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RBI Reviewing Bank Licensing Framework & Insurance Distribution Role: Sanjay Malhotra Context: In his first public remarks since taking over in December 2024, RBI Governor Sanjay Malhotra outlined key regulatory priorities, including a review of 23 May 2025 NSE Proposes Tuesday for Weekly Index Derivatives Expiry amid SEBI’s New Guidelines Context: The National Stock Exchange (NSE) has proposed shifting the weekly expiry of its index derivative contracts to Tuesday, moving away from the current Th 23 May 2025 RBI’s Payments Regulatory Board (PRB) Context: The RBI has notified the structure and functioning of the Payments Regulatory Board (PRB) under the Board for Regulation and Supervision of Payment and 23 May 2025

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RBI Co-lending Guidelines Aim to Lower Digital Lending Rates Context: The Reserve Bank of India (RBI) has held consultations with top fintech bodies to review feedback on draft colending guidelines. Meeting participants i 23 May 2025 RBI Proposes Special Share Certificates for UCBs to Boost Capital Base Context: To enhance capital mobilisation options for UCBs, especially Tier-4 UCBs, through innovative instruments like Special Share Certificates (SSCs) and Per 23 May 2025 NPCI Steps up UPI Vigil to Prevent Future Disruptions in Core Network Context: The National Payments Corporation of India (NPCI) has issued a circular to strengthen its supervisory framework over Unified Payments Interface (UPI) o 23 May 2025 Volatility in Financial Markets Context: The Reserve Bank of India (RBI) sold $34.5 billion on a net basis in FY2024–25, the highest level of dollar sales since the global financial crisis of 23 May 2025 Indian Scientists Discover Jarosite as a Natural Luminescent Clock for Mars and Earth Context: A team of Indian researchers has revealed that Jarosite, a mineral prevalent on Mars, can function as a natural luminescent clock. This unique property 23 May 2025

Keezhadi Excavation: Ancient Tamil Urban Civilization Context: The Archaeological Survey of India (ASI) has requested noted archaeologist Amarnath Ramakrishna to revise and resubmit his report on the Keezhadi excav 23 May 2025 Santhara in Jainism Context: A tragic incident involving the death of a three-year-old girl in Indore, allegedly due to Santhara administered by a Jain monk, has reignited legal an 23 May 2025

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