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India Threatens Meta’s Legal Protection After Modi Post Was Restricted

Meta is facing growing regulatory pressure in India after two incidents involving its platforms triggered scrutiny from lawmakers and government officials.

The company briefly restricted a Facebook post by Prime Minister Narendra Modi addressing students during July’s Gen Z protests. Meta later attributed the restriction to an error, although the post initially indicated it had been blocked following a legal request.

The incident came shortly after Indian regulators summoned Meta over concerns about child-abuse content on its platforms.

Three-Day Apology Demand

A parliamentary panel has given Meta CEO Mark Zuckerberg three days to apologise for the restriction of Modi’s post. If he does not, the panel has recommended removing Meta’s safe-harbour protection in India.

Safe harbour generally protects online platforms from liability for user-generated content, subject to certain legal requirements.

India is a key market for Meta, with the country representing its largest user base for WhatsApp, Instagram and Facebook. Legal experts said losing this protection could make operating in India significantly more difficult, although removing it across the entire platform would require changes to the existing legal framework.

Meta Seeks To Ease Tensions

Meta Chief Global Affairs Officer Joel Kaplan met with Information Technology Minister Ashwini Vaishnaw on Wednesday and apologised for the error involving Modi’s post.

Indian media also reported that Zuckerberg had apologised over child-abuse content, deepfakes and other platform issues, although Meta did not confirm those reports.

The company is expected to hold further meetings with Indian officials as authorities assess its compliance with local regulations.

Safe-Harbour Rules Under Scrutiny

Under Indian law, platforms can lose safe-harbour protection in certain circumstances, including failures to remove unlawful material following government or court orders or breaches involving child sexual abuse material, deepfakes and hate speech.

Technology lawyer Udit Mendiratta said the current framework generally applies loss of immunity to specific content or violations. Removing protection for an entire platform would require legislative changes.

For Meta, the dispute comes as its platforms play an increasingly important role in India’s public discourse, bringing both significant commercial opportunities and greater regulatory scrutiny.

Cyprus Loan Growth Accelerates To 14% In September

Lending in Cyprus accelerated in September, with the annual growth rate of total loans reaching 14%, up from 11.8% in August. Deposits also recorded a stronger monthly increase, according to the Central Bank of Cyprus (CBC).

Total deposits rose by a net €697.1 million to €60.2 billion at the end of September. Total loans increased by €857.8 million to €29.6 billion, according to the CBC’s October 2026 Monetary and Financial Statistics.

Deposit Growth Strengthens

Deposits recorded a monthly increase of €697.1 million, more than four times the €171.5 million rise in August. However, the annual growth rate remained unchanged at 6.5%.

Deposits held by Cyprus residents increased by €639.9 million. Household deposits rose by €93.8 million, while deposits held by non-financial corporations grew by €373 million. Other domestic sectors contributed a further €173.1 million.

Annual Loan Growth Reaches 14%

Total loans increased by a net €857.8 million in September, compared with €114.6 million in August. The annual growth rate accelerated to 14%, up from 11.8% a month earlier.

Lending to Cyprus residents rose by €470.8 million. Loans to households increased by €52.2 million, while lending to non-financial corporations grew by €110.1 million. Other domestic sectors recorded a larger increase of €308.5 million.

The figures cover deposits and loans held by monetary financial institutions in September 2026.

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