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5h agoIndia Implements Major Rule Changes from October 1, 2025
India implemented multiple financial reforms effective October 1, including allowing non-government NPS subscribers up to 100% equity allocation, RBI’s continuous cheque clearing, and a ban on real-money gaming apps. The changes also end UPI P2P pull transactions and mandate bank locker agreement updates. Regulators said the measures aim to enhance market efficiency, transaction security, and consumer protection, reflecting India’s ongoing modernization of banking and fintech ecosystems.
positive
5h agoIndia Implements Major Rule Changes from October 1, 2025
India implemented multiple financial reforms effective October 1, including allowing non-government NPS subscribers up to 100% equity allocation, RBI’s continuous cheque clearing, and a ban on real-money gaming apps. The changes also end UPI P2P pull transactions and mandate bank locker agreement updates. Regulators said the measures aim to enhance market efficiency, transaction security, and consumer protection, reflecting India’s ongoing modernization of banking and fintech ecosystems.
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India Implements Major Rule Changes from October 1, 2025
about 6 hours ago
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India Implements Major Rule Changes from October 1, 2025
India implemented multiple financial reforms effective October 1, including allowing non-government NPS subscribers up to 100% equity allocation, RBI’s continuous cheque clearing, and a ban on real-money gaming apps. The changes also end UPI P2P pull transactions and mandate bank locker agreement updates. Regulators said the measures aim to enhance market efficiency, transaction security, and consumer protection, reflecting India’s ongoing modernization of banking and fintech ecosystems.
India implemented multiple financial reforms effective October 1, including allowing non-government NPS subscribers up to 100% equity allocation, RBI’s continuous cheque clearing, and a ban on real-money gaming apps. The changes also end UPI P2P pull transactions and mandate bank locker agreement updates. Regulators said the measures aim to enhance market efficiency, transaction security, and consumer protection, reflecting India’s ongoing modernization of banking and fintech ecosystems.
Tags:
India
RBI
India
RBI
NPS
UPI
banking reforms
fintech regulation
real-money gaming ban
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