UPI transactions surged in November 2025 with over 19 billion transactions worth ₹24.58 lakh crore, highlighting digital payment growth and India’s cashless economy. UPI Transactions Surge 23% in November 2025 — Digital Payments Chart New High Record Growth in UPI Usage India’s flagship digital payment system, Unified Payments Interface (UPI), saw a robust surge in…
Executive Directors Appointed in PSBs 2025 including Canara Bank, Union Bank, PNB, and Indian Bank. Learn about tenure, key roles, FSIB recommendations, and exam-relevant banking updates. Government appoints new Executive Directors in multiple banks — Strengthening PSU banking leadership Strategic appointment of five new Executive Directors (EDs) The Government of India has appointed five new…
SBI joins India Bullion Exchange as a Special Category Client, completing its first gold trade at GIFT City, Gujarat. Learn how this move boosts MSME jewellers, promotes transparency, and strengthens India’s bullion trading ecosystem. SBI Becomes Special Category Client on IIBX, First Gold Trade Completed In a landmark move that signals a step toward modernising…
RBI returns Jana Small Finance Bank’s application for a universal bank licence, citing unmet eligibility conditions. Learn why the regulator took this step, how it impacts India’s banking landscape, and what it means for other Small Finance Banks aspiring for universal status. RBI Returns Jana Small Finance Bank’s Application for Universal Bank Licence Large-scale banking…
RBI removes ₹10,000 crore lending limit on corporate borrowers under the new RBI Large Exposure Framework Update. Know details, implications, exam relevance, and FAQs for RBI and UPSC 2025. RBI Withdraws ₹10,000 Crore Lending Cap on Large Borrowers What the news is about The Reserve Bank of India (RBI) has removed a system-wide limit of…
Vishakha Mulye appointed as MD & CEO of Aditya Birla Capital in 2025, leading ABCL’s One ABC, One P&L strategy, digital finance platforms, and capital expansion initiatives. Vishakha Mulye Appointed MD & CEO of Aditya Birla Capital for Five-Year Term Strategic Leadership Shift at Aditya Birla Capital On September 1, 2025, Aditya Birla Capital (ABCL)…
India Post Payments Bank Foundation Day 2025 marks its 8th anniversary, crossing 12 crore customers and expanding digital banking services across rural India with DBT integration. Indian Post Payments Bank Celebrates 8th Foundation Day Expanding Financial Inclusion Nationwide India Post Payments Bank (IPPB) has celebrated its 8th Foundation Day on September 1, 2025, marking a…
J&K Bank chairman appointment – S. Krishnan has been named as the new non-executive chairman of Jammu & Kashmir Bank till March 2028, pending RBI approval. Learn about his career, qualifications, and significance for competitive exams. S. Krishnan Appointed Non-Executive Chairman of J&K Bank Introduction to the AppointmentIn a key leadership move aimed at strengthening…
RBI dollar rupee swap 2025 matured on August 4 without rollover, absorbing ₹43,000 crore liquidity. Know how this impacts banking, forex, and exam-relevant current affairs. RBI to Deliver $5 Billion Dollar‑Rupee Swap Without Rollover Overview of the Swap Operation The Reserve Bank of India (RBI) has confirmed delivery of a $5 billion dollar‑rupee buy‑sell swap, maturing…
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…
