JMK Edutech

Tag: ca for bank exam

  • RBI august 2025 news

    • RBI Rejects Reintroduction of Fixed-Rate Liquidity Operations
    • RBI Sets Up 30-Member Regulatory Review Cell
    • RBI Approves Saraswat Bank’s Merger with New India Co-operative Bank
    • RBI Approves New UPI Rules Effective from 1st August 2025
    • RBI Releases July 2025 Urban Consumer Confidence Survey
    • RBI Allows FPIs to Use Vostro Accounts for Investment Settlement
    • UPI Not Free, Government Subsidising Costs: RBI Governor
    • RBI Sells $5 Billion to Support Rupee
    • RBI Allows Non-Residents with SRVAs to Invest in G-secs and T-bills
    • RBI Panel Recommends 26 Measures for AI Adoption in Financial Sector
    • RBI Announces Exit of Viable Product from Fifth Regulatory Sandbox Cohort
    • RBI MPC Holds Repo Rate at 5.50%, Maintains Neutral Stance
    • RBI Issues Draft Guidelines on Revised Add-on Factors for CCR
    • RBI Announces Results of Inter-Bank Hindi Essay Competition
    • RBI Governor Highlights Reforms at FIBAC 2025
    • RBI Bulletin – August 2025
    • Govt Appoints Ex-RBI Governor Urjit Patel as IMF Executive Director
    • Export Credit Growth Slows Amid Tariff Impact

    1️⃣ RBI Rejects Fixed-Rate Liquidity Operations

    • RBI prefers variable rate repo auctions to maintain market discipline.
    • Banks requested fixed infusion linked to deposits; RBI declined.

    2️⃣ Regulatory Review Cell Formed

    • 30-member cell to reduce 8,000 regulations to 3,000.
    • Aim: eliminate outdated rules and reduce compliance burden.

    3️⃣ Saraswat Bank–NICB Merger

    • Effective 4 August 2025.
    • NICB under moratorium due to ₹122 crore fraud.
    • Saraswat Bank absorbs all assets/liabilities.

    4️⃣ New UPI Rules

    • Balance check capped at 50/day.
    • Pending transaction status: max 3 checks with 90 sec gap.
    • Autopay only before 10 AM or after 9:30 PM.

    5️⃣ Urban Consumer Confidence Survey

    • CSI: 96.5 (still pessimistic), FEI: 124.7 (optimistic).
    • Inflation expectations easing; income optimism rising.

    6️⃣ FPIs Allowed Vostro Accounts

    • FPIs can settle trades via INR Vostro accounts.
    • Boosts rupee internationalization.

    7️⃣ UPI Not Free

    • Govt subsidizes UPI costs: ₹437 crore allocated in FY26.
    • Industry demands ₹10,000 crore/year for sustainability.

    8️⃣ RBI Sells $5 Billion

    • To support rupee amid depreciation and US tariffs.
    • Rupee hit ₹87.89/USD; forex reserves fell by $9.3 billion.

    9️⃣ SRVA Surplus Investment Allowed

    • Non-residents can invest surplus in G-secs and T-bills.
    • Enhances rupee-based trade settlement.

    🔟 AI Adoption in Finance

    • 26 recommendations: AI sandbox, indigenous models, board-approved policies.
    • Focus on risk mitigation and innovation.

    11️⃣ Regulatory Sandbox Exit

    • IBDIC’s blockchain-based MSME financing platform approved.
    • Tokens used for invoice-based financing.

    12️⃣ Repo Rate Held at 5.50%

    • CPI inflation at 2.1% (lowest in 77 months).
    • GDP growth projected at 6.5% for FY26.

    13️⃣ Draft Guidelines on CCR

    • Revised add-on factors for PFE under Basel III.
    • Applies to clearing members in derivatives.

    14️⃣ Hindi Essay Competition Results

    • RBI announced winners from banks and RRBs.
    • Promotes Hindi in financial discourse.

    15️⃣ RBI Governor at FIBAC

    • Emphasized reforms, financial inclusion, tech adoption.
    • RBI to implement Basel III by April 2027.

    16️⃣ RBI Bulletin – August 2025

    • Topics: economy, corporate investment, mutual funds, EV adoption, horticulture.
    • S&P rating upgrade boosts investor confidence.

    17️⃣ Urjit Patel Appointed IMF ED

    • Replaces K.V. Subramanian.
    • Represents India, Bangladesh, Bhutan, Sri Lanka.

    18️⃣ Export Credit Growth Slows

    • US tariffs impact credit to exporters.
    • Credit growth dropped to 4.7% in July.

  • RBI july 2025 news

    • Retaining 4% Inflation Target with Current CPI Framework
    • RBI Appoints Shri Kewal Ramachandran as Executive Director
    • RBI Issues Directions on Pre-payment Charges on Loans, 2025
    • Guidelines for Lending to MSME Sector
    • RBI Bans Foreclosure Charges on Small Business Loans
    • SEBI Announces NSEL Settlement Scheme for Brokers
    • RBI Penalizes HDFC Bank and Shriram Finance Over Regulatory Lapses
    • RBI Drains ₹2L-Cr Liquidity
    • India’s Forex Reserves Continue Upward Trend: RBI
    • RBI Draft Norms Clarify Digital Banking Participation is Voluntary
    • Draft ‘Digital Banks’ Banking Authorization Directions, 2025
    • RBI Launches Financial Inclusion Index to Measure Inclusivity Across Sectors
    • RBI Bulletin – July 2025
    • Anuradha Thakur Appointed as RBI Co-operative Director
    • RBI Proposes Easier Norms for Urban Co-operative Banks (UCBs)
    • RBI Caps Investments by Banks, NBFCs at 10%
    • RBI Caps AIF Investments by Banks, NBFCs at 10%

    1️⃣ Inflation Target Retained

    • RBI panel recommends continuing 4% CPI-based inflation target with ±2% band.
    • Framework effective since 2016; review due in 2025.
    • CPI basket may be revised, but no decision yet.

    2️⃣ Kesavan Ramachandran Appointed ED

    • Former Principal CGM in Risk Monitoring.
    • Will oversee Prudential Regulation Division.

    3️⃣ Pre-payment Charges Directions

    • No charges on floating rate loans for individuals & MSEs.
    • Effective Jan 1, 2026.
    • Applies to banks, NBFCs, co-op banks.
    • Full disclosure required in loan documents.

    4️⃣ MSME Lending Guidelines

    • Collateral-free loans up to ₹10 lakh (₹25 lakh with track record).
    • Composite loan up to ₹1 crore.
    • GCC facility allowed.
    • Credit decisions within 14 working days.

    5️⃣ Foreclosure Charges Banned

    • No foreclosure fees on floating rate loans for MSEs.
    • Applies to loans up to ₹50 lakh.
    • Encourages borrower mobility and transparency.

    6️⃣ SEBI’s NSEL Settlement Scheme

    • Open Aug 25, 2025 – Feb 25, 2026.
    • For brokers with SEBI orders in NSEL case.
    • Excludes those under investigation by ED, SFIO, etc.

    7️⃣ Penalties on HDFC & Shriram Finance

    • HDFC fined ₹4.88 lakh (FDI violation).
    • Shriram Finance fined ₹2.70 lakh (digital lending breach).

    8️⃣ Liquidity Management

    • RBI drained ₹2.08 lakh crore via VRRR auctions.
    • Surplus liquidity remains; repo rate at 5.31%.

    9️⃣ Forex Reserves Surge

    • India’s reserves hit $609.79 billion.
    • Supports rupee and external stability.

    🔟 Digital Banking Norms

    • Participation must be voluntary.
    • Explicit customer consent required.
    • No forced bundling with other services.

    11️⃣ Digital Banking Authorisation Directions

    • Applies to all banks.
    • View-only vs transactional facilities defined.
    • CBS, IPv6, CRAR, and ₹50 crore net worth required.

    12️⃣ Financial Inclusion Index

    • Score range: 0–100.
    • Parameters: Access (35%), Usage (45%), Quality (20%).
    • March 2021 score: 53.9 (up from 43.4 in 2017).

    13️⃣ RBI Bulletin – July 2025

    • CPI inflation below 4% for 5 months.
    • Liquidity surplus aiding credit transmission.
    • Articles on oil-inflation nexus, household expectations, money market trends.

    14️⃣ Anuradha Thakur Joins RBI Board

    • Replaces Ajay Seth.
    • Appointed by Central Government.

    15️⃣ Urban Co-op Bank Norms

    • ECBA to replace FSWM.
    • Tier-based categorization by deposit size.
    • Minimum CRAR + 3% buffer required.

    16️⃣ Digital Payments Index

    • March 2025 score: 493.22 (up from 465.33).
    • Reflects growth in infrastructure and transaction volume.

    17️⃣ AIF Investment Cap

    • Max 10% per AIF by any bank/NBFC.
    • Total exposure capped at 20%.
    • Loans to same company trigger provisioning