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World Habitat Day 2025

Key Facts for 2025

 

  • Observance Date: Monday, October 6, 2025.
  • Theme: "Urban Crisis Response"
  • Purpose: The day is an international call to action to build the future of our cities, towns, and habitats, with 2025 being the year to tackle urban crises.

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RBI Announces Seven Reforms in Regulations-September 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.

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Financial Performance of SIDBI during FY 2024-25

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).

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RBI forms new Payments Regulatory Board-PRB

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.

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SBI Platinum Jubilee Asha Scholarship 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).

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