This week on Lexpresso: RBI refreshes FAQs for NBFC–P2P
platforms, reports a narrower current account deficit in Q1, and
flags easing lending and deposit rates. SEBI introduces intraday
position limits for index derivatives, tightens InvIT disclosures,
and simplifies portfolio manager compliance. Meanwhile, IFSCA
extends compliance officer deadlines, RBI fines 10 banks, and the
GST Council signals a new two-slab rate structure.
On the business side: Amazon acquires Axio and secures an NBFC
licence, Deutsche Bank weighs exiting India retail, and Jio
prepares for the country's largest IPO. Plus: IRDAI closes
doors on VC-backed fintech insurers, the rupee touches a record
low, and PMI hits a 17-year high.