Debt-to-GDP Ratio: The Union Government has announced a shift from fiscal deficit to debt-to-GDP ratio as the primary fiscal anchor from FY 2026-27, targeting a 50±1% ratio by 2031. Debt-to-GDP Ratio represents the proportion of a country’s total debt to its GDP, indicating economic stability and repayment capacity.A higher ratio signals increased risk of default […]
Category: Economics Current Affairs
Ujjivan Small Finance Bank Seeks Universal Banking Licence
Ujjivan Small Finance Bank Seeks Universal Banking Licence: Ujjivan Small Finance Bank (USFB) has applied for a universal banking licence, a major milestone in its journey from a small finance bank to a full-fledged commercial bank. This move aligns with the bank’s strategy to expand its financial services, increase regulatory flexibility, and strengthen its position […]
India’s economy is expected to grow at 6.5% in FY26 : CRISIL
India’s economy is expected to grow at 6.5% in FY26 : CRISIL India’s economy is projected to grow at a rate of 6.5% in FY26, slightly improving from the 6.4% growth forecasted for the current fiscal year (FY25). Crisil’s report highlights several factors driving this growth, including lower inflation, expected rate cuts by the Reserve […]
Fall In Indian Rupee
Fall In Indian Rupee: The Indian rupee is falling continuously against the US dollar, hitting a record low due to US President new tariffs on imports from China, Mexico, and Canada.The exchange rate is the value of one currency in terms of another, determining how much domestic currency is needed to buy one unit of […]
Grameen Credit Score
Grameen Credit Score: On Budget 2025-26 has introduced the Grameen Credit Score (GCS) framework to address the credit needs of Self Help Groups (SHGs) and rural populations. It is developed by public sector banks to assess the creditworthiness of rural individuals, facilitating easier access to loans.It aims to improve repayment discipline and reduce fraud by […]
Airtel Payments Bank Partners with Karnataka Bulldozers for CCL 2025
Airtel Payments Bank Partners with Karnataka Bulldozers for CCL 2025: Airtel Payments Bank has announced its partnership with the Karnataka Bulldozers for the Celebrity Cricket League (CCL) 2025, set to begin on February 8, 2025. The collaboration makes Airtel Payments Bank a co-sponsor of the team, aiming to promote safe digital banking among cricket fans […]
SEBI Proposes Secure UPI Payment Mechanism for Market Intermediaries
SEBI Proposes Secure UPI Payment Mechanism for Market Intermediaries: SEBI is planning a secure UPI payment mechanism to ensure investor safety and prevent fraud in capital markets. The proposal includes unique UPI IDs for registered intermediaries, a verification icon for authenticity, and an increased UPI transaction limit of ₹5 lakh per day (up from ₹2 […]
RBI’s Strategic Measures to Boost Liquidity in the Banking System
RBI’s Strategic Measures to Boost Liquidity in the Banking System: The Reserve Bank of India (RBI) has introduced a series of liquidity-boosting measures. These include a $5 billion USD/INR buy/sell swap auction, open market operations (OMOs), and a variable rate repo (VRR) auction. The RBI’s efforts aim to alleviate liquidity constraints in the banking system […]
Kotak Mutual Fund Introduces India’s First MSCI India ETF
Kotak Mutual Fund Introduces India’s First MSCI India ETF: Kotak Mutual Fund has launched India’s first MSCI India ETF, designed to track the MSCI India Index. This ETF offers investors an easy way to gain exposure to a diversified portfolio of Indian equities. With a minimum investment of ₹5,000, providing a cost-effective, passive investment option.
RBI’s Digital Payments Index
RBI’s Digital Payments Index: The Reserve Bank of India’s (RBI) digital payments index (DPI) rose to 465.33 as of September 2024, compared to 445.5 in March 2024, reflecting the rapid adoption of digital payments in the country. RBI’s Digital Payments Index: It is a first-of-its kind index to measure the spread of digital payments across […]