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RBI Introduces Unified Markets Interface (UMI)

 

  • Initiative: Unified Markets Interface (UMI) to tokenise financial assets through wholesale Central Bank Digital Currency (CBDC)
  • Announcement: RBI Governor Sanjay Malhotra at Global Fintech Fest 2025

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BANKING FINANCE and BUSINESS Current Affairs Notes

 

HSBC invests one billion dollars in Indian Start-ups 

  • Innovation: HSBC India: Innovation Banking platform.
  • Intention: ₹8,880 crore (US$ 1 billion) to offer short-term working capital and term loans to start-ups.

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NPS and APY Assets Cross 16 Lakh Crore

 

  • Measure: NPS and APY Combined Assets Under Management (AUM) higher than 16 lakh crore.
  • Subscriber Base: More than 9 crore subscribers in the country.

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State-of-the-Art Fish Market Laid in Bhubaneswar

  • Event: Prime Minister Narendra Modi laid foundation stone for a modern fish market in Pandara, Bhubaneswar

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Special Campaign of Disposal of Pending Matters (SCDPM) 5.0

 

  • Organiser: Department of Pharmaceuticals (DoP)
  • Target: Clean up (Swachhata) and clear pending issues in DoP organizations.
  • Areas: 11,100 Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs) were identified as Outdoor Cleaning Sites.

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