RBI Fintech Circulars
Plain-language summaries of Reserve Bank of India circulars that matter to fintech companies — digital payments, lending, KYC, data privacy, and licensing.
Latest Circulars
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Framework for UPI Transaction Limits and Merchant Payments Enhancement
RBI revises UPI transaction limits for merchant payments and introduces enhanced security measures for high-value digital payment transactions.
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Revised Guidelines on Digital Lending by Banks and NBFCs
RBI updates digital lending guidelines mandating disclosure of all-inclusive cost, cooling-off period for borrowers, and restrictions on auto-disbursement.
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Updated Guidelines on Video-Based Customer Identification Process (V-CIP)
RBI updates V-CIP norms allowing AI-assisted liveness detection and expanding eligible customer categories for video-based KYC verification processes.
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Master Direction on AML/CFT Obligations for Regulated Entities
Consolidated master direction on anti-money laundering and combating financing of terrorism including enhanced due diligence for high-risk customers.
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Scale Based Regulation for NBFCs – Updated Framework 2023
Updated scale-based regulatory framework for NBFCs with revised capital adequacy norms and governance standards for upper-layer and middle-layer NBFCs.