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Small Savings Scheme Interest Unchanged in Q3 FY25-26

1. Key Announcement

  • The Government of India has maintained the interest rate on all the Small Savings Schemes at the same rate during the seventh consecutive quarter.
  • This revision cycle will start on the 1 st of October, 2025.

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RBI Introduces Scheme of Inoperative Accounts and Unclaimed Deposits

1. Scheme Overview

  • Name: Scheme on Facilitating Accelerated Payout - Inoperative Accounts and Unclaimed Deposits.
  • Introduced by: the Reserve Bank of India (RBI).
  • Purpose: This is to persuade banks to reactivate dormant accounts as well as settle unclaimed deposits, which will minimise the sum that will be transferred to Depositor Education and Awareness (DEA) Fund.
  • Term: A 1 year plan between October 1, 2025, and September 30, 2026.

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The National Highways will be equipped with QR Code Signboards by NHAI


1. Initiative Overview

  • Published by: The National Highways Authority of India (NHAI).
  • Announcement Date: October 3, 2025.
  • Purpose: To enhance the concept of digital transformation, transparency, and convenience of the commuters in the National Highways by using smart and technology-driven infrastructure.

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TATA AIG Bancassures with Equitas SFB

1. Partnership Overview

  • Firms: TATA AIG General Insurance and Equitas Small Finance Bank (SFB).
  • Agreement: Bancassurance distribution tie-up.
  • Primary Objective: Building Tata AIG insurance products visibility through the branch net work of Equitas SFB.

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OpenAI tops 500 billion valuation in historic SoftBank investment

1. Historic Dollar Milestone.

  • Company: Says OpenAI, the author of ChatGPT.
  • New Valuation: $500 billion.
  • Event: Achieved following a significant secondary sale of shares to the SoftBank.
  • Implication: It is the first time in the history of AI that the industry has been so high, and OpenAI is within the list of the most valuable private companies in the world.

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