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…
SBI solar rooftop scheme aims to solarize 4 million Indian homes by FY27, boosting India’s Net-Zero mission with renewable energy, rural upliftment, and green finance. SBI to Solarize 4 Million Indian Homes by 2027 SBI’s Big Green Push The State Bank of India (SBI), the nation’s largest public sector bank, announced a bold “Solar Rooftop…
NACH 3.0 by NPCI introduces faster and more secure recurring transactions like salary credits, EMIs, and SIPs. Learn its key features, benefits, and exam-relevant details. NPCI Launches NACH 3.0 to Enable Faster Salary, EMI, and SIP Transactions The National Payments Corporation of India (NPCI) has begun rolling out NACH 3.0, a significant upgrade to the National Automated…
Revised PSL Norms 2025 – RBI lowers priority sector lending target for Small Finance Banks from 75% to 60% effective FY 2025–26. Know the impact, history, and exam-relevant facts. RBI Slashes Priority Sector Lending Norms for Small Finance Banks in FY 2025–26 The Reserve Bank of India (RBI) has announced significant changes to the Priority…
