Banking & Finance
- Still, RBI has been announcing seven changes of regulation (Sep 29) to strengthen policy transmission, make it easier to lend gold, and taken the norms of exposures.
- SIDBI registered a net profit record of 4,811 crore in FY25 and is up by 19.5 percent compared to the previous year.
- Bank of Baroda has signed a co-lending agreement with IIFL Finance.
- RBI constituted a Payments Regulatory Board (PRB) with 6 members, to replace the previous BPSS.
- Axis Bank became the first bank to introduce a gold-backed UPI credit line through Freecharge to MSMEs and merchants.
- The SBI has market share in debit cards of 24% (August 2025).
Month: Current Affairs - October 05, 2025
Category: