RBI MPC new member 2025: Indranil Bhattacharyya has been appointed as the new ex-officio member of RBI’s Monetary Policy Committee, replacing Rajiv Ranjan ahead of the September 29–October 1 policy meet. RBI Appoints Indranil Bhattacharyya as New MPC Member Introduction: A Strategic Appointment to the Monetary Policy Committee On August 22, 2025, the Reserve Bank…
RBI ethical AI framework introduced in 2025 ensures transparency, accountability, and risk management in Indian financial sector AI systems. Learn key points for exams. RBI’s FREE-AI Framework: Pioneering Ethical AI in India’s Financial Sector Introduction to RBI’s FREE-AI Framework The Reserve Bank of India (RBI) has introduced the FREE-AI Framework, a pioneering initiative aimed at…
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…
UPI daily transaction record sets new benchmark with 707 million transactions in a day. Understand the impact on India’s digital economy, MDR concerns, and government goals. UPI Sets New Record with 707 Million Daily Transactions — India’s Digital Payments Boom Continues Record-Breaking Day for UPI On August 2, 2025, India’s Unified Payments Interface (UPI) achieved…
Anuradha Thakur RBI Board Appointment: 1994 IAS officer Anuradha Thakur has been nominated as Director on RBI Central Board. Know her profile, appointment details, and exam-relevant facts. Anuradha Thakur Appointed as Director on RBI Central Board Appointment Overview The Government of India has nominated Anuradha Thakur, the Economic Affairs Secretary, as a Director on the…
UPI-powered bank branch by Slice launched in Bengaluru, marking India’s first digital-only banking facility with no cash or cards, in partnership with NESFB. “Slice Launches India’s First UPI‑Powered Bank Branch in Bengaluru” Modern Banking Goes UPI‑Only Fintech firm Slice has taken a bold step by launching India’s first UPI‑powered physical bank branch and UPI ATM…
RBI AePS new rules 2026 will enforce stricter KYC, real-time fraud monitoring, and one operator–one bank policy from January 1. Read full details for competitive exam preparation. RBI Tightens AePS Rules to Combat Fraud From January 2026 Strengthening the AePS Framework The Reserve Bank of India (RBI) issued a directive on June 27, 2025, introducing…
UPI IMF global model report highlights India’s UPI as a transformative digital payment system with interoperability and financial inclusion. Essential update for banking and UPSC exam aspirants. IMF Hails India’s UPI Model as Blueprint for Digital Payment Transformation India’s Unified Payments Interface (UPI) has garnered global attention after the International Monetary Fund (IMF) lauded it…
NPCI FY25 Surplus Report shows ₹1,552 crore profit and ₹3,270 crore revenue with 213 billion digital transactions via UPI and other platforms, reflecting India’s growing fintech infrastructure. NPCI Reports Surplus Crosses ₹1,500 Crore, Revenue Hits ₹3,270 Crore in FY25 Strong Financial Performance Underlines NPCI’s Growth The National Payments Corporation of India (NPCI), the linchpin of…
RBI project finance guidelines 2025: The Reserve Bank eases provisioning for NBFCs and lenders, boosting infrastructure financing. Learn how this impacts PFC, REC, and upcoming infra loans. RBI’s New Project Finance Norms: A Boon for NBFCs and Infrastructure Lenders 🚧 Eased Provisioning for Under-Construction Projects On June 20, 2025, the Reserve Bank of India (RBI)…
