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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 138
Aditya Birla Capital Digital Launches Digital Gold SIP Product Overview: Company: Aditya Birla Capital Digital Ltd (ABCDL) Product: Digital Gold Systematic Investment Plan (SIP) App: Available on ABCD Mobile App Inv 6 May 2025 RBI Grants Online Payment Aggregator License to Zaakpay (MobiKwik) Context: Zaakpay, the business payments arm of MobiKwik, has received final RBI approval to operate as a licensed Online Payment Aggregator in India. This appro 6 May 2025 RBI Winds Down Short Dollar Positions While Managing Liquidity Through OMOs Context: The Reserve Bank of India (RBI) has begun unwinding its short dollar forward positions after a seven-month pause, while infusing rupee liquidity throug 6 May 2025

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NABARD Grade A 2026: what the 2025 cut-offs changed, and the 90-day plan

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What is Digital Rupee (e₹)? The Digital Rupee (e₹) is India’s Central Bank Digital Currency (CBDC), issued by the Reserve Bank of India (RBI). It is a legal tender in digital form, mirrori 6 May 2025 Reserve Tranche Position (RTP) Introduction The global financial architecture, led by the International Monetary Fund (IMF), relies on several instruments to ensure international monetary sta 6 May 2025 SBI Q4FY25 Results Context: State Bank of India (SBI), India’s largest lender, reported a 10% year-on-year decline in net profit for the fourth quarter of FY25, primarily due to h 5 May 2025 Rupee Hits 7-Month High of 83.76/USD Before RBI Steps In Key Highlights: Intraday Movement: The Indian rupee appreciated to 83.76 per dollar in early Friday trade — its strongest level since September 30, 2024 (when i 3 May 2025 RBI Working Group Recommends Longer Call Money Market Hours to Enhance Liquidity Flexibility Key Recommendations by RBI Working Group (Chaired by Radha Shyam Ratho): Extended Trading Hours for Call Money Market: Proposed trading window to be extended ti 3 May 2025
MGNREGA Work Demand Declines in April 2025 Work Demand Overview Demand Decrease: In April 2025, households demanding work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) stood 2 May 2025 Razorpay Launches India’s First AI-Integrated Model Context Protocol (MCP) Server Context: Razorpay has launched India’s first Model Context Protocol (MCP) server for payment gateways, enabling AI tools like chatbots to execute payment operat 2 May 2025
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