PM Jan Dhan Yojana 2025 updates – Over 54.58 crore accounts opened, 55.7% held by women. Learn about financial inclusion, DBT benefits, and exam-relevant insights. “PM Jan Dhan Yojana: A Decade of Financial Inclusion and Empowerment” Establishing Financial Foundations – PMJDY’s Journey So Far Launched on 28 August 2014, the Pradhan Mantri Jan Dhan Yojana…
RBI announces three major steps to enhance banking convenience and financial inclusion, including doorstep re-KYC camps, standardized claims, and upgraded Retail Direct platform. RBI Unveils Three Major Measures to Enhance Customer Convenience and Financial Inclusion Introduction On August 6, 2025, the Reserve Bank of India (RBI) announced three significant initiatives aimed at simplifying banking processes…
RBI data quality index March 2025 reveals improved supervisory reporting by Indian banks. Learn sDQI scores, top-performing banks, and key exam takeaways. RBI’s Supervisory Data Quality Index Rises in March 2025 What is the Supervisory Data Quality Index? The Reserve Bank of India (RBI) developed the Supervisory Data Quality Index (sDQI) to assess the quality…
Karnataka Banks Triumph at IBA Banking Technology Awards Introduction: Karnataka Banks Shine at IBA Banking Technology AwardsIn a significant achievement, Karnataka’s banks have garnered accolades at the prestigious IBA (Indian Banks’ Association) Banking Technology Awards. This recognition highlights the growing importance of technological innovation within the banking sector, especially in the state of Karnataka. The…
RBI Approves Merger of National and Cosmos Co-operative Banks Introduction: RBI’s Approval for Bank MergerThe Reserve Bank of India (RBI) has granted approval for the merger of the National Co-operative Bank and Cosmos Co-operative Bank. This approval marks a significant step in India’s banking sector, as it aims to create a stronger and more resilient…
RBI Enables Small Finance Banks to Offer Pre-Sanctioned Credit via UPI The Reserve Bank of India (RBI) has recently allowed Small Finance Banks (SFBs) to offer pre-sanctioned credit facilities through the Unified Payments Interface (UPI). This move aims to enhance the accessibility of credit, especially for those who have a limited credit history or are…
RBI Prescribes Norms for Closure of DCCB Branches The Reserve Bank of India (RBI) has recently prescribed new norms for the closure of District Central Cooperative Bank (DCCB) branches. These guidelines come as a significant development in the banking sector and have implications for candidates preparing for various government exams, including those aspiring to become…
