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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 84
Foreign Investors Pull Out ₹34.99 Crore from Indian Equities : Foreign Portfolio Investors (FPIs) withdrew ₹34,993 crore (~$4 billion) from Indian equities in August 2025, the sharpest sell-off in six months. The move was 1 Sep 2025 Unit Linked Insurance Plans (ULIPs) Context: The government has recently revised the tax treatment of Unit Linked Insurance Plans (ULIPs), removing earlier ambiguities and bringing them in line wi 1 Sep 2025 SEBI’s Cybersecurity Framework to Ease Burden : The Securities and Exchange Board of India (SEBI) has issued clarifications on its Cybersecurity and Cyber Resilience Framework (CSCRF), introducing graded co 1 Sep 2025

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RBI Imposes Penalty on Bandhan Bank : The Reserve Bank of India (RBI) imposed a penalty of ₹44.70 lakh on Bandhan Bank following a supervisory inspection related to its financial position as of Ma 1 Sep 2025 RBI Likely to Approve Fino Payments Bank’s Conversion to Small Finance Bank Context: The Reserve Bank of India (RBI) is likely to approve Fino Payments Bank’s request for conversion into a Small Finance Bank (SFB) by March 2026, sources 1 Sep 2025 RBI Data Shows Slow Credit and Deposit Growth in Rural India : RBI’s latest data highlights that Scheduled Commercial Banks (SCBs) have struggled to mobilise deposits and expand lending in rural India (“Bharat”) compared 1 Sep 2025 Jio Payments Bank to Launch “Savings Pro” Deposit Account : At the second Annual General Meeting (AGM) of Jio Financial Services (JFS), MD & CEO Hitesh Sethia announced an upcoming innovative product, Savings Pro, 30 Aug 2025 Index of Industrial Production (IIP) : India’s Index of Industrial Production (IIP) registered a 3.5% growth in July, a four-month high. The data came a day after the U.S., India’s largest trading 30 Aug 2025
SEBI Plans Incentives for First-Time Women Mutual Fund Investors : To promote financial inclusion and encourage greater participation of women in mutual funds, SEBI Chairman Tuhin Kanta Pandey announced that the regulator is 29 Aug 2025 Utkarsh Small Finance Bank Partners with Hitachi Payment Services for Payment Processing and Debit Card Management Context: Utkarsh Small Finance Bank (SFB) has partnered with Hitachi Payment Services to enhance its payment processing system and debit card management platfor 29 Aug 2025
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