MUMBAI: India’s cyber-fraud landscape is undergoing a decisive shift, with fraudsters moving away from remote takeover of devices to real-time social engineering, where victims themselves execute transactions under live phone instruction, even as a sprawling network of mule accounts enables the laundering of proceeds.According to the July 2026 report by Biocatch (a company that assists…

The new norms will impact all non-bank lenders, including housing finance companies and microfinance providers MUMBAI: RBI’s move to harmonise interest rate frameworks across regulated entities is likely to standardise loan pricing and improve monetary transmission while reducing the pricing discretion currently available to NBFCs.The move would mark a departure from the existing structure where…