SEBI Proposes Variable Net Worth for Brokers, Reforms IPO Price Discovery & Eases Intraday MF Borrowing

SEBI Plans Bond Tokenisation Pilot, Eases FPI Onboarding via Digital PoA

SEBI is launching a pilot for bond tokenisation using shared ledger technology to improve settlement efficiency and reduce costs. Separately, it has eased FPI onboarding by allowing digitally signed Power of Attorney, eliminating notarisation and apostillisation. These reforms aim to deepen India's bond market and improve ease of doing business.

Maharashtra Proposes DELTA Act for Land Tokenisation; Asset Base Estimated at ₹50 Lakh Crore

Maharashtra is set to become India's first 'tokenised State' by proposing the DELTA Act, which creates a legal framework to convert land ownership into blockchain-based digital tokens. This could unlock an estimated ₹50 lakh crore in state land value and set a template for national adoption of Real World Asset (RWA) tokenisation across gold, bonds, and carbon credits.

SEBI Proposes Digital KYC Norms for NRIs/OCIs, Eases Physical Presence for FATF-Compliant Countries

SEBI has proposed major relaxations in KYC norms for individual overseas investors (NRIs, OCIs, foreign nationals) by allowing digital onboarding without physical presence for residents of FATF-compliant countries. This move aims to simplify entry into India's securities market, reduce paperwork, and boost foreign portfolio investment by enabling KYC portability across intermediaries.

RBI Tags Tata Sons as Upper Layer NBFC: Deregistration Decision to Determine IPO Future

RBI has included Tata Sons in the Upper Layer NBFC list, triggering a mandatory listing requirement, but its pending deregistration as a Core Investment Company could exempt it. The RBI's decision on deregistration will decide whether Tata Sons must launch an IPO, reshaping the governance and capital structure of India's largest holding company.

FM Urges RBI to Advance CBDC & Digital Rupee; India's First Tokenised Corporate Bond Pilot by REC

Finance Minister Nirmala Sitharaman urged RBI to accelerate CBDC and digital Rupee capabilities, highlighting the success of India's first tokenised corporate bond pilot by REC under SEBI's sandbox. This signals a major push towards tokenisation in financial markets, with implications for exam questions on digital currency, fintech regulation, and RBI-SEBI coordination.

SEBI Proposes FPI Access in Physically Settled Non-Agricultural Derivatives to Boost India’s Price Setting Role

SEBI proposes allowing FPIs to trade in physically settled non-agricultural commodity derivatives (bullion, energy, base metals) to integrate India’s commodity market globally, increase liquidity, and help India become a price setter rather than a price taker. This move could deepen MCX’s market, reduce forex outflows for hedging, and attract global capital.

RBI & SEBI Tighten Cybersecurity Norms: ITRI, Kill Switch & 6-Hour Reporting Mandated

Indian financial regulators RBI and SEBI are significantly strengthening cybersecurity frameworks in response to rising AI-driven fraud. SEBI introduced an IT Resilience Index (ITRI) for market infrastructure institutions, while RBI mandated board-level ownership and a strict 6-hour cyber incident reporting window, signaling a major shift in regulatory vigilance.

RBI Rejects Tata Sons' CIC Surrender: Mandatory IPO at ₹10 Lakh Crore Valuation

RBI's rejection of Tata Sons' request to surrender its CIC registration mandates a public listing, potentially one of India's largest IPOs. The valuation could exceed ₹10 lakh crore, with key implications for Tata Trusts, SP Group, and minority shareholders. This decision marks a fundamental shift in Tata group's ownership structure and governance.