Government notifies Banking Companies (Nomination) Rules, 2025, effective Nov 1 enabling e-nomination for deposits, lockers, and safe custody items.
Key nomination provisions under the Banking Laws (Amendment) Act, 2025 to take effect from Nov 1, allowing up to 4 nominees and ensuring transparent claim settlements.
UPI recorded its highest-ever single-day transaction value this Diwali, hitting Rs 1.02 lakh crore across 754 million transactions. NPCI data shows India’s festive season driving record digital payments, credit card growth, and fintech innovation.
Union Finance Minister Nirmala Sitharaman urges rural banks, including Karnataka Grameena Bank, to boost credit for agriculture, allied sectors and MSMEs, focusing on financial inclusion and rural economic growth
CBI recovers cash, luxury vehicles, properties, and documents from NHIDCL Executive Director in Assam bribery case; accused remanded to 3 days police custody.
Ministry of Finance notifies new PMLA rules allowing SEBI-registered intermediaries to upload and update KYC data via KRAs or directly on the CKYC Registry, streamlining compliance and data sharing.
FM Nirmala Sitharaman launches "आपकी पूँजी, आपका अधिकार" campaign to help citizens trace and reclaim unclaimed deposits, insurance, and mutual fund balances.
RBI relaxes trade compliance rules: MTT forex outlay extended to 6 months; simplified closure of small-value export & import bills for easier compliance.
RBI MPC keeps repo rate unchanged at 5.5% in October 2025 policy review; neutral stance retained as inflation moderates and growth outlook remains resilient.
Finance Minister Nirmala Sitharaman highlighted India's economic resilience, citing 7.8% GDP growth, sovereign rating upgrades, and strong reforms that helped the country withstand global challenges, tariffs and supply chain disruptions.
GST Regular Batch For May 26, Sep 26 & Jan 27 Exams
Certification Course on GSTR-3B and GSTR-2B Reconciliation using AI Tools