2,165 articles
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.
IndusInd Bank’s Accounting Discrepancies in Derivatives Portfolio
Context: IndusInd Bank has revealed that incorrect accounting of internal derivatives trades, particularly in cases of early terminations, led to notional profi
28 Apr 2025
Sebi’s Shift to a Paperless Future
Context: The Securities and Exchange Board of India (Sebi) is set to modernize its operations with the adoption of a fully digital 'e-office' system, marking a
28 Apr 2025
Health Insurance Fraud in India
Context: India’s health insurance industry is grappling with significant fraud that is draining resources, costing the industry an estimated ₹12,000 crore annua
28 Apr 2025
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RBI Cancels Licence of Imperial Urban Co-operative Bank
Context: The Reserve Bank of India (RBI) has cancelled the licence of Imperial Urban Co-operative Bank, based in Jalandhar, due to its insufficient capital and
28 Apr 2025
Amazon’s Rs 350 Crore Investment in Amazon Pay India
Context: Amazon has injected Rs 350 crore into its payments arm, Amazon Pay India, marking its third significant investment into the company in less than a year
28 Apr 2025
EPFO Introduces Revamped Form 13 to Simplify PF Transfer Process
Context: The Employees' Provident Fund Organisation (EPFO) has introduced a revamped version of Form 13 to streamline PF account transfers for members chan
26 Apr 2025
Indian Bank Announces Reduced Interest Rates on Home and Vehicle Loans
Key Changes: Home Loan Rates: Reduced from 8.15% per annum to 7.90%. Vehicle Loan Rates: Reduced from 8.50% to 8.25%. Benefits for Borrowers: Lower EMIs: The ra
26 Apr 2025
Direct Tax Collection in FY25
Context: The provisional net direct tax collection for the financial year 2024-25 marginally fell short of the revised target, growing 13.57 per cent to ₹22.26
26 Apr 2025
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GST Appellate Tribunal (GSTAT) Procedure Rules, 2025 Notified
Context: In a major step towards making the Goods and Services Tax Appellate Tribunal (GSTAT) functional, the Ministry of Finance notified the GST Appellate Tri
26 Apr 2025
RBI Imposes Penalties on Indian Bank and Mahindra Finance for Regulatory Violations
Penalty on Indian Bank – ₹1.61 Crore: The Reserve Bank of India (RBI) fined Indian Bank ₹1.61 crore for: Failing to benchmark interest rates correctly on certai
26 Apr 2025
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