AU Small Finance Bank universal license news: RBI approves AU SFB as India’s first small finance bank to become a universal bank, expanding its services and market reach. AU Small Finance Bank Gets RBI Nod for Universal Bank Status: A Landmark Achievement RBI Grants Universal Bank License to AU Small Finance Bank The Reserve Bank…
UPI daily transaction record sets new benchmark with 707 million transactions in a day. Understand the impact on India’s digital economy, MDR concerns, and government goals. UPI Sets New Record with 707 Million Daily Transactions — India’s Digital Payments Boom Continues Record-Breaking Day for UPI On August 2, 2025, India’s Unified Payments Interface (UPI) achieved…
India Services PMI July 2025 surges to an 11-month high of 60.5, indicating strong growth in finance and insurance sectors despite hiring slowdown and rising input costs. Important for UPSC, SSC, Banking, and Civil Services exam aspirants. India’s Services Sector Hits 11-Month High in July 2025 HSBC India Services PMI climbs to 60.5, signaling robust…
Anuradha Thakur RBI Board Appointment: 1994 IAS officer Anuradha Thakur has been nominated as Director on RBI Central Board. Know her profile, appointment details, and exam-relevant facts. Anuradha Thakur Appointed as Director on RBI Central Board Appointment Overview The Government of India has nominated Anuradha Thakur, the Economic Affairs Secretary, as a Director on the…
Ajay Seth IRDAI chairman appointment explained for exams: tenure, powers, insurance penetration, Bima Trinity, policy reforms, and top FAQs with MCQs for UPSC, Banking, and State PSC. Ajay Seth Appointed Chairperson of IRDAI Appointment of Ajay Seth as IRDAI Chairman The Government of India has appointed Ajay Seth, a 1987‑batch IAS officer of the Karnataka…
Fino Gati Savings Account launched in West Bengal offers instant UPI activation and zero-balance savings access to boost rural digital banking and financial inclusion. Fino Payments Bank Launches Gati Savings Account to Boost UPI Adoption in Bengal Introduction: Fino’s Strategic Push Toward Digital Inclusion Fino Payments Bank has launched its ‘Gati Savings Account’ in West…
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…
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…
Nvidia market cap 2025 milestone makes it the world’s most valuable company, driven by AI chip demand. Learn its stock impact, risks, and historical context—essential for UPSC, SSC, and banking exams. Nvidia on Track to Become the World’s Most Valuable Company in History 🚀 AI-Driven Surge Pushes Nvidia’s Market Cap Near Historic High Leading AI…
RBI Executive Director 2025 news: Kesavan Ramachandran appointed to lead Prudential Regulation Division. Read about his career, responsibilities & key facts for competitive exams. Kesavan Ramachandran Appointed as RBI’s New Executive Director Introduction On July 1, 2025, the Reserve Bank of India (RBI) appointed Shri Kesavan Ramachandran as Executive Director (ED), marking a significant internal…
