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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 97
IRDAI Issues Master Circular to Raise Minimum Insurance Coverage Requirements Context: On 25 July 2025, the Insurance Regulatory and Development Authority of India (IRDAI) released its latest Master Circular. This circular lays out enhanc 1 Aug 2025 Insurance Brokers Association of India (IBAI) Report on Insurance in India Context: The Insurance Brokers Association of India (IBAI) released a comprehensive report titled "Leading the Path to Insurance for All: Broker of the Future", 1 Aug 2025 Standing Committee on Finance Flags Gaps in PMIS and IBC Context: On July 31, 2025, the Standing Committee on Finance, chaired by MP Bhartruhari Mahtab, submitted a report in Parliament highlighting key issues and rec 1 Aug 2025

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Bank Credit Growth Slows Sharply in June 2025 – RBI Data Context: According to the Reserve Bank of India (RBI), non-food bank credit growth slowed to 10.2% year-on-year (Y-o-Y) as of the fortnight ended June 27, 2025, 1 Aug 2025 ICICI Bank to Begin Charging Payment Aggregators for UPI Transactions Context: From August 1, 2025, ICICI Bank will start levying charges on payment aggregators (PAs) for processing Unified Payments Interface (UPI) transactions, b 1 Aug 2025 SEBI Tightens Surveillance Framework for Small-Cap Stocks Context: SEBI has introduced a revamped Enhanced Surveillance Mechanism (ESM) framework for small- and micro-cap companies, effective July 29, 2025. The move ai 31 Jul 2025 Indian Overseas Bank Reverts to Old Internet Banking Interface Context: Indian Overseas Bank (IOB), a public sector bank, has announced a temporary rollback to its old internet banking interface after technical failures dis 31 Jul 2025 Banking Laws (Amendment) Act, 2025 Context: The Ministry of Finance has notified the Banking Laws (Amendment) Act, 2025, bringing into force comprehensive changes across five key banking legislat 31 Jul 2025
SBI Securities Launches Zero-Fee Intraday Trading Plan ‘ProZero’ Context: SBICAP Securities Limited, a subsidiary of State Bank of India (SBI), has launched ‘ProZero’, a new trading plan aimed at retail investors, offering ze 30 Jul 2025 RBI Lifts Corrective Action Plan on Religare Finvest Limited Context: The Reserve Bank of India (RBI) has withdrawn the Corrective Action Plan (CAP) restrictions on Religare Finvest Limited (RFL) with immediate effect, fo 30 Jul 2025
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