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Loan Rate Switches Discretion and Transparency

Oct 04, 2025

1. Core Change: Replace Floating by Fixed Rate.

  • Past Rule: This was required of lenders to provide this option.
  • New Rule (Effective Oct 1, 2025): It is now discretionary on the part of the lender.
  • Lender Policy: The right to change will be regulated by the policy that is approved by the Board of the lender, and the number of changes that can be made during the lending time.

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RBI Modifies Lending Regulations of Gold and Silver Collateral Effective October 1 2025

Oct 04, 2025

1. Basic Announcement

  • Published by: Reserve Bank of India (RBI).
  • Source: Amendment to Lending Against Gold and Silver Collateral Directions, 2025.
  • Effective Date: October 1, 2025.

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Unions Cabinet agrees to 3 percent DA-DR increase

Oct 04, 2025

1. Basic Approval & Details

  • Authorized by: Union Cabinet, under Prime Minister Narendra Modi.
  • Perquisite: Extra instalment of Dearness Allowance (DA) and Dearness Relief (DR).
  • Purpose: To buy back the employees of the central government and pensioners to cover the price increase (inflation).

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RBI Draft Amendments to Credit Information Reporting Effective April 1 2026

Oct 04, 2025

1. Basic Announcement

  • Dated: 22 nd March 2010.
  • Draft amendments to the Credit Information Reporting Directions, 2025.
  • Effective Date: April 1, 2026.
  • Aim: To reinforce the credit reporting system.

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Cabinet Consents to open 57 New Kendriya Vidyalayas

Oct 04, 2025

1. Basic Approval & Financials

  • Vetted by: Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi.
  • Project: Development of 57 new Kendriya Vidyalayas (KVs) in Civil sector.
  • Financial Outlay in total: Rs5,862.55 crore in 9 years (2026-27).
    • Capital Expenditure: Rs2,585.52 crore
    • Operation expenditure: Rs3277.03 crore.

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