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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 153
SEBI Reviews Mutual Fund Regulations Context: The Securities and Exchange Board of India (SEBI) is conducting a comprehensive review of Regulation 24 under the Mutual Fund (MF) Regulations. This cl 16 Apr 2025 NPCL Disables QR Share and Pay-Based International UPI Transactions for P2M Key Announcement Date of Circular: April 8, 2025 Effective Date: April 4, 2025 Issued By: National Payments Corporation of India (NPCI) Subject: Disabling QR Sh 15 Apr 2025 IRDAI Imposes ₹1.06 Crore Penalty on Flipkart for Violating Insurance E-commerce Norms Overview of Violations Total Penalty: ₹1.06 crore Reason for Penalty: Flipkart violated Insurance E-commerce Guidelines, 2017, and Corporate Agent Regulations, 15 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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Banks Seek Authority to Freeze Mule Accounts Context: Banks are seeking the authority to freeze accounts involved in channelling illicit transactions without needing approval from law enforcement agencies 15 Apr 2025 SBI Approves Restructuring Plan for RINL, Catalyzing Revival of Vizag Steel Plant Context: Directors of the State Bank of India (SBI) board have okayed a restructuring package for Vizag’s Rashtriya Ispat Nigam (RINL), paving the way for simil 15 Apr 2025 Bank of India Cuts Interest Rates on Special Deposit Scheme and Loans 1. Special Deposit Scheme – Amrit Vrishti Revised Interest Rate: 7.05% (down by 20 basis points from 7.25%) Tenure: 444 days Effective Date: April 15, 2025 Seni 15 Apr 2025 Deposit Rate Cuts in Current RBI Easing Cycle Likely to Be Moderate Context: The ongoing monetary easing cycle by the Reserve Bank of India (RBI) is expected to lead to modest deposit rate cuts, unlike the sharper declines witne 15 Apr 2025 Rate Cut 2025 Background In response to the Reserve Bank of India's 50 basis points reduction in the repo rate, leading Indian banks have revised their lending and deposit in 15 Apr 2025
Category III AIFs and Tax Challenges Context: Since their introduction in 2012, Category III Alternative Investment Funds (AIFs) have become a significant part of India’s investment landscape, rais 14 Apr 2025 Challenges in Public Sector Bank Promotions Context: Public sector banks (PSBs) in India face a critical month as March marks not only the end-of-year scrutiny on key financial metrics but also the promot 14 Apr 2025
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