SEBI GARUDA Green Channel Framework for AIF schemes explained in detail. Learn its objectives, key features, benefits, impact on startups and capital markets, and important exam-focused facts for UPSC, SSC, Banking and State PSC exams. Introduction to the GARUDA Framework The Securities and Exchange Board of India (SEBI) has introduced the GARUDA framework, a significant…
RBI cancels bank licence of Shree Mahalaxmi Co-operative Credit Bank due to weak financial health; understand reasons, DICGC protection, and key exam insights for banking current affairs. Introduction In a significant regulatory action, the Reserve Bank of India (RBI) has cancelled the banking licence of Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak, Karnataka. The…
RBI eases NRI investment rules by introducing designated repatriable rupee accounts under FEMA, simplifying investment, repatriation, and boosting foreign capital inflows. RBI Introduces Major Relaxation in Investment Framework The Reserve Bank of India (RBI) has introduced significant amendments to the Foreign Exchange Management (FEMA) regulations, aimed at simplifying investment procedures for Non-Resident Indians (NRIs), Overseas…
RBI NRI investment rules 2026: RBI eases investment norms for NRIs and OCIs by allowing designated repatriable rupee accounts under FEMA, introducing new compliance and foreign investor categories. RBI Introduces Major Reform for Overseas Investors in India RBI Amends FEMA Rules to Simplify Foreign Investment Process The Reserve Bank of India (RBI) has introduced a…
Fitch India GDP forecast 2027 revised to 6.4% due to the Middle East crisis and rising crude oil prices. Learn the impact on India’s economy, inflation, GDP growth, and key facts important for UPSC, SSC, Banking, Railways, and State PSC exams. Introduction: A Cautious Outlook for India’s Economy Global rating agency Fitch Ratings has revised…
Current account surplus Q4 FY26 India reached $7.1 billion, supported by strong services exports and remittances. Learn its significance, impact on the economy, and exam-relevant facts. Introduction: A Positive Turn in India’s External Sector India registered a surprise current account surplus of $7.1 billion (0.7% of GDP) during the fourth quarter (January–March) of FY26, according…
RBI deputy governor extension 2028 update: Swaminathan Janakiraman has received a two-year extension as RBI Deputy Governor until June 2028. Learn key facts, responsibilities, exam relevance, historical background, and important current affairs points for UPSC, SSC, Banking, Railways, Defence, and State PSC exams. Introduction The Government of India has extended the tenure of RBI Deputy…
Indian banks best capitalised lenders Asia Pacific report by S&P Global highlights Kotak Mahindra Bank, HDFC Bank, ICICI Bank and Axis Bank among the region’s strongest banks. Learn key facts, exam relevance, FAQs and MCQs. Introduction India’s banking sector has achieved another significant milestone on the global stage. According to recent data released by S&P…
RBI Vietnam digital payments MoU 2026 marks a major step in fintech cooperation, QR-based cross-border payments, financial innovation, and India-Vietnam economic relations. Learn key facts, importance, and exam-focused insights. RBI and Vietnam Central Bank Sign MoU to Boost Digital Payments and Fintech Cooperation India and Vietnam Strengthen Financial Technology Partnership In a major step towards…
RBI Annual Report 2025-26 key highlights explained for UPSC, PSC, Banking, SSC and Railways exams. Learn about Digital Rupee, banking sector stability, foreign exchange reserves, inflation outlook and important economic developments. RBI Annual Report 2025-26: Key Highlights, Economic Outlook, Banking Sector Stability and Digital Rupee Expansion Introduction The Reserve Bank of India (RBI) released its…
