RBI Cracks Down on Recovery Agents: New guidelines effective January 2027 ban banks from locking borrower devices or sharing personal data with recovery agents, setting clearer boundaries for the ₹60 lakh crore personal loan market.
UPI's "Free" Era Faces Legal Challenge: Lok Sabha passed the Taxation and Other Laws (Amendment) Bill 2026, opening the door to Merchant Discount Rate on UPI transactions; Rajya Sabha vote next.
