Image

RBI Announces Seven Reforms in Regulations-September 2025

October 06, 2025

Overview:

  • The Reserve Bank of India (RBI) made seven regulatory changes on September 29, 2025. Three of them become effective as of October 1, 2025, and four are draft proposals that are subject to public feedback until October 20, 2025.

Month: 

Category: 

Financial Performance of SIDBI during FY 2024-25

October 06, 2025

1. Record-Breaking Profit

  • SIDBI had registered a net profit of 4,811 crore in FY 2024-25, the highest ever in the history of the company.
  • This is a massive 19.5 percent rise over the profit of ₹4,026 crore of last year (FY 2023-24).

Month: 

Category: 

RBI forms new Payments Regulatory Board-PRB

October 06, 2025

1. Core Announcement

  • A new Payments Regulatory Board (PRB) has been set up by the Reserve Bank of India (RBI) with six members.
  • It supersedes the former Board for Regulation and Supervision of Payment and Settlement Systems (BPSS).
  • Legal Authority: The PRB is given its authority through the Payment and Settlement Systems Act of 2007.

Month: 

Category: 

SBI Platinum Jubilee Asha Scholarship 2025

October 06, 2025

1. Minimal Information & Monetary expenditure.

  • Organizer: SBI Foundation, the Corporate Social Responsibility (CSR) of the State Bank of India (SBI).
  • Funding Organization: SBI Platinum Jubilee Asha Scholarship 2025.
  • Financial Obligation: 90 crore in the financial year 2025-26 (FY26).

Month: 

Category: 

Tata AIG Suspends the cashless services with Max hospitals

October 06, 2025

1. Current Situation

  • Tata AIG General insurance has also joined the other three big health insurers in suspending cashless facilities at Max Hospitals.
  • This is after similar moves by Star Health, Niva Bupa and Care Health.

Month: 

Category: