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Investor Education And Protection Fund

Investor Education And Protection Fund: Union Finance Minister introduced the Banking Laws (Amendment) Bill, 2024 which proposes to enable the transfer of unclaimed dividends, shares and interest or redemption of bonds to the Investor Education and Protection Fund (IEPF). Investor Education and Protection Fund has been established under Section 205C of the Companies Act, 1956 […]

Women Entrepreneurship Program

Women Entrepreneurship Program: The National Skill Development Corporation (NSDC) unveiled the Women Entrepreneurship Program to empower women entrepreneurs and spur economic growth. Women Entrepreneurship Program is designed to address the distinct challenges that women face when starting and growing businesses. This initiative aims to empower approximately 25 lakh women across India, providing them with the […]

Fully Accessible Route (FAR) : RBI

Fully Accessible Route (FAR) : RBI The Reserve Bank of India’s (RBI) recent decision to exclude new 14-year and 30-year government securities (G-Secs) from the Fully Accessible Route (FAR) may unsettle bond markets, potentially causing yield spikes for these securities. Experts warn that this exclusion could erode investor confidence, reduce participation, and increase yields due […]

PARAKH : Report

PARAKH : Report A recent report submitted to the Education Ministry by PARAKH recommends incorporating student performance from Classes 9, 10, and 11 into the final Class 12 marks. PARAKH (Performance Assessment, Review and Analysis of Knowledge for Holistic Development) is a unit established within NCERT in 2023 to standardise school board assessments nationwide. PARAKH […]

Prompt Corrective Action Framework : RBI

Prompt Corrective Action Framework : RBI The Reserve Bank of India (RBI) has introduced a Prompt Corrective Action (PCA) framework for Urban Cooperative Banks (UCBs). This framework aims to enable timely supervisory intervention and ensure UCBs implement necessary remedial measures to restore their financial health. It replaces the existing Supervisory Action Framework (SAF) last revised […]