D-SIBs in India: RBI Framework, HDFC Bank Context and Financial Stability Explained
Source: TH Context: The Reserve Bank of India (RBI) reassured markets regarding HDFC Bank following the resignation of its chairman, stating that the bank continues to remain a Domestic Systemically Important Bank (D-SIB) with strong governance and…
UPI Global Expansion & Scapia Pay Launch (2026): Digital Payments Ecosystem in Focus
Context: India’s digital payment ecosystem continues to expand globally and domestically: These developments highlight India’s growing leadership in real-time digital payments and fintech innovation. UPI Expansion in Sri Lanka by NIPL What is the…
Public Insurance Registry (PIR): IRDAI’s Digital Reform for India’s Insurance Sector
Source: Economic Times Context: The Insurance Regulatory and Development Authority of India (IRDAI) has proposed the creation of a Public Insurance Registry (PIR) to modernise India’s insurance data infrastructure. The proposal was discussed at a…
Bima Sugam 2026: IRDAI’s Plan to Launch Standardised Insurance Products in India
Source: Business Standard Context: The Insurance Regulatory and Development Authority of India (IRDAI) is set to launch standardised insurance products on the Bima Sugam digital platform in 2026. The roadmap was finalised during a meeting between IRDAI…
RBI Wins “Initiative of the Year” for .bank.in Domain: Enhancing Cybersecurity in Digital Banking
Source: Economic Times Context: The Reserve Bank of India (RBI) has been awarded the “Initiative of the Year” by Central Banking for launching the .bank.in domain, a dedicated internet domain for India’s banking sector. This recognition highlights…
India’s New GDP Base Year (FY23)
India has introduced a new GDP series with FY23 (2022–23) as the base year, replacing the earlier base year of 2011–12. The revision by the Ministry of Statistics and Programme Implementation (MoSPI) aims to improve accuracy, reflect structural economic…