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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.

Page 157
Piramal Finance Exits Housing Finance Segment; Transitions to NBFC-ICC Model Context: Piramal Finance Ltd. (PFL), formerly known as Piramal Capital & Housing Finance, has officially exited the housing finance business after surrender 9 Apr 2025 Bank of Baroda Launches ‘Square Drive’ FD Scheme Context: Bank of Baroda (BoB) has introduced a new fixed deposit scheme, dubbed the ‘bob Square Drive Deposit Scheme’, offering attractive interest rates up to 9 Apr 2025 One State, One RRB’ Model Context: The Department of Financial Services under the Ministry of Finance has notified the merger of 26 Regional Rural Banks (RRBs) to streamline rural bankin 9 Apr 2025

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RBI’s OMO Sees Strong Demand Context: The Reserve Bank of India (RBI) received ₹70,144 crore worth of bids in its second Open Market Operation (OMO) for FY26, more than 3.5x the notified am 9 Apr 2025 SEBI’s Overprotection The Nanny Regulator’s New Avatar The article humorously dubs SEBI as “Mummy-SEBI”, likening the regulator’s approach to overprotective parenting. With a wave of 9 Apr 2025 India Pushes Rupee-Based Trade Settlement Amid US Tariffs Context: The Indian government has urged banks to promote rupee-based international trade settlements through the Special Rupee Vostro Account (SRVA) system. Th 9 Apr 2025 UPI Outages 2025 Why in News? The Unified Payments Interface (UPI) experienced multiple outages between March 26 and April 2, 2025. Disruptions impacted both banking apps and th 9 Apr 2025 Finance Ministry Notifies Form ITRB for Disclosure of Undisclosed Income Post Search Operations Context: The Finance Ministry has notified Form ITRB via gazette, to be used by taxpayers for disclosing previously undisclosed income uncovered during income t 9 Apr 2025
Shriram Finance Eyes RBI Primary Dealer Licence Context: Shriram Finance, one of India’s largest non-banking financial companies (NBFCs), is seeking a standalone Primary Dealer (PD) licence from the Reserve B 9 Apr 2025 Government May Set Up Oversight Panel for CoC Conduct in IBC Process Context: The Ministry of Corporate Affairs (MCA) is considering the formation of an oversight committee to ensure stricter enforcement of the Code of Conduct fo 9 Apr 2025
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