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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 21
RBI Proposes New BC Framework : The Reserve Bank of India (RBI) has issued a draft circular to restructure the Business Correspondent (BC) model and branch authorization norms. Key Deadline: 7 Apr 2026 SEBI’s Push for “Substantive” Board Independence : SEBI (Securities and Exchange Board of India) is launching a collaborative framework involving corporates, academia, and professional bodies to train and expa 7 Apr 2026 RBI’s Market-Driven Shift for Foreign Capital : The Reform: In February 2026, the RBI undertook a structural reset of the External Commercial Borrowing (ECB) framework, moving from a tightly controlled regi 7 Apr 2026

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The 16th Finance Commission : As the 16th Finance Commission (16th FC) begins finalizing its recommendations, a major debate has emerged regarding the direct "earmarking" of funds for Loca 7 Apr 2026 RBI Cancels Licence of The Shirpur Merchants’ Co-operative Bank : The Reserve Bank of India (RBI) has cancelled the banking licence of The Shirpur Merchants' Co-operative Bank (Maharashtra). Effective Date: The bank ceased a 7 Apr 2026 RBI & IRDAI: Joint Crackdown on Financial Mis-selling Context: The Reserve Bank of India (RBI) is set to release final guidelines on ‘Responsible Business Conduct’, targeting the aggressive mis-selling of third-par 6 Apr 2026 The Periodic Labour Force Survey (PLFS) Context: The Periodic Labour Force Survey (PLFS) has undergone a major revamp, shifting to monthly estimates, expanding rural coverage, and enlarging sample siz 6 Apr 2026 Moody’s Slashes India’s FY27 Growth Forecast to 6% Context: Moody’s Ratings has cut India’s GDP growth forecast for FY27 to 6%, down significantly from its previous estimate of 6.8%. The Primary Cause: The inten 6 Apr 2026
RBI Pilot: Benchmark Issuance Strategy (BIS) for SDLs Context: The Reserve Bank of India (RBI) has introduced a pilot Benchmark Issuance Strategy (BIS) for State Development Loans (SDLs) starting in Q1 FY27. Partic 4 Apr 2026 Microfinance: Displacing Informal Credit (2011–2025) : A major study by the Microfinance Industry Network (MFIN) and NCAER reveals that informal borrowing (from moneylenders) among microfinance customers has colla 4 Apr 2026
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