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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 72
RBI Revised Liquidity Management Framework : The Reserve Bank of India (RBI) has retained the overnight weighted average call rate (WACR) as the operating target of monetary policy, under a revised liqui 1 Oct 2025 SWIFT and Global Banks Collaborate on Instant Cross-Border Payments Context: SWIFT, the global financial messaging network, and over 30 international banks have launched an initiative to make cross-border payments instantaneous. 29 Sep 2025 RBI Introduces Forward-Looking Guidelines on Digital Payment Authentication : The Reserve Bank of India (RBI) has released new guidelines for authentication of digital payment transactions. The move aims to enhance security, strengthen 29 Sep 2025

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Life Insurance Industry Plans to Pass GST ITC Impact to Distributors : Following the nil GST on individual life and health insurance premiums announced by the GST Council, life insurers face a financial impact due to the removal 29 Sep 2025 NPS vs UPS Context: Only 1.37% of eligible staff opted for UPS as of July 2025 (Finance Ministry, Lok Sabha). Deadline: September 30, 2025, for central government employee 29 Sep 2025 SBI Card & IndiGo Co-Branded Credit Card : Domestic carrier IndiGo on Thursday announced the launch of a co-branded premium credit card in collaboration with SBI Card, offering a host of benefits to th 29 Sep 2025 National Pension System (NPS) Reforms : The National Pension System (NPS), which became available for the non-government sector in 2009, has evolved over the last 16 years, and today it is 29 Sep 2025 Multi-Commodity Exchange of India (MCX) & Gold and Silver Exchange-Traded Funds (ETFs) Context: India Bullion & Jewellers Association (IBJA) urges regulators to allow Indian-refined gold and silver bars (“India Good Delivery”) for: Multi-Commo 29 Sep 2025
NaBFID Partners with World Bank & ADB for $1 Billion Credit Enhancement Facility : NaBFID (National Bank for Financing Infrastructure and Development) is collaborating with the World Bank and Asian Development Bank (ADB) to set up a $1 billi 29 Sep 2025 BNPL (Buy-Now-Pay-Later) Platforms : RBI has directed Bengaluru-based BNPL firm Simpl to shut its payments operations immediately. Reason: Operating a payment system without RBI authorisation, wh 29 Sep 2025
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