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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 29
Small, Steady Steps Toward Rupee Internationalisation Source: BS India has begun a gradual, long-term process to make the rupee more widely used in global trade and finance. While progress is modest so far, policym 2 Mar 2026 New GDP Series (Base Year FY23) Source: IE Why in News? The Ministry of Statistics and Programme Implementation (MoSPI) has revised India’s national accounts. GDP base year shifted from 2011–1 2 Mar 2026 New GDP Series Upgrades FY26 Growth to 7.6% Source: TOI Why in News? The Government released Second Advance Estimates of GDP based on the new national accounts series. India’s GDP growth for FY 2025–26 is 2 Mar 2026

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MSME Ministry Upgrades NSIC to Schedule ‘A’ Category CPSE Source: PIB Why in News? The Ministry of MSME has upgraded the National Small Industries Corporation (NSIC) to Schedule ‘A’ status from Schedule ‘B’. The move r 2 Mar 2026 RBI Prop Trading Curbs May Give Edge to Foreign Firms Source: Mint Why in News? The Reserve Bank of India (RBI) has tightened bank lending norms for proprietary (prop) traders. Market participants say the move may 28 Feb 2026 RBI Gives Compliance Relief for Small Merchant UPI Transactions Source: Business Standard Why in News? The Reserve Bank of India (RBI) has clarified regulatory norms for small merchant UPI transactions (P2PM). The move eases 28 Feb 2026 Digital Rupee Pilot for Food Subsidy Under PMGKAY Source: Mint Why in News? The Union government will launch a Central Bank Digital Currency (CBDC)-based pilot for delivering food subsidies under the Pradhan Ma 27 Feb 2026 IRDAI Directs Insurers to Cut Costs to Make Health Covers Affordable Source: The Times of India Why in News? The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurers to reduce operational and distrib 27 Feb 2026
New RBI Norms May Trim Banks’ Fee Income : The Reserve Bank of India (RBI) has issued draft and final guidelines aimed at curbing mis-selling of financial products and tightening broker funding norms. 26 Feb 2026 Automatic Settlement of Low-Balance Inoperative EPF Accounts : The government has approved automatic settlement of small balances in inoperative provident fund accounts to reduce unclaimed funds and simplify benefit deliv 25 Feb 2026
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