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NSDL Payments Bank RBI Scheduled Status granted via Second Schedule inclusion; understand Section 42 RBI Act, benefits like LAF/MSF access, deposit limits, and how this impacts competitive exam prep for 2025 aspirants. NSDL Payments Bank Inclusion in RBI’s Second Schedule Introduction: RBI Elevates NSDL Payments Bank to Scheduled Bank On June 19, 2025, the Reserve…
UPI PayNow remittance expansion: 13 Indian banks join cross-border payments with Singapore. Know how NPCI, RBI, and MAS are enabling instant, low-cost remittances via UPI-PayNow. 📝 Expanded UPI‑PayNow Linkage: 13 More Indian Banks Join Cross‑Border Remittance Network Overview of the Expansion On July 17, 2025, NPCI International Payments Limited (NIPL), the international arm of the…
CTBC Bank GIFT City unit approved in Gujarat. Taiwan’s largest private bank expands operations in India, deepening international finance and boosting India-Taiwan economic ties. Taiwan’s CTBC Bank to Open New Unit in GIFT City Taipei-based CTBC Bank Expands in IndiaTaiwan’s largest private bank, CTBC Bank, has formally applied to the International Financial Services Centres Authority…
RBI Financial Stability Report June 2025 reveals low NPA ratio, record-high CRAR, and key monetary easing measures. Must-know details for bank, UPSC, and SSC exam aspirants. 📊 RBI’s Financial Stability Report – June 2025: A Deep Dive Overview of the Report The Reserve Bank of India (RBI) released its biannual Financial Stability Report (FSR) in…
Trinidad and Tobago joins India’s UPI network via the BHIM app, becoming the first Caribbean nation to adopt the system. Learn how UPI’s expansion boosts Indian travelers and fintech diplomacy. Trinidad & Tobago Embraces India’s UPI via BHIM App Trinidad and Tobago, a twin-island Caribbean nation, on July 7, 2025, became the first country in…
Kerala health news, skin grafts, organ donation India, government medical college Thiruvananthapuram, World Plastic Surgery Day, public healthcare infrastructure, burn treatment India Kerala Inaugurates Its First Skin Bank at Thiruvananthapuram Medical College Kerala is set to revolutionize burn care with the launch of its first government-operated skin bank, established at Thiruvananthapuram Government Medical College Hospital…
RBI Innovation Hub appoints Sahil Kini as CEO in July 2025. Learn key insights, history, and exam-relevant facts for banking, PSC, and UPSC aspirants. Sahil Kini Named CEO of RBI Innovation Hub: Leading India’s Fintech Innovation Charge A New Leader at RBIH Sahil Kini, co‑founder of Bengaluru‑based fintech infrastructure firm Setu and a former core…
Mashreq Bank becomes the first UAE-based bank to receive IFSCA approval for setting up a branch in GIFT City, marking a major milestone in India-UAE financial cooperation. Mashreq Becomes the First UAE Bank to Enter GIFT City Introduction Mashreq Bank, a prominent financial institution from the United Arab Emirates (UAE), has secured in-principle approval from…
SBI Global Trade Centres launched in Kolkata and Hyderabad to mark its 70th anniversary, introducing AI and blockchain to boost trade finance operations and support India’s economic growth. SBI Launches Global Trade Finance Centres in Kolkata & Hyderabad State Bank of India (SBI), marking seven decades since its inception, has inaugurated two Global Trade Finance…
Indore launches India’s first QR code-based digital house address system linked with Digipin and GPS, improving urban governance and smart city delivery. Indore Launches India’s First QR‑Based Digital House Address System Introduction to Indore’s Digital Address Initiative Indore Municipal Corporation (IMC) has pioneered India’s first ever QR‑based Digital House Address Project, marking a significant leap…
