Read Daily Hindi Current Affairs Article 7 August 2025

Read Daily Hindi Current Affairs Article 7 August 2025

7th August 2025 Banking & Financial Current Affairs

Today's Headlines for Banking Exams (IBPS, RBI, SBI, SEBI)

1. RBI Launches Offline e-Rupee Gram for Rural India
2. SEBI Tightens Rules for AIF Investments in High-Risk Startups
3. SBI Introduces "Green Fixed Deposits" to Fund Renewable Energy Projects
4. IMF Revises India’s GDP Growth Forecast to 7.2% for FY 2025-26
5. HDFC Bank Partners with NPCI for UPI Payments in UAE
6. Government Raises FPI Limit in Corporate Bonds to $30 Billion

1. RBI’s Digital Currency Expansion

Offline e-Rupee Gram Launched

• What? RBI introduced a new offline version of CBDC (Central Bank Digital Currency) called e-Rupee Gram for rural areas.
• Purpose: Financial inclusion in villages with poor internet connectivity.
• Pilot States: Uttar Pradesh, Bihar, and Maharashtra.
• How it works? Transactions via USSD/SMS-based wallets without internet.

Banking Relevance:

• CBDC vs UPI: Unlike UPI, e-Rupee is a sovereign digital currency.
• Impact on Cash Usage: Expected to reduce cash dependency in rural banking.

Possible Exam Question:
Q. What is the key difference between e-Rupee Gram and UPI?
A. e-Rupee is a digital currency, while UPI is a payment system.

2. SEBI’s New AIF Regulations

Stricter Norms for Alternative Investment Funds

• New Rule: AIFs (Alternative Investment Funds) must disclose high-risk startup investments to SEBI.
• Why? To prevent misuse of funds and protect investors.
• Impact: Startups may find it harder to raise funds via AIFs.

Banking Relevance:

• AIFs vs Mutual Funds: AIFs cater to HNIs (High Net Worth Individuals), while MFs are retail-focused.
• SEBI’s Role: Ensuring transparency in alternative investments.

Possible Exam Question:
Q. What is the main objective of SEBI’s new AIF regulations?
A. To increase transparency in high-risk startup investments.

3. SBI’s Green Fixed Deposits

Eco-Friendly Investment Option

• What? SBI launched "Green FDs" where funds will be used for solar/wind energy projects.
• Interest Rate: 0.25% higher than regular FDs.
• Tenure: 1-3 years.

Banking Relevance:

• ESG Banking: Banks promoting sustainable finance.
• RBI’s Priority Sector Lending: Renewable energy is a focus area.

Possible Exam Question:
Q. How do Green FDs differ from regular FDs?
A. Green FD proceeds are invested only in renewable energy projects.

4. IMF’s Revised GDP Forecast for India

Growth Projection Upgraded to 7.2%

• Reason: Strong domestic demand, manufacturing growth.
• Global Comparison: India remains the fastest-growing major economy.

Banking Relevance:

• GDP & Banking Growth: Higher GDP = More credit demand.
• RBI’s Role: Managing inflation while supporting growth.

Possible Exam Question:
*Q. What is IMF’s revised GDP growth forecast for India in 2025-26?*
A. 7.2%

5. UPI Goes Global: HDFC-NPCI UAE Partnership

UPI Payments Now Live in UAE

• How? HDFC Bank partnered with NPCI International to enable UPI payments in UAE.
• Benefit: Indian tourists can pay via UPI in Dubai shops.

Banking Relevance:

• UPI’s Global Expansion: Already live in Singapore, France, UAE.
• Forex Savings: Reduces need for forex cards.

Possible Exam Question:
Q. Which bank partnered with NPCI for UPI in UAE?
A. HDFC Bank

6. FPI Limit in Corporate Bonds Raised

New Limit: $30 Billion

• What Changed? Govt increased FPI (Foreign Portfolio Investor) limit in corporate bonds from $25B to $30B.
• Why? To attract foreign investment in Indian debt markets.

Banking Relevance:

• FPI vs FDI: FPIs invest in stocks/bonds, FDIs in long-term projects.
• Impact on Rupee: More FPI inflows strengthen INR.

Possible Exam Question:
Q. What is the new FPI limit for corporate bonds?
A. $30 billion

Key Takeaways for Banking Exams

Revision Tip: Focus on e-Rupee Gram, SEBI AIF norms, and Green FDs for probable questions.

For more daily banking hindi current affairs of 7 august 2025, visit [Banking Awareness]