Explained: The Complete Court History of the Epstein Files
- Investigation
- November 17, 2025

RBI’s NBFC Amendment 2026 reduces compliance for small NBFCs with no public funds and no customer interface. However, it also creates serious questions about indirect public funds, group-level routing, asset splitting, and hidden financial risk inside corporate structures.
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RBI’s Draft Master Direction on Prepaid Payment Instruments, 2026 aims to make India’s wallet and prepaid payment market safer. However, it may also raise compliance costs, limit small fintech firms and reduce access for low-income users.
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RBI’s 2026 E-Mandate Framework strengthens security in recurring payments. However, it also raises concerns about user control, compliance costs, and fintech innovation.
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RBI’s latest discussion paper shows that India’s digital payments challenge is no longer only about cyber-security. Instead, it is about frauds that manipulate users into authorising transfers themselves. Accordingly, this ABC Live critical analysis examines the data, the four proposed safeguards, and how RBI’s 17 consultation questions should be answered.
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