Current Affairs

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Page-2 of Economy & Banking Current Affairs

RBI Reports 13% Rise in Ombudsman Complaints in FY25

Consumer grievances lodged under the Reserve Bank of India’s ombudsman framework rose notably in FY25, reflecting growing dissatisfaction with services offered by banks and financial institutions. The central...

December 2, 2025

CAG to Establish Centre of Excellence for Financial Audit in Hyderabad

The Comptroller and Auditor General of India has announced the creation of a Centre of Excellence for Financial Audit in Hyderabad. The initiative aims to modernise public auditing...

November 20, 2025

HDFC Bank Tops India’s Brand Value Rankings for 2025

HDFC Bank has been named India’s most valuable brand in the latest Kantar BrandZ rankings, reflecting the growing influence of financial and technology-led enterprises in shaping the country’s...

November 20, 2025

PayU Gets RBI Approval to Operate as Full-Scale Payment Aggregator

PayU has received authorisation from the Reserve Bank of India to function as a payment aggregator across online, offline and cross-border channels. The approval expands the company’s operational...

November 19, 2025

Moody’s Projects India as G-20’s Fastest-Growing Economy

India is set to maintain its position as the fastest-growing economy in the G-20, according to Moody’s latest global outlook. The agency expects strong domestic demand, stable monetary...

November 13, 2025

New Pension Rule Mandates Inclusion of Daughter’s Name

The central government has introduced a significant change to pension documentation norms by making it mandatory for employees and pensioners to include the names of all daughters in...

November 13, 2025

India on Track to Become World’s Third-Largest Economy by 2028: UBS

India is poised to overtake Japan and Germany to become the “world’s third-largest economy by 2028”, supported by steady GDP growth of “6.5% annually”, according to a new...

November 11, 2025

NSDL Launches Unified Digital Platform for Foreign Investors

The National Securities Depository Limited (NSDL) has launched a new unified digital platform designed to streamline registration and compliance for foreign investors in India’s capital markets. The system...

November 11, 2025

Unified Pension Scheme: Revised Guidelines on Pension Forfeiture for Resigned Employees

The Department of Pension and Pensioners’ Welfare (DoPPW) has issued a detailed clarification on the entitlement of central government employees under the Unified Pension Scheme (UPS) in case...

November 7, 2025

SBI Enters USD 100 Billion Market-Cap Club

State Bank of India (SBI), the country’s largest public sector lender, has joined the elite USD 100 billion market-cap club following a remarkable rally in its share price....

November 7, 2025

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