SEBI Fines BSE’s ICCL ₹5 Crore for Regulatory Violations: The Securities and Exchange Board of India (SEBI) has fined the Indian Clearing Corporation Ltd. (ICCL), a subsidiary of BSE Ltd., ₹5.05 crore for regulatory breaches. The penalty was imposed after an inspection uncovered non-compliance with SEBI’s cybersecurity framework, IT asset management.
RBI Raises Small Loan Limit for UCBs to ₹3 Crore
RBI Raises Small Loan Limit for UCBs to ₹3 Crore: The Reserve Bank of India (RBI) has revised the small-value loan ceiling for Urban Co-operative Banks (UCBs), increasing it to ₹3 crore per borrower. This change is part of a broader initiative to redefine small-value loans and strengthen the financial stability of UCBs. While the […]
Govt Plans 1-Year Free-Look Period for Insurance
Govt Plans 1-Year Free-Look Period for Insurance: The Indian government has proposed extending the ‘free-look’ period for insurance policies from the current 30 days to one year. This move is expected to help policyholders review their insurance terms carefully and prevent mis-selling in the industry. The proposal, announced by the Department of Financial Services Secretary […]
Kisan Credit Card (KCC) Amount Crosses ₹10 Lakh Crore Benefiting 7.72 Crore Farmers
Kisan Credit Card (KCC) Amount Crosses ₹10 Lakh Crore Benefiting 7.72 Crore Farmers: The Kisan Credit Card (KCC) scheme has played a crucial role in ensuring that farmers in India have timely access to affordable credit for agricultural and allied activities. Over the years, the scheme has undergone several modifications to enhance credit penetration in […]
Daily Current Affairs for UPSC IAS: 26th February 2025
Today’s Current Affairs: 26th February 2025 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Qualified Institutional Placement
Qualified Institutional Placement: Shareholders of the Indian Renewable Energy Development Agency Ltd. (IREDA) recently approved the company’s proposal to raise up to ₹5,000 crore through the Qualified Institutional Placement (QIP) of equity shares in one or multiple tranches. Qualified Institutional Placement (QIP) is a capital-raising mechanism through which public listed companies use to issue equity […]
TRIFED : In News
TRIFED : In News To promote tribal entrepreneurship and economic inclusion, TRIFED recently signed MoUs with Reliance Retail, HCL Foundation, and Torajamelo Indonesia. TRIFED is an organization under the Ministry of Tribal Affairs, Government of India, dedicated to the socio-economic development of tribal communities. It was established in 1987 under the Multi-State Cooperative Societies Act, […]
Thames River : New Study
Thames River : New Study A new study has learned that climate change is increasing the potential for algal blooms in the United Kingdom’s River Thames despite a four-decade-long decline in phosphorus loads. Thames River is a 346-km river that flows through southern England. It is the longest river in England and the second longest […]
INS Tamal
INS Tamal: The Indian Navy crew that will operate Tamal, the stealth frigate under construction in Russia, reached St. Petersburg recently in preparation for its commissioning. INS Tamal is a state-of-the-art stealth guided missile frigate. It is an upgraded Krivak-III class frigate, and is part of a significant $2.5 billion deal between India and Russia […]
Dwarf Galaxies
Dwarf Galaxies: A team of scientists in the US, led by Indian-origin astrophysicist Raga Deepika Pucha, recently discovered the largest samples of intermediate-mass black holes and dwarf galaxies with active black holes. They are small galaxies that typically contain just a few billion stars, unlike their larger cousins, which can hold hundreds of billions. They […]
