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Financial Performance of SIDBI during FY 2024-25

Oct 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).

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SAIL Collaborates with IIM Jammu in Leadership Development

Oct 06, 2025

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

Oct 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.

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DoT and FIU-IND Sign MoU to fight Cyber-Crime and Financial Fraud

Oct 06, 2025

1. Core Agreement

  • A Memorandum of Understanding between the Department of Telecommunications (DoT) and the Financial Intelligence Unit-India (FIU-IND) has been signed.
  • Key objective: To have a system of real time information sharing and coordination on how to curb cyber-crimes and financial frauds.

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SBI Platinum Jubilee Asha Scholarship 2025

Oct 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).

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