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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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India Wins ISSA Award 2025 Social Security Expansion

Award & Recognition

  • India has won the International Social Security Association (ISSA) Award 2025 on the outstanding achievement in social security.
  • The award was given at the World Social Security Forum (WSSF) 2025 in Kuala Lumpur at a globally attended event with 163 countries attending.
  • The international labour organisation (ILO) has also officially acknowledged this.

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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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SAIL Collaborates with IIM Jammu in Leadership Development

Partnership Overview

  • Organization Steel Authority of India limited (SAIL) and the Indian Institute of management (IIM) Jammu.
  • Signing Body: The Management Training Institute of SAIL signed the MoU.
  • Location: The deal was made with the Corporate Office of SAIL, Ispat Bhawan, New Delhi.

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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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