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SEBI Proposes Relaxed Norms for FPIs Investing Only in Indian Government Bonds Context: The Securities and Exchange Board of India (SEBI) has proposed a new framework to ease regulatory requirements for Foreign Portfolio Investors (FPIs) i 14 May 2025 Public Sector Banks Launch Special Deposit Products to Boost Resource Mobilisation Context: With deposit growth slowing to 10.3% in FY25 from 13.5% in FY24, state-run banks are launching innovative deposit schemes to attract customers. Most pu 14 May 2025 Nationalisation of Banks in India Introduction Nationalisation of banks in India is a turning point in the financial and economic history of the nation. Not only did it alter the form and owners 14 May 2025

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Expression of Interest (EOI) Context: A consortium of banks led by Union Bank of India has received 17–18 expressions of interest (EoIs) for the sale of ₹728.58 crore in stressed loans of S 14 May 2025 Payment Aggregator Context: Prosus-backed fintech firm PayU Payments Pvt. Ltd. has received final authorisation from the Reserve Bank of India (RBI) to function as an online payme 14 May 2025 Treasury Bills (T-Bills): A Key Short-Term Government Instrument Context: India has extended its financial support to the Maldives by rolling over a $50 million Treasury Bill, continuing a practice that began in 2019. The mov 14 May 2025 Challenges Faced by Indian MSMEs: SIDBI Report Context: A new report by the Small Industries Development Bank of India (SIDBI), titled “Understanding the Indian MSME Sector: Progress and Challenges”, reveals 14 May 2025 Fitch Upgrades Shriram Finance to ‘BB+’ Context: Fitch Ratings upgraded Shriram Finance Ltd.’s (SFL) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) from ‘BB’ to ‘BB+’, with a ‘Sta 14 May 2025

India Identifies Priority Corridors for Zero-Emission Trucking (ZET) What is Zero-Emission Trucking (ZET)? Zero-Emission Trucking refers to freight transport using battery electric or hydrogen fuel cell trucks that produce no tai 14 May 2025 PM SHRI (Pradhan Mantri Schools for Rising India) Scheme Context: The Kerala government on Tuesday announced it will pursue a legal course, along with protests on ground, to recover over Rs 1,500 crore allegedly withh 14 May 2025

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