted to depositors.
RBI imposes sweeping operational restrictions on Mogaveera Co-operative Bank, Bombay, citing poor liquidity.
banking_supervisionregulation - #8economic_timespositive
Nasscom Accelerates India's Agri and Water Tech Startups
Nasscom hosted its Deeptech Confluence 2026 event in New Delhi to accelerate commercialisation pathways for Indian agriculture and water technology startups facing climate stress and resource constraints. Twelve innovative startups from the Nasscom Deeptech Club's 20-week accelerator programme were spotlighted at the event.
Nasscom spotlights 12 agri and water tech startups to fast-track scaled deployment amid climate and resource pressures.
fintechfinancial_inclusion - #9moneycontrolpositive
Citi Positions India as Its Global Payments Test Bed
Citi's Global Head of Payments Debopama Sen highlights India as a critical test market for the bank's global payment innovations, leveraging over 100 years of local operations and a founding role in the National Payments Corporation of India. Citi holds a 21 percent market share among multinational corporation payments in India and counts nearly half the country's unicorns as banking clients.
Citi holds 21% MNC payments market share in India and banks nearly half of India's unicorns.
paymentsdigital_banking