Skip to content
Free updates Login

Daily Current Affairs: 21 May 2025

Current affairs of 21 May 2025: WHO adopts world’s first Pandemic Agreement; Guttala Inscription: Earliest Record of Drought Deaths in India; Lokniti-CSDS Media Survey: Fake News and Trust in India, and 17 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)May 2025
20 TOPICSDaily CurrentAffairs21 May 2025In focus: WHO adopts world’s first Pandemic…safalsetu.com

In this issue: 20 topics

National Affairs

  1. Guttala Inscription: Earliest Record of Drought Deaths in India
  2. Yoga Sangam 2025: Ayush Ministry’s Run-up to Yoga Day
  3. OCI Portal Revamped: Amit Shah Launches New Version

Government Schemes

  1. Depot Darpan, Anna Mitra, Anna Sahayata: PDS Digital Tools

Banking & Finance

  1. Neo Banks in India: How They Work vs Traditional Banks
  2. RBI Cancels HCBL Co-operative Bank Licence in Lucknow
  3. Bank-Specific 1600xx Numbers With Incoming Calls Proposed
  4. FCCBs Explained: SBI’s $3 Billion Foreign Bond Plan
  5. SEBI’s Co-Investment Vehicle Proposal for AIFs and Its Concerns
  6. SEBI Proposes Co-Investment Vehicles Within AIFs
  7. SCRR Rule 8: Finance Ministry Clarifies Broker Investments
  8. ZikZuk RBI In-Principle Nod for Prepaid Payment Instruments

Economy

  1. India-US 10-Year Bond Yield Gap Hits 22-Year Low

International Affairs

  1. WHO adopts world’s first Pandemic Agreement
  2. India at 78th World Health Assembly: Global Health Equity

Agriculture & Rural

  1. Three New Multi-State Dairy Cooperatives for White Revolution 2.0
  2. IFFCO and FDRVC join forces to strengthen FPOs

Science & Technology

  1. CERT-In SAMVAAD 2025: Cybersecurity Audit Conference Notes

Reports & Indexes

  1. Lokniti-CSDS Media Survey: Fake News and Trust in India

Awards & Persons

  1. Adriyan Karmakar Wins Silver at ISSF Junior World Cup

National Affairs

Government Schemes

Banking & Finance

Banking & Finance

5. Neo Banks in India: How They Work vs Traditional Banks

  • Neo banks are fully digital, branchless institutions; in India they hold no banking licence and partner with licensed banks.
  • Payments banks are RBI-licensed but cannot lend or issue credit cards, while neo banks offer loans and cards via partners.
  • Super.money, a Flipkart-backed fintech, plans to become a top 3-5 neobank and completes a year in July 2025.
  • Risks include no RBI recognition as a bank, limited products, cyber threats and murky dispute redressal.
Full notes and 3 MCQs ›
Economy

8. FCCBs Explained: SBI’s $3 Billion Foreign Bond Plan

  • SBI's board approved raising up to $3 billion through foreign currency bonds in FY2025-26.
  • The funds will come via senior unsecured notes, in one or more tranches, by public offer or private placement.
  • An FCCB is a convertible bond issued in foreign currency, mixing debt and equity features.
  • Key risks are exchange rate risk, conversion risk and equity dilution.
Full notes and 3 MCQs ›

Economy

International Affairs

Agriculture & Rural

Science & Technology

Reports & Indexes

Awards & Persons

Test yourself

15 questions from the news of 21 May 2025, with answers and explanations.

Start the quiz