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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 146
New CBDT Notification Context: The Central Board of Direct Taxes (CBDT) has issued a notification stating that companies can no longer claim tax deductions on expenditures incurred t 25 Apr 2025 DigiLocker Initiative Launched for Athletes Context: Sports Minister Mansukh Mandaviya has launched the DigiLocker facility for athletes, aiming to digitally store and manage essential sports documents. T 25 Apr 2025 SEBI Action Against Madhav Stock Vision Context: The Securities and Exchange Board of India (SEBI) has debarred Madhav Stock Vision Pvt. Ltd. (MSVPL) and five other individuals from dealing in securit 24 Apr 2025

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New Business Premiums (NBPs) Growth in FY25 Context: In FY25, the life insurance sector witnessed a 5.13% growth in new business premiums (NBPs), reaching ₹3.97 trillion, compared to ₹3.77 trillion in the 24 Apr 2025 RBI MPC Meeting (April 2025) Context: In the April 2025 meeting, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided to cut the repo rate by 25 basis points (bps) 24 Apr 2025 NPCI’s Netbanking 2.0 Context: The National Payments Corporation of India (NPCI)’s subsidiary, Bharat BillPay (NBBL), is set to launch a new Netbanking system (switch) aimed at impro 24 Apr 2025 AU Small Finance Bank Rolls Out Elite Concierge Services for AU ivy and AU Eternity Program Members Context: AU Small Finance Bank (AU SFB), India's largest small finance bank, has introduced concierge services for its premium banking programs, AU ivy and AU E 24 Apr 2025 RBI Cancels Licence of Ajantha Urban Co-operative Bank, Aurangabad Context: The Reserve Bank of India (RBI) has cancelled the banking licence of Ajantha Urban Co-operative Bank Maryadit, based in Aurangabad, Maharashtra, citing 24 Apr 2025
SEBI Revises NAV Cut-off Timings for Mutual Fund Overnight Schemes (MFOS) Key Announcement The Securities and Exchange Board of India (SEBI) has announced revised cut-off timings for determining the Net Asset Value (NAV) applicable to 24 Apr 2025 Letter of Engagement (LoE) Context: Under the Securities and Exchange Board of India (SEBI) Investment Advisors Regulations, 2013, all Registered Investment Advisors (RIAs) are required t 24 Apr 2025
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