7+ hour, 1+ min ago   (302+ words) Whalesbook The insolvency regulator is moving to close a significant loophole that has allowed related parties to influence repayment plans in personal insolvency cases The Insolvency and Bankruptcy Board of India (IBBI) has released a discussion paper outlining strict new…...

9+ hour, 38+ min ago   (274+ words) whalesbook.com The Reserve Bank of India (RBI) has released a draft framework to standardize how financial institutions respond to suspected cyber fraud and money mule activity This initiative is a direct response to a Supreme Court of India order…...

15+ hour, 17+ min ago   (331+ words) Whalesbook The Reserve Bank of India’s shift to a weekly credit reporting cycle has fundamentally changed how borrowers must manage their financial health Effective July 1, 2026, lenders are required to report data on the 9th, 16th, 23rd, and the final day of every…...

15+ hour, 17+ min ago   (256+ words) Whalesbook Relocating to India for retirement involves more than just physical movement; it requires a structured financial transition to comply with Indian regulations For NRIs, the move triggers a change in residential status under two major frameworks: the Income Tax…...

3+ day, 1+ hour ago   (303+ words) Whalesbook The Indian banking system is currently holding a record surplus of cash, with liquidity levels exceeding ₹11 lakh crore This unusual abundance of money has prompted the Reserve Bank of India (RBI) to step in and absorb the excess…...

3+ day, 4+ hour ago   (328+ words) Whalesbook At the Global Fintech Fest in Mumbai on September 10, 2026, Reserve Bank of India (RBI) Governor Sanjay Malhotra issued a clear directive to the fintech industry: customer data should be treated as something held in trust, rather than a commodity…...

2+ day, 22+ hour ago   (266+ words) Whalesbook India recently transitioned its Consumer Price Index (CPI) to a new 2024 base year, replacing the older 2012 standard This update, based on the 2023-24 Household Consumption Expenditure Survey, aims to provide a more accurate picture of how Indians spend their money…...

3+ day, 7+ hour ago   (305+ words) Whalesbook Kotak Mahindra Bank has announced that Manish Kothari, a veteran who led the bank's commercial banking vertical, will resign from his position effective September 30, 2026 After a 31-year tenure with the institution, Kothari plans to explore entrepreneurial opportunities The bank…...

3+ day, 2+ hour ago   (270+ words) Whalesbook The Indian government has finalized the Consumer Protection (E-Commerce) (Amendment) Rules, 2026, establishing a new framework for online marketplaces that takes effect on January 1, 2027 This regulatory move follows a significant surge in consumer complaints, with data showing that nearly 29% of…...

3+ day, 8+ hour ago   (335+ words) Whalesbook The Ministry of Labour and Employment has issued a notification allowing exempted provident fund trusts to invest in rupee-denominated bonds issued by the New Development Bank This policy change expands the list of eligible debt instruments available to private…...