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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