Today’s key finance, tax & compliance changes for professionals — what changed and why it matters.
Companies Act
Reits, InvITs to double AUM to ₹20 trillion by 2030
Livemint – Companies · 2026-06-16
Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) are projected to double their Assets Under Management (AUM) to over ₹20 trillion by 2030, driven primarily by domestic institutional investments of approximately ₹11.6 trillion. This growth indicates a significant shift in investment strategies within the Indian market.
RBI
RBI eases investment rules for NRIs, OCIs
Economic Times – Top · 2026-06-16
The Reserve Bank of India (RBI) has announced relaxed investment rules for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs), allowing them to invest in Indian markets with fewer restrictions. This move aims to enhance foreign investment inflows and provide NRIs and OCIs with greater access to Indian financial markets. Why it matters: This change could lead to increased investment opportunities for finance professionals managing NRI and OCI portfolios.
RBI
Reserve Bank of India (Non-Banking Financial Companies – Undertaking of Financial Services) Second Amendment Directions, 2026
RBI – Notifications · 2026-06-15
The Reserve Bank of India has issued the Non-Banking Financial Companies (Undertaking of Financial Services) Second Amendment Directions, 2026, amending the existing regulations governing agency business. This amendment aims to enhance customer service and consolidate conduct aspects into a new set of directions. The changes are made under various sections of the RBI Act and other relevant laws.
RBI
Master Directions on Authorisation to operate a Payment System
RBI – Notifications · 2026-06-15
The Reserve Bank of India has issued Master Directions on Authorisation to operate a Payment System, effective immediately upon publication on its website. These directions outline eligibility criteria, investment restrictions from FATF non-compliant jurisdictions, validity periods for authorisation, and provisions for voluntary surrender of authorisation by Payment System Operators (PSOs). Why it matters: This framework provides clarity for entities seeking to operate payment systems, ensuring compliance with regulatory standards and enhancing operational transparency.
RBI
Reserve Bank of India (Urban Co-operative Banks – Undertaking of Financial Services) Second Amendment Directions, 2026
RBI – Notifications · 2026-06-15
The Reserve Bank of India has issued the Second Amendment Directions, 2026, to the Urban Co-operative Banks regarding the undertaking of financial services. This amendment revises the regulations governing agency business and referral services, consolidating customer service and conduct instructions into a new framework. These changes are aimed at enhancing the operational standards of urban co-operative banks.
RBI
Reserve Bank of India (Rural Co-operative Banks – Undertaking of Financial Services) Second Amendment Directions, 2026
RBI – Notifications · 2026-06-15
The Reserve Bank of India has issued the Second Amendment Directions for Rural Co-operative Banks, amending the regulations governing agency business and referral services. This amendment aims to enhance the regulatory framework and consolidate customer service instructions under a new set of directions. These changes are effective immediately as part of the ongoing efforts to ensure responsible business conduct in the sector. Why it matters: This update is crucial for finance professionals working with rural co-operative banks, as it impacts compliance and operational practices in financial services.
RBI
Reserve Bank of India (Regional Rural Banks – Undertaking of Financial Services) Second Amendment Directions, 2026
RBI – Notifications · 2026-06-15
The Reserve Bank of India has issued the Second Amendment Directions, 2026, to the Master Direction on Regional Rural Banks (RRBs) undertaking financial services. This amendment revises the regulations governing agency business and referral services, consolidating customer service and conduct aspects into a new framework. The changes are aimed at enhancing the operational efficiency of RRBs. Why it matters: This update is crucial for finance professionals working with RRBs, as it impacts compliance and operational practices in the sector.
Markets
FIIs didn’t leave India, just reshuffled: Samir Arora
Economic Times – Top · 2026-06-16
Market expert Samir Arora stated that Foreign Institutional Investors (FIIs) have not exited India but have merely reshuffled their investments. This indicates a strategic repositioning rather than a withdrawal from the Indian market, suggesting continued interest in Indian equities. Why it matters: This insight can help finance professionals understand market dynamics and investor sentiment, aiding in better investment strategies.