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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 198
Micro Small and Medium Enterprises (MSME) Pic Credit: Business Standard The MSME sector has become a key driver of India's economy, fostering entrepreneurship and creating significant employment opportu 3 Jan 2025 Initial Public Offering (IPO) Pic Credit: Business Standard Why in news ? IPO wave 25 and counting: 2025 set for record number of start-up IPOs. The new year is poised to bring a significant 3 Jan 2025 Small Finance bank (SFB) Context: Microfinance company VFS Capital has applied for a small finance bank (SFB) licence under the guidelines for ´on tap´ licensing of SFBs in the private 2 Jan 2025

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UPI Transaction Hike Context: UPI transactions surged to a record 16.73 billion in December, value at Rs. 23.25 trillion (US$ 271.96 billion) In December 2024. Unifie 2 Jan 2025 Gross GST Collection is Down Output and Net Collection by India Context: Net GST collection, after adjustments for refunds, has fallen to 3.3%, lowest for current period 2024-25. Goods and Services Tax (GST) and Council Form 2 Jan 2025 Credit Expansion in the Non-Banking Financial Company (NBFC) Sector of India Context: Compared to the credit growth during the same fortnight of 2023, the credit growth for the NBFC sector shrank to 7.8% for the fortnight ending November 2 Jan 2025 Major Developments of RBI in 2024 Context: Lists all major developments of RBI in 2024 such as: Next Generation Data Warehouse, RBI Retail Direct Mobile Application, Fintech Repository, PRAVAAH 2 Jan 2025 Resolution of Public Grievances in Banking Context: The Finance Ministry on Wednesday urged public sector banks and insurance companies to expedite the resolution of public grievances. Resolution of Publ 2 Jan 2025
Bank Loan Growth Dropped for the Fifth Month Context: For the fifth month, Indian banks reported a drop in their loan growth in November due to continued "crackdown" by the Reserve Bank of India (RBI) on " 2 Jan 2025 RBI Guidelines For Asset Reconstruction Companies Pic Credit: Business Standard Why in news? The Reserve Bank of India (RBI) has issued master Direction – Reserve Bank of India (Asset Reconstruction Companies) 2 Jan 2025
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