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Banking/Finance

Written for the exam, not for the news cycle. Every item carries what it means for NABARD Grade A, RBI Grade B and SEBI Grade A.

Page 120
RBI Releases Draft Norms for Rupee Interest Rate Derivatives Context: On June 17, 2025, the Reserve Bank of India (RBI) issued draft regulations for the Rupee Interest Rate Derivatives (IRD) market. The move aims to updat 17 Jun 2025 FPIs Seek Relaxation in Disclosure Norms and Renewal Tenure Context: Foreign Portfolio Investors (FPIs) have collectively urged the Securities and Exchange Board of India (SEBI) to introduce regulatory relaxations aimed 17 Jun 2025 Sebi’s Centralized Fee Collection Mechanism (CeFCoM) Context: The Securities and Exchange Board of India’s (Sebi) centralized fee collection mechanism (CeFCoM), introduced to safeguard investors from unregistered 17 Jun 2025

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Maharashtra State Cooperative Bank Launches India’s First Cybersecurity Operations Centre for Cooperative Banks Context: The Maharashtra State Cooperative Bank (MSC Bank) has inaugurated India’s first dedicated Cyber Security Operations Centre (C-SOC) for the cooperative 17 Jun 2025 Indian Overseas Bank Launches ‘Locate IOB’ to Enhance Branch Accessibility Context: Indian Overseas Bank (IOB) has introduced a new digital tool, ‘Locate IOB’, aimed at improving customer access to its branches and ATMs by leveraging l 17 Jun 2025 Poonawalla Fincorp Launches ‘Business Loan 24/7’ Context: Poonawalla Fincorp Limited (PFL), a Non-Banking Financial Company (NBFC) from the Cyrus Poonawalla Group, has introduced ‘Business Loan 24/7’, a fully 17 Jun 2025 Second Batch of Phase 2 Capacity-Building under NAKSHA Programme Context: The Department of Land Resources (DoLR), under the Ministry of Rural Development, Government of India, has announced the launch of the second batch of 16 Jun 2025 Govt Likely to Amend Refund Clause in New IT Bill, 2025 Context: In a major relief for taxpayers, the government is likely to amend the controversial refund provision in the draft Income Tax (IT) Bill, 2025, which cu 16 Jun 2025
SEBI Likely to Announce Regulatory Relaxations Context: The Securities and Exchange Board of India (SEBI) is expected to introduce a set of regulatory relaxations and reforms during its upcoming board meetin 16 Jun 2025 The Journey of Regional Rural Banks (RRBs) Context: The journey of Regional Rural Banks (RRBs), which began with the establishment of five banks on October 2, 1975, has been both remarkable and transform 16 Jun 2025
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