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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 85
RBI Grants In-Principle Approval for Aditya Birla Capital to Operate as Payment Aggregator : Aditya Birla Capital’s subsidiary, Aditya Birla Capital Digital Ltd (ABCDL), has received in-principle authorization from the Reserve Bank of India (RBI) to o 29 Aug 2025 Punjab National Bank Launches India’s First Startup-Centric Branch : Punjab National Bank (PNB) inaugurated its first dedicated branch for startups at Bhikaji Cama Place, New Delhi, aligned with the Startup India initiative. Ke 29 Aug 2025 RBI State of the Economy Report (August 2025) : The Reserve Bank of India (RBI), in its State of the Economy article published in the August 2025 bulletin, warned that persisting India-US trade policy uncer 29 Aug 2025

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UMANG (Unified Mobile Application for New-age Governance) Context: The Employees’ Provident Fund Organisation (EPFO) has integrated its services with the government-backed UMANG (Unified Mobile Application for New-age 29 Aug 2025 SEBI Approves Groww’s $1 Billion IPO : Investment platform Groww has received approval from the Securities and Exchange Board of India (SEBI) to launch its Initial Public Offering (IPO). This will 29 Aug 2025 BharatPe Launches Unity Bank BharatPe Credit Card : BharatPe, in partnership with Unity Small Finance Bank, has launched the Unity Bank BharatPe Credit Card on the NPCI RuPay network. The card aims to provide t 28 Aug 2025 SEBI Proposes Reforms to Block Deal Framework to Enhance Transparency : The Securities and Exchange Board of India (SEBI) has proposed reforms to the block deal framework to strengthen market transparency and prevent manipulation 28 Aug 2025 Government Appoints Goldman Sachs as Advisor for PSB Stake Sale : The Government of India has appointed Goldman Sachs as the sole transaction advisor for stake dilution in four public sector banks (PSBs) — UCO Bank, Central 28 Aug 2025
SEBI on Finfluencers : The Securities and Exchange Board of India (SEBI) recently raided the Avadhut Sathe Trading Academy amid allegations of unregistered investment advice, signal 28 Aug 2025 Specialised Investment Funds (SIFs) Set to Debut in India as SEBI Issues First Approvals : The Securities and Exchange Board of India (SEBI) has begun granting approvals for Specialised Investment Funds (SIFs), a new product category introduced in A 28 Aug 2025
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