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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 142
Sebi Extends Implementation Deadline for Optional T+0 Settlement Cycle Context: SEBI has extended the implementation timeline for the optional T+0 (same-day settlement) cycle for qualified stock brokers (QSBs) to November 1, 2025, 30 Apr 2025 Investor Education and Protection Fund Authority (IEPFA) Partners with Kotak Mahindra Bank to Boost Investor Awareness Context: The Investor Education and Protection Fund Authority (IEPFA) has signed a Memorandum of Understanding (MoU) with Kotak Mahindra Bank Limited (KMBL) to 30 Apr 2025 Airtel Payments Bank has introduced the RuPay ON-THE-GO Card Context: Airtel Payments Bank has introduced the RuPay ON-THE-GO card, enabled with the National Common Mobility Card (NCMC) feature, aiming to simplify digital 30 Apr 2025

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

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RBI Mandates Use of PRAVAAH Portal for Regulatory Applications Context: The Reserve Bank of India (RBI) has issued a directive requiring all regulated financial entities to use the PRAVAAH portal for submitting applications 30 Apr 2025 IndusInd Bank Deputy CEO Resigns Over ₹2,000 Crore Derivative Accounting Scandal Context: Arun Khurana, Deputy CEO and Executive Director of IndusInd Bank, resigned with immediate effect. His resignation comes after a board-reviewed ₹1,960 c 29 Apr 2025 ASCI Allows Health, Financial Influencers to Share Generic Advice Without Credentials Context: The Advertising Standards Council of India (ASCI) clarified that: Influencers do not need professional qualifications to share generic information on f 29 Apr 2025 SEBI Revises Margin Collection Norms Amid T+1 Settlement Cycle New Margin Collection Timeline Effective Directive: Stock brokers must collect client margins by the settlement day (T+1). Applicable Segment: Cash segment (equ 29 Apr 2025 SEBI Bans Patel Wealth Advisors for Order Spoofing Regulatory Action Regulator: Securities and Exchange Board of India (SEBI) Action Taken: PWA and four directors debarred from the securities market Interim orde 29 Apr 2025
Rupee Gains, Dollar Index Dips: Market Snapshot & RBI Action Rupee Performance Overview INR appreciated by 0.51% in April 2025 and 0.68% year-to-date (YTD). As of April 28, the rupee stood at ₹85.03/USD, marking a 0.49% g 29 Apr 2025 PSU Bank Q4FY25 Earnings IDBI Bank Q4FY25 Performance Net Profit: ₹2,051 crore, up 26% YoY, driven by higher non-interest income FY25 Annual Profit: ₹7,515 crore, a 33% YoY increase fro 29 Apr 2025
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