Monday, 31 March 2025

BANKING & FINANCIAL CA IN MARCH 2025

LAUNCHED - 

* Maharashtra Chief Minister Devendra Pandavis Unveiled The New Rupay Card With Featuring Chhatrapati Shivaji Maharaj.

* NSE Indices Launches NIFTY Chemicals Index.

The Federation Of Indian Export Organisation Has Launched The She Trades India Hub Incollboration With International Trade Centre In New Delhi.

Rupee 112 Launched India's First Fully Automated Whatsapp Loan Disbursal. 

* State Bank Of India ( SBI) Launched Collateral Free Digital SME Loan For Women Entrepreneurs. ( SBI ASMITA) 

CBDT Launched The Utility On E - Filling Portal ( For Simplification Of Income Tax Rule And Forms)

Union Finance Minister Nirmala Sitharaman Has Launched The PM INTERNSHIP SCHEME Application.

India Achieved Historic Milestone Of 1 Billion Tonnes In Coal Production.

Reliance Acquires 74% Equity Stake In Nauyan Shipyard For Rs 382.73 Crores From Welspun Corp.

Indusland Bank Gets GST Penalty Order Of Rs 30.15 Crores On Account Of Various GST Cases.


Government Has Launched The BAANKNET And e- BKRay Portal To Enhance PSU Bank E-auction.

Indian Economy Crossed $4 trillions.

NITI Ayog CEO BVR Subramanian Has Launched DX- EDGE Empowering Excellence And Growth Through Digital Transformation.


* Vedanta Appoints Rajiv Kumar As CEO Of Aluminium Business 

* RBI Imposes A Monetary Penalty Of Rs 75 Lakh On HDFC Bank For Non Compliance Of RBI Direction On KYC 


*  Bank Of India Declare ROLTA INDIA NPA As Fraud.

BIOECONOMY REPORT - 

* Indian Bieconomy Reports in This Decades (2014-2024/ 

* India's Bioeconomy Has Grown From $10 billion (2014) To $165.7 billion (2024) 

* This Sector Contribute 4.25 GDP 


FINANCE - 

ICICI Securities Set To Wholly Own Subsidiary Of ICICI Bank.

Delhi Chief Minister Rekha Gupta Has Presented Rs 1 Lakh Crores Budget For FY 2025/26.

Delhi Chief Minister Rekha Gupta Announced UT Budget Of Rs  1 Lakh Crores for FY 2025/26.


2) Reserve Bank Of India (RBI) Has Revised The Priority Sector Landing (PSL) Guidelines 

NSE - 

National Stock Exchange (NSE) Has Excluded 5 Stocks From F & O Segment With Effect From June 2025.

* Appollo Tyres 

* Deepak Nitrite 

* Escorts Kubota 

* MRF & Ramco Cement 

According To Morgan Stanley India Became The World's Third Largest Economy By 2028.

Competition Commission Of India (CCI) Has Approved The Hindustan Unilever Acquisition Of Minimalist Brand Owner.

The Government e Marketplace (GeM) Reached A Milestone Became Surpassing 5 Lakh Crores Gross Merchandise Value (GMV) In FY 2024/25.


STEPS DOWN - 

Japanese Automaker Nissan Chiefs Executive Maokoto Uchida Steps Down 

Nawaz Singhania Resigned As Non Executive Director Of Raymond


APPROVED - 

Union Cabinet Has Approved Rs 1500 Crores Incentive Scheme For Small Transaction Via UPI.


11) Union Cabinet Has Approved The Incentive Scheme For Promotion Of Low Value BHIM- UPI Transaction ( P2M)


STATE BUDGET - 

 Andhra Pradesh State Government Has Allocated Rs 6038. Crores State Roadways Budget For 2025/26.


* 3.22 Lakhs Crores Budget For 2025/26;

* School Education 31,805 Crores 

* 19,264 Crores For Health 

* 18,847 Crores For Rural Development 

* 79,926 Crores For FISCAL 

Mizoram State Government Has Presented The Rs 15,198.76 Crores Budget For FY 2025/26.

 Assam Finance Minister Ajanta Neog Has Presented Rs 2.63 Lakh Crores Budget For FY 2025/26.

Maharashtra State Government Has Presented The Rs 7 Lakh Crores State Budget For FY 2025/26.

Madhya Pradesh Deputy Chief Minister Has Presented The State Budget Worth Rs 4.21 lakh Crores For FY 2025/26

Tamilnadu BUDGET 2025/26 

* AGARAM - Museum Of Language To Be Established In Madurai.

* World Tamil Olympiad To Be Happens For School Children Every Year.

* Noyyal Museum To Be Established In Erode District.

* NAAVAAI Museum To Be Established In Ramnathpuram District

* Indus Valley Cultural Gallery To Open In Egmore Museum, Chennai.


7) Ass



* Union Finance Minister Nirmala Sitharaman Has Announced Rs 500 Crores Corpus For Manipur To Establish Contingency Fund. 

Haryana Chief Minister Nayab Singh Saini Has Presented Rs 2.5 Lakh Crores State Budget For FY 2025/26.

TELENGANA STATE BUDGET - 

Telengana Deputy Chief Minister Bhatti Vikramarka Mallu Presents State Budget.

ASSAM BUDGET - 

 ESTIMATED EXPENDITURE - 1.55 Lakh Crores (2025/26) 

* ESTIMATED CAPITAL EXPENDITURE - 35,759.18 Crores 

* 13% GSDP Growth 

* 2000 Crores For Assam Industrial Momentum Fund 

* THE BHUTAN- BODOLAND Bay Of Bengal (B3) ECONOMIC CORRIDOR 

1143 Crores Allocated For This Corridor 




NEW MAHARATNA COMAPNY - 

* IRCTC ( INDIAN RAILWAY CATERING AND TOURISM CORPORATION ) Become The 25th NAVARATNA CPSE.

* INDIAN RAILWAY FINANCE CORPORATION ( IRFC) BECAME THE 26TH NAVARATRA CPSE.


APPOINTMENTS - 

Government Appoints Amitava Mukherjee As Chairman And Managing Director Of NMDC Board.

RBI Appoints Ajit Ratnakar As Its Executive Director.

RBI Approved The Reappointment Of Sumanth Kathpalia As MD & CEO Of Indusland Bank For Next 1 Year.

 Surinder Kumar Negi Has Been Appointed As The Chief Operating Officer (CEO) OF KPI Green Energy.

3M INDIA Appoints Nikhil Arora As CFO.

Atul Kumar Goel Has Been Appointed As The President Of Indian Bank Association 

Takashi Nakajima Named As New President And CEO Of HONDA Cars India. 

Bajaj Finance Elevates Rajeev Jain As The Post Of Vice Chairman For Next 3 Years.

* Anup Kumar Saha Has Been Appointed As The Managing Director Of Bajaj Finance.

* Ashoka Buildcon Has Reappoint Satish Parakh As Managing Director.

Hindustan Copper Appoints Sanjiv Kumar Singh As Chairman And Managing Director 

 Mr Subramanian Sarma Has Been Elevated To Whole Time Director And President Of Larsen and TouBro.

 Indranil Bhattacharya Has Been Appointed As The Executive Director Of RBI.

Ajay Seth Has Been Appointed As The Finance Secretary.


CHOLAMANDALAM Investment Approved The Appointment Of Vellayan Subbaih As Executive Chairman.

Bharati Airtel Appoints Shivan Bhargava As Its Direct Customer Experience. 

* Sidharth Sharma As CEO Connected Homes And Chief Marketing Officers.

* Vedanta Appoints Rajiv Kumar As CEO Of Aluminium Business 

Former Director Of Enforcement Directorate (ED) Sanjay Kumar Mishra Has Been Appointed As The Full Time Member  Of Pradhan Mantri Economic Advisory Council.

Harish Dhuan Has Been Appointed As The New CMD of SECL.

Brajesh Kumar Upadhyay, Has Been Re-elected As The Vice Chairman Of The Standing Conference Of Public Enterprises ( SCOPE) For 2nd Consecutive Terms.

Thomas John Muthoot Has Been Appointed As The CII South chairman.

* Ravichandran Purushothaman Has Elected As The Vice Chairman Of CII South 

Rahul Bhave Has Been Appointed As The New MD & CEO Of The Industrial Finance Corporation Of India (IFCI).

 Parminder Chopra Has Given Additional Charge Of MD CEO Of REC LIMITED.

MOU SIGNED - 

SEBI Join Hands With Digilocker To Reduce Unclaimed Assets In Indian Securities Market & Enhance Investor Protection.

Arm Centrico Insurance Repository Has Signed Agreement With Life Insurance Corporation (LIC) To Provide Insurance Repository Services.

APPROVED - 

THE NABARD Has Approved Rs 109.3 Crores For 10 Rural Road Projects In Six Districts Of Himachal Pradesh.

GST COLLECTED - 

Rs 1.84 Lakh Crores GST Collected By Indian Government In February 2025.
CERTIFIED - 

Paradip Port, Odisha Has Awarded The Prestigious Sagar Ankalan Certificate For Outstanding Performance In Bulk Cargo Handling FY 2023/24.

* Tata Steel Surpassed Trent To Became Fourth Largest Tata GROUP Company.

SEBI - 

SEBI Opens Centralise Based Portal For Corporate Bonds.

India's Economic Surge 


BANKING - 

Indusland Bank On News RBI Ensures That The Bank Has Well Capitalised. 
* 16.46% Capital Adequacy Ratio 
* 70.20% As Provision Coverage Ratio 
* RBI And Bank Of Mauritius Have Signed A MoU To Establish a Framework Promoting The Use Of Local Currencies For Cross Border Transaction

AWARDS - 

 Shri Ratan Tata Posthumously Received The TIOL Business Leader Award 2025.

The Reserve Bank Of India (RBI) Has Been Selected For The Digital Transformation Award 2025 By Central Banking, London UK.

26TH EY AWARDS 2025 - 

* EY ENTREPRENEUR OF THE YEAR - NIKHIL KAMATH ( FOUNDER OF ZERODHA)


* LIFETIME ACHIEVEMENT AWARD - K V KAMATH ( CHAIRMAN, JIO FINANCING SERVICES) 

* SPECIAL JURY AWARD - DR S SOMNATH (FORMER CHAIRMAN ISRO)

* CONSUMER PRODUCTS & RETAIL AWARD - PRADEEP RATHOD ( CHAIRMAN & MD CELLO WORLD)

* LIFE SCIENCES & HEALTHCARE - HIMANSHU BAID ( MD & CEO OF POLY MEDICURE)

* STARTUP AWARD - KAMLESH GOYAL ( FOUNDER & CHAIRMAN GO DIGIT GENERAL INSURANCE)

* BUSINESS TRANSFORMATION AWARD - SAMEER NIGAM ( FOUNDER & CEO PHONEPE)

* SERVICES AWARD - RAJESH MAGOW ( CO- FOUNDER OF CEO MAKE MY TRIP)

* ENTREPRENEURIAL CEO - Dr Anish Shah ( MD & CEO OF Mahindra ) 

* MEHER PUDUMJEE - (CHAIRPERSON TERMEX) WON - MANUFACTURING AWARD 

* REAL ESTATE & INFRASTRUCTURE AWARD - PIROJSHA GODREJ ( EXECUTIVE CHAIRMAN OF GODREJ)

BEL Has Received The ESC National Export Excellence Award 2025.

NHPC Has Been Conferred With CII HR Excellence Award 2024/25.

 Goa's Manohar Parrikar International Airport Wins Civil Aviation - Sustainability Accolades At Build India Infra Awards 2025.

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