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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 193
Foreign Exchange Management Act (FEMA) Context: Reserve Bank of India (RBI) amended the Foreign Exchange Management Act (FEMA) of 1999 to allow overseas branches of authorized dealer banks to open IN 17 Jan 2025 RBI’s de-Registration Process for NBFCs Context: RBI assessing Tata Sons’ plea for de-registration as NBFC. RBI Regulations on NBFC According to RBI regulations, the company must get listed on the exc 17 Jan 2025 RBI’s Exchange Rate Policy Context: The RBI has discontinued its flexible exchange rate regime in 2022 and is maintaining a de facto peg against the U.S. dollar. Exchange Rate Policy A fl 16 Jan 2025

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NABARD Grade A 2026: what the 2025 cut-offs changed, and the 90-day plan

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Variable Rate Repo (VRR) Context: the Reserve Bank of India (RBI) has announced that it will conduct daily variable rate repo (VRR) auctions on all working days in Mumbai, until further 16 Jan 2025 BharatPe is Targeting an Initial Public Offering (IPO) Context: Fintech firm BharatPe is targeting an initial public offering (IPO) in the next 18 to 24 months with the company expecting profitability at an earnings 15 Jan 2025 Sebi Proposes Demat Shares for Corporate Restructuring Context: Sebi is proposing to issue all shares in demat mode in case a company splits or consolidates the face value of its shares. The regulator is also propos 15 Jan 2025 Currency Volatility Context: RBI will retain its policy of currency market intervention to check excessive volatility as part of its overall strategy for macro-economic management, 15 Jan 2025 The Geotagging Initiative Context: The Union Ministry of Finance (FinMin) is planning to direct banks to implement geotagging for all Business Correspondents (BCs) in order to enhance ac 15 Jan 2025
Fintech Association for Consumer Empowerment (FACE) Context: In a data release, which comes amid concerns on the personal loans front, which have even led to actions from RBI to curb lending in it, Fintech Associ 14 Jan 2025 Direct and Indirect Taxes in India Context: Growth in India’s net direct tax collections slowed marginally over the past month to touch 15.88% by January 12, from a 16.5% uptick as of December 17 14 Jan 2025
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