RBI Acquisition Financing Guidelines draft allows banks to fund up to 70% of acquisitions with a 10% Tier-I capital cap. Learn key rules, risks, and exam-relevant insights. RBI’s New Draft Norms: 10% Tier‑I Cap on Acquisition Financing The Reserve Bank of India (RBI) has recently issued a draft circular that marks a significant change in…
Digital banking reforms in India gain momentum as Amit Shah launches Sahakar Digi Pay and Sahakar Digi Loan apps for urban cooperative banks, promoting financial inclusion and digital payments. Amit Shah launches digital apps for urban co‑op banks Modernising cooperative banking for enhanced reach On 10 November 2025, Amit Shah, Union Cooperation Minister, inaugurated two digital applications —…
RuPay UPI growth 2025 highlights RuPay credit cards becoming the preferred choice in India due to exclusive UPI integration, cost advantages, and financial inclusion benefits. RuPay’s Rise as the Card of Choice: Role of UPI in the Transformation In recent years, the Indian payments ecosystem has witnessed a profound transformation, and the domestic card network…
India forex reserves 2025 update: India’s forex reserves have crossed US$700 billion, driven by a surge in gold valuation. Learn about RBI’s reserve composition, economic implications, and exam-relevant insights for UPSC, SSC, Banking, and Defence exams. India’s Forex Reserves Cross US$700 Billion as Gold Holdings Surge In a significant development for India’s external sector, the…
Unified Markets Interface RBI 2025 enables tokenized financial assets using wholesale CBDC, enhancing market efficiency, fractional ownership, and digital financial inclusion. 🏦 RBI Launches Unified Markets Interface for Tokenized Finance Introduction to UMI The Reserve Bank of India (RBI) has introduced the Unified Markets Interface (UMI), a next-generation financial market infrastructure designed to tokenize financial…
FIDC recognised as Self-Regulatory Organisation for NBFCs by RBI, enhancing governance, regulatory compliance, and innovation in the non-banking financial sector in India. RBI Recognises FIDC as Self-Regulatory Organisation for NBFCs Introduction On October 3, 2025, the Reserve Bank of India (RBI) officially recognised the Finance Industry Development Council (FIDC) as the Self-Regulatory Organisation (SRO) for…
RBI Payments Regulatory Board 2025 established to regulate Indian payment systems, replacing BPSS. Learn about members, functions, and importance for government exams. RBI Establishes Payments Regulatory Board to Oversee India’s Payment Systems On September 30, 2025, the Reserve Bank of India (RBI) constituted a six-member Payments Regulatory Board (PRB) to regulate and supervise the country’s…
RBI mandates two-factor authentication for digital payments from April 2026 to enhance security, reduce fraud, and protect consumers. Learn methods, timelines, and compliance details. RBI Mandates Two-Factor Authentication for Digital Payments from April 2026 Introduction to RBI’s New Digital Payment Guidelines The Reserve Bank of India (RBI) has introduced the “Authentication Mechanisms for Digital Payment…
RBI working capital gold loans now allow banks to extend credit to manufacturers using gold as raw material, boosting SMEs and manufacturing sectors in India. RBI Eases Lending Norms to Boost Credit Access for Manufacturers Using Gold as Raw Material Introduction In a significant move to enhance credit accessibility for small businesses, the Reserve Bank…
RBI banknote microsite launch: Learn about Indian currency security features, exchange procedures, and financial literacy tools. Essential for students and government exam aspirants. RBI Launches Microsite on Indian Banknotes: A Detailed Article Introduction to the Microsite Initiative The Reserve Bank of India (RBI) has launched a new microsite specially dedicated to Indian banknotes. The goal…
