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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 208
Challenges in the Cybersecurity Framework of Banks in India Credit: Business Stnadard Context: Banks will likely not meet the January 1 date for implementing a cybersecurity framework as defined by Sebi for their multina 16 Dec 2024 Investment and Current Account Deficit of India Credit: Business Standard Context: Last two years have witnessed nominal investment in India at about 33% of GDP and it is expected to remain at those levels in 16 Dec 2024 New Role for RBI Governor The appointment of Y V Reddy as the new central bank governor is a signal of continuity and change. His appointment is somewhat similar to that of Shaktikanta D 16 Dec 2024

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Details of the Changes made by SEBI: Fraud by senior management other than promoters, directors, or key managerial personnel must be disclosed if it relates to the listed entity. Corporate actions 16 Dec 2024 The Securities and Exchange Board of India’s (SEBI) Cybersecurity and Cyber Resilience Framework (CSCRF) It is a set of guidelines and standards to improve the cybersecurity of SEBI-regulated entities (REs). This framework was introduced on August 20, 202 16 Dec 2024 NCLT and NARCL Cases Context: The Finance Ministry on Thursday asked banks to closely monitor cases in NARCL and NCLT to minimise procedural delays and adjournments so that bad loan 14 Dec 2024 Fitch Ratings and CareEdge Ratings: India’s GDP Growth Outlook Credit: The Economic Time Context: Fitch Ratings reduced India's GDP growth for 2024-25 to 6.4% from 7.2% but does not expect the slump to be extended. Key High 14 Dec 2024 India’s Income Inequality and Growth Credit: Business Standard Context: According to WIL, the income inequality in present India is worse than that during colonial rule, which does not imply that t 14 Dec 2024
Increasing Fraud Cases Face Public Sector Banks of India Context Borrowal account frauds are responsible for ten percent of the total fraud cases and for 98% of the total fraud value in the period from April 2020 to S 14 Dec 2024 Retail Inflation in India Takes a Soft Curve Context: Retail inflation dropped to 5.48% in November, after being 6.2% for the previous month. Reserve Bank Of India kept rates unchanged and reduced the cash 14 Dec 2024
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