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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 147
Moody’s Review of IndusInd Bank and Yes Bank Context: Moody's has initiated a review of IndusInd Bank's risk management capabilities and its ongoing leadership transition, following revelations of accounti 24 Apr 2025 India Issues Fresh Tax Demands on Foreign SaaS Companies Context: Major global Software-as-a-Service (SaaS) providers — including Microsoft, Amazon, Google, Oracle, IBM, and Salesforce — are facing new tax assessment 24 Apr 2025 Jharkhand Govt Sign MoU with SBI Context: In a landmark move towards employee welfare, the Jharkhand government signed a Memorandum of Understanding (MoU) with the State Bank of India (SBI) on 23 Apr 2025

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Direct Arbitration for High-Value and Chronic Complaints Context: SEBI has proposed introducing direct arbitration for resolving certain types of complaints, specifically targeting high-value claims and chronic cases. 23 Apr 2025 Reforms to Strengthen Compliance and Dispute Resolution: SEBI Context: The Securities and Exchange Board of India (SEBI) has recently announced important updates aimed at enhancing compliance and resolving disputes efficie 23 Apr 2025 India’s Bank Deposit Insurance Overview: Purpose and Current Framework Objective: Protect depositors and ensure financial stability during banking crises. Administered by: Deposit Insurance a 23 Apr 2025 RBI Directive on Domain Migration for Banks The Reserve Bank of India (RBI) has instructed all banks to begin migrating their existing domains to the .bank.in domain by October 31. Purpose: This move aims 23 Apr 2025 Sharp Decline in Net FDI to India: RBI Context: Net foreign direct investment (FDI) into India fell sharply to $1.5 billion during April 2024–February 2025, compared to $11.5 billion in the same peri 23 Apr 2025
Rupee’s Real Effective Exchange Rate (REER) Declines Context: The REER of the Indian rupee dropped to 101.49 in March 2025, down from 102.37 in February, as per RBI’s monthly bulletin. The REER had peaked at 108.1 23 Apr 2025 RBI’s Standing Deposit Facility (SDF) Context: Banks’ average SDF placements rose to ₹2.13 trillion in March 2025, up from ₹1.12 trillion in February. SDF accounted for 82.6% of the total liquidity 23 Apr 2025
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