Source: TOI Context: The Asian Development Bank (ADB) raised India’s GDP growth forecast for FY26 to 7.2%, up 70 basis points from its earlier estimate of 6.5%, citing strong domestic consumption supported by recent tax cuts. The growth projection for FY27 remains unchanged at 6.5%. Key Highlights: FY26 Growth Forecast Comparisons Institution Earlier Forecast (%) Revised Forecast (%) ADB 6.5 7.2 Fitch 6.9 7.4 Crisil 6.5 7.0 SBI Research 6.3 7.6 CareEdge 6.9 7.5 IDFC Bank 6.8 7.6 Kotak Mahindra 6.5 7.8

Source: ET Context: The Reserve Bank of India (RBI) has initiated discussions with authorised banks to ensure uniform disclosure of fees and to address overlaps in retail foreign exchange (forex) services. This move aims to enhance transparency for retail users in transactions involving forex cash, tom (next-day settlement) and spot contracts. Key Highlights: Previous Norms Proposed Measures

Source: BS Context: The Pension Fund Regulatory and Development Authority (PFRDA) has revised investment norms for private pension funds, allowing broader diversification to optimize returns. The changes came into effect immediately with the circular issued on December 10, 2025. Previous Norms Key Changes Implications

Source: ET Context: The Reserve Bank of India is expected to keep its policy repo rate unchanged at 5.25% through the next fiscal year after a 25-basis-point cut earlier this month, according to BMI, part of Fitch Solutions. Key Highlights: Economic Rationale Risks and Considerations

Source: Mint Context: The Securities and Exchange Board of India (SEBI) is exploring the creation of a consolidated statement of all financial assets of an individual, in collaboration with other financial sector regulators. The move is aimed at simplifying access to investment information and empowering households with a holistic view of their financial holdings. Key Highlights:

Source: Mint Context: The Securities and Exchange Board of India (SEBI) has relaxed the re-KYC process for Non-Resident Indians (NRIs), making it easier for them to update their KYC details without being physically present in India. Key Highlights:

Source: ET Context: The Reserve Bank of India (RBI) has called on microfinance institutions (MFIs) to expand their lending beyond the traditional joint liability group (JLG) model, in order to strengthen financial stability and enhance contribution to the economy. This was highlighted at a seminar in Kolkata organized by the Association of Microfinance Institutions (AMFI)-West Bengal, where senior RBI officials and industry experts discussed the future of MFI lending. Key Recommendations

Context: The Reserve Bank of India (RBI) has issued a draft circular requiring banks and authorised dealers to provide complete disclosure of all fees and charges for retail foreign exchange (forex) transactions. The objective is to improve transparency and enable informed decision-making by individual customers. Scope Current Scenario Proposed Change

Source: BS Context: Indian banks have stepped up borrowing through certificates of deposit (CDs) as deposit growth lags behind rising credit demand. In the fortnight ended November 28, 2025, banks raised nearly ₹ 78,000 crore via CDs, reflecting tight liquidity conditions in the banking system. This trend is expected to continue as credit growth accelerates while deposit accretion remains slow. Certificates of Deposit (CDs) Drivers of CD Borrowing