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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 92
RBI’s Revised Co-Lending Guidelines to Boost NBFC Growth – Crisil Context: RBI has issued revised co-lending guidelines, expected to create more growth opportunities for Non-Banking Financial Companies (NBFCs), as per Crisil R 14 Aug 2025 RBI Report on Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) Context: The Reserve Bank of India (RBI) has released a report by its committee on the Framework for Responsible and Ethical Enablement of AI (FREE-AI) to guide 14 Aug 2025 Retail Inflation (Consumer Price Index – CPI) Context: In July 2025, retail inflation in India dropped to 1.55% – the lowest in 8 years. This is well below the RBI’s target range of 2% to 6% and has now sta 14 Aug 2025

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RBI Allows ‘Vostro’ Accounts to Invest Surplus in Government Securities Context: The Reserve Bank of India (RBI) has permitted foreign investors to invest the entire surplus balance in their Vostro accounts into central government s 14 Aug 2025 Parliament Passes New Income Tax Bill Context: Parliament passed the new Income Tax Bill, replacing the six-decade-old Income Tax Act, 1961, aiming to simplify India’s direct tax law. The Rajya Sabh 13 Aug 2025 NPCI to Disntinue UPI ‘Pull’ Transactions from October 31, 2025 Context: The National Payments Corporation of India (NPCI), operator of the Unified Payments Interface (UPI), will discontinue ‘pull’ transactions (recipient-in 13 Aug 2025 IBC Amendment Bill Context: On 12 August 2025, Finance Minister Nirmala Sitharaman introduced the Insolvency and Bankruptcy Code (IBC) Amendment Bill in the Lok Sabha. The Bill pr 13 Aug 2025 RBI Grants In-Principle Approval to Paytm Payments Services as Online Payment Aggregator Context: The Reserve Bank of India (RBI) has granted Paytm Payments Services Ltd (PPSL), a wholly-owned subsidiary of One 97 Communications Ltd, an in-principle 13 Aug 2025
Large Value Funds (LVFs) Context: The Securities and Exchange Board of India (SEBI) has released a consultation paper proposing major reforms to Large Value Funds (LVFs) under the Alter 12 Aug 2025 SEBI Propose FPI Reforms to Boost Investment and Ease Compliance Context: The Securities and Exchange Board of India (SEBI) has issued two major proposals to enhance investment flows and simplify compliance in the Indian secu 12 Aug 2025
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