1. Appointment Details:

• Shirish Chandra Murmu was added to the position of Deputy Governor of RBI.
• Efficient 9 th October 2025 3 year term.
• Succeeds Rajeshwar Rao
• Kindly sanctioned by Appointments Committee of Cabinet (ACC) led by Prime Minister.

1. Leadership Appointment:

• Managing Director of the Pidilite Industries Limited Sudhanshu Vats, who was appointed as a new Chairman of ASCI (Advertising Standards Council of India).
• Elected at the 39th Annual General Meeting (AGM) of the Association of Scientists of Canada.
• Subramanyeswar, Chief Strategy Officer, MullenLowe Global, came in as Vice-Chairman.
• Principal at Provocateur Advisory, Paritosh Joshi, made Honorary Treasurer.

1. Policy Decision & Stance

   •    The Monetary Policy Committee (MPC) meeting became the 57 th meeting, which took place between Sep 29 and Oct 1, 2025.

   •    Repo Rate: Kept unchanged at 5.50%.

   •    Position: Adopted the stance of being neutral in order to have a balance between growth and stability.

1. Basic Partnership Details

• Organisations: RBL Bank Ltd and Life Insurance Corporation of India (LIC).
• The consensus: A bancassurance partnership.
• Purpose: To provide the products of the life insurance company LIC to the customer base of the RBL Bank.

1. New Regulatory Directions

• Publication date: 21 March 2012.
• Document: Basel III capital regulations - PDI in AT1 capital - the eligible limit of foreign currency / rupes denominated bond overseas directions, 2025.
• Effective Date: October 1, 2025.
• Legal Power: It is issued under Section 35A of the Banking Regulation Act, 1949.