SEBI Proposes AMC Regulation Overhaul Amid Conflict of Interest Concerns 🏦 SEBI AMC regulation overhaul Proposal to Redefine AMC Operations in India In a move that may redefine the operating landscape for Asset Management Companies (AMCs), the Securities and Exchange Board of India (SEBI) has proposed a comprehensive revamp of Regulation 24(b) under the SEBI (Mutual Funds) Regulations, 1996. The suggested changes aim to balance industry demands for flexibility with rigorous investor protection norms in […]

No Prepayment Penalty on Business Loans: RBI’s Game-Changing Relief for MSEs and Individual Borrowers Summary:Starting January 1, 2026, borrowers availing floating rate business loans—whether individuals or micro and small enterprises (MSEs)—will no longer face prepayment penalties. The Reserve Bank of India (RBI) has directed banks and NBFCs to stop imposing foreclosure charges on such loans, a reform welcomed by India’s credit-starved MSME sector. 🏦 RBI’s New Directive: Big Win for Borrowers No Prepayment Penalty on […]

📰 IRDAI on insurance distribution Refuses to Mandate Insurance Distribution Despite Widespread Mis-Selling Concerns 🧩 Summary Even as mis-selling of insurance products by banks remains under scrutiny, the Insurance Regulatory and Development Authority of India (Irdai) maintains its stance—distribution reforms should not be mandated. Instead, the regulator believes that strengthening consumer awareness is a more effective tool to tackle unethical sales practices. 📌 What’s the Issue? In recent years, mis-selling of insurance plans—especially through bank […]