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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 19
The Urban Challenge Fund (UCF) : The Urban Challenge Fund (UCF) and its companion, the Credit Repayment Guarantee Sub-Scheme (CRGSS), represent a fundamental shift in how India finances its u 18 Apr 2026 India slipped to 6th spot in IMF GDP rankings despite strong growth Context: It is a bit of a paradox: how can an economy be the "fastest-growing" but still lose its spot on the leaderboard? According to the IMF’s April 2026 Wor 18 Apr 2026 LIC Launches ‘MyLIC’ and ‘Super Sales Saathi’ Mobile Applications : The Life Insurance Corporation of India (LIC) has taken a major digital leap by launching two specialized mobile applications: MyLIC and Super Sales Saathi. T 18 Apr 2026

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Indian banks’ credit portfolio resilient amid West Asia conflict: CRISIL Context: This CRISIL report (April 17, 2026) offers a critical update on the resilience of the Indian banking sector amidst the ongoing West Asia conflict. Whil 18 Apr 2026 RBI Liberalises Branch Rules for NBFCs : The Reserve Bank of India (RBI) has issued a significant regulatory update on April 15, 2026, aimed at improving the operational flexibility of Non-Banking Fi 16 Apr 2026 IMF Lifts India FY27 Growth to 6.5% : The IMF’s World Economic Outlook (April 14, 2026) presents a rare "divergence" in the global landscape: while the world economy faces a significant slowdown, 15 Apr 2026 Fitch upgrades Shriram Finance long term foreign currency ratings to BBB- : The upgrade of Shriram Finance (SFL) by Fitch Ratings to BBB- (Investment Grade) from BB+ is a significant milestone for India’s non-banking financial sector. 15 Apr 2026 Utkarsh 2029 : The Reserve Bank of India (RBI) launched its medium-term strategy, Utkarsh 2029, in April 2026. This roadmap governs the central bank’s priorities for the thr 15 Apr 2026
New BIS Security Standards for QR-Code & Digital Payments : India is moving to position its QR (Quick Response) code-based payment system on the global stage. The Bureau of Indian Standards (BIS) has introduced fresh n 14 Apr 2026 RBI’s Stance on SFB to Universal Bank Conversion (Ujjivan & Jana) : On April 13, 2026, the Reserve Bank of India (RBI) returned the universal banking license applications of Ujjivan Small Finance Bank and Jana Small Finance Ba 14 Apr 2026
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