India===Reserve Bank of India

The India===Reserve Bank of India manages India's foreign exchange reserves, which saw a dip in the latest week. Despite the dip, the India===Reserve Bank of India stated that the reserves are sufficient to cover over 11 months of merchandise imports and that India's external sector remains resilient.

The India===Reserve Bank of India has launched a new high-security data center in India===Odisha to enhance the safety and continuity of its critical financial infrastructure. This move strengthens its operational resilience and control over financial data, which is considered critical national infrastructure.

The India===Reserve Bank of India (RBI) has issued new regulatory guidelines for digital lending, aiming to strengthen the framework, enhance customer protection, and ensure a safe digital lending ecosystem. RBI has also operationalized a directory of Digital Lending Apps (DLAs) to help customers verify legitimate apps.

The India===Reserve Bank of India imposed restrictions on lenders' net onshore open FX positions and later intensified its regulatory crackdown by barring local lenders from offering clients NDF and disallowing companies from rebooking canceled forward contracts. These measures aimed to stabilize the India===Indian Rupee.

The India===Reserve Bank of India granted in-principle approval to Transcorp International Limited for participation in Centralized Payment Systems, enabling the company to build and operate its payment ecosystem with RTGS and NEFT capabilities. This action by the India===Reserve Bank of India supports the evolution of India's digital financial services ecosystem.