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Daily Current Affairs: 23 April 2025

Current affairs of 23 April 2025: JD Vance in India: Trade, Energy and Indo-Pacific Pitch; IMF April 2025 WEO: Global Growth Cut on US Tariffs; Northern Sea Route and India’s Arctic Policy: Opportunities, Risks, and 20 more topics. Key facts for every exam, with a quiz.

23 TOPICSDaily CurrentAffairs23 April 2025In focus: JD Vance in India: Trade, Energy and…safalsetu.com

National Affairs

Banking & Finance

Economy

4. RBI Eases LCR Norms: Lower Run-Off for Digital Deposits

  • RBI cut the run-off factor to 7.5% for stable retail deposits with internet or mobile banking; less stable ones get 12.5%.
  • Run-off on deposits from trusts, partnerships and LLPs falls from 100% to 40%.
  • The new LCR norms take effect on April 1, 2026.
  • System LCR may rise about 6 percentage points, releasing ₹2.7-3.0 lakh crore and lifting credit growth 1.4-1.5%.
Full notes and 3 MCQs ›
Banking & Finance

10. AU Small Finance Bank Concierge for AU ivy, AU Eternity

  • AU Small Finance Bank, India's largest SFB, introduced concierge services under its premium programmes AU ivy and AU Eternity.
  • The target group is ultra-high-net-worth individuals seeking lifestyle-led services beyond regular banking.
  • Perks include travel, overseas education help, dining, airport services, golf, shopping, luxury experiences and event invitations.
  • AU SFB was founded in 1996 by Sanjay Agarwal and began banking operations in April 2017.
Full notes and 3 MCQs ›

Economy

International Affairs

Agriculture & Rural

Science & Technology

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15 questions from the news of 23 April 2025, with answers and explanations.

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