Context: NABARD’s consultancy arm, NABARD Consultancy Services (NCB), has initiated its first pilot carbon credit project in Karnataka’s Koppal district, aiming to integrate climate finance with rural agriculture. Key Highlights: Significance This pilot marks NABARD’s pivot into carbon markets, bridging rural farming with climate action. It is supported by global funders like Rabo Bank, and aligns with India’s move toward climate-smart agriculture. TOI
PACS Computerization Project
Context: The Government of India, through the Ministry of Cooperation (MoC) and in coordination with NABARD, is implementing a national project to computerize all functional Primary Agricultural Credit Societies (PACS) using an ERP-based common software platform. Key Highlights: ERP System Capabilities Integration with Other Government Schemes PACS are being developed as multi-service delivery hubs with integration into: PIB
NABARD Rural Economic Conditions and Sentiments Survey (RECSS)
Context: The National Bank for Agriculture and Rural Development (NABARD) released findings from its Rural Economic Conditions and Sentiments Survey (RECSS) conducted in July 2025. This bi-monthly survey highlights a significant rise in rural optimism, marking the highest confidence levels since the survey began in September 2024. Key Findings of the Survey Survey Coverage About NABARD
SBI Securities Launches Zero-Fee Intraday Trading Plan ‘ProZero’
Context: SBICAP Securities Limited, a subsidiary of State Bank of India (SBI), has launched ‘ProZero’, a new trading plan aimed at retail investors, offering zero brokerage on intraday trades. Key Highlights: About SBI Securities BL
RBI Lifts Corrective Action Plan on Religare Finvest Limited
Context: The Reserve Bank of India (RBI) has withdrawn the Corrective Action Plan (CAP) restrictions on Religare Finvest Limited (RFL) with immediate effect, following significant management and governance changes. Key Highlights: What is the Corrective Action Plan (CAP)? TET
RBI Launches 111th Industrial Outlook Survey and 46th Services & Infrastructure Survey
Context: The Reserve Bank of India (RBI) has launched the 111th round of the Industrial Outlook Survey (IOS) and the 46th round of the Services and Infrastructure Outlook Survey (SIOS) to assess the evolving business climate across key sectors of the Indian economy. Industrial Outlook Survey (IOS) – 111th Round Services and Infrastructure Outlook Survey (SIOS) – 46th Round Importance of These Surveys
New Digital Credit Assessment Model for MSMEs
Context: Announced in the Union Budget 2024–25, the New Digital Credit Assessment Model for MSMEs was officially launched by the Union Finance Minister on 6th March 2025. This model empowers Public Sector Banks (PSBs) to assess creditworthiness of MSMEs using digital footprints instead of traditional document-based methods. Key Features of the Model: Traditional vs. New Approach Aspect Traditional Model New Digital Model Assessment Manual, paper-based Fully digital, automated Data Physical documents Real-time digital data via APIs Decision Time Several days Within 24 hours Subjectivity High Reduced due to rule-based system logic Fraud Risk Higher risk of misrepresentation Lower due to system checks and digital verifiability Benefits to MSMEs Implementation & Impact PIB
SEBI Allows Pilot Testing of Fractional Shares in Innovation Sandbox
Context: In a significant regulatory development, the Securities and Exchange Board of India (SEBI) has approved a proposal to pilot fractional share trading through its innovation sandbox, marking a possible shift in India’s equity trading framework. Key Highlights: Significance This pilot could democratize stock market access for small investors in India by enabling them to invest in high-value stocks without buying full units, potentially boosting retail participation in capital markets. BS
RBI Eases Investment Norms for Banks and NBFCs in AIFs
Context: On July 30, 2025, the Reserve Bank of India (RBI) revised its regulatory framework on investments by regulated entities (REs) — including banks and NBFCs — in Alternative Investment Funds (AIFs), easing certain norms while reinforcing safeguards against indirect loan evergreening. Key Highlights of RBI’s Revised AIF Norms: Objective of the Move Background BS
IMF Upgrades India’s FY26 Growth Forecast to 6.4%
Context: The International Monetary Fund (IMF) has raised its GDP growth forecast for India for FY2025-26 (FY26) to 6.4%, up from 6.2% projected in April 2025, as per the July 2025 World Economic Outlook (WEO) update. Key Highlights: BS & TH
