Industry Trends

Centre designates core customs and indirect tax digital platforms as “critical information infrastructure” under IT Act

The Indian government has designated core customs and indirect tax digital platforms, including ICEGATE, ECCS, and ACES-GST, as "critical information infrastructure." This move significantly enhances cybersecurity controls and restricts access to authorized personnel only. Unauthorized access to these protected systems now carries criminal penalties under the Information Technology Act.

Industry Trends

Sebi tightens screws on merchant bankers with phased net-worth requirements, liquidity norms

Sebi has introduced a phased hike in net-worth and liquid capital norms for merchant bankers starting January 2026, alongside tighter underwriting limits, governance standards and revenue thresholds. The move aims to strengthen market intermediaries amid India’s booming IPO pipeline, ensuring stronger compliance, better capital buffers and improved investor protection.

Industry Trends

EV slowdown globally, but India’s Kazam nears ₹100-crore run rate as tier-3 cities power growth

Kazam’s growth story underscores how India’s EV momentum is shifting away from metros, with tier-3 cities and three-wheeler electrification driving demand for charging infrastructure. As the startup moves closer to a ₹100-crore revenue run rate, it is also expanding beyond charging hardware into energy intelligence and peer-to-peer power trading, while keeping capital efficiency and profitability at the core of its strategy.

Industry Trends

RBL Bank Q3 Update | Advances rise 13%, deposits grow 12%

Deposits below ₹3 crore increased 15% year-on-year and 4% sequentially to ₹61,632 crore, compared with ₹53,719 crore a year earlier. These deposits accounted for around 51.5% of the bank’s total deposits as of December 31, 2025. Shares of RBL Bank Ltd ended at ₹320.80, up by ₹1.74, or 5.50%, on the BSE.