DAILY GK 28-30 JUNE 2025
1.
SEBI EASES COMPLIANCE NORMS FOR FPIS
·
The 210th meeting
of the SEBI Board was held in Mumbai,
Maharashtra has approved compliance relaxations for foreign Portfolio Investors (FPIs) investing
exclusively in Indian government
securities (G-secs) to simplify onboarding.
·
SEBI clears co-investment framework
for Category I and II AIFs (Alternate Investment
Funds).
·
Currently, foreign investors invest in
Indian debt through three routes — General,
Voluntary Retention Route (VRR) and the Fully Accessible Route (FAR).
·
General Route: Foreign investors can
invest in Indian debt within Reserve Bank of India (RBI)-prescribed limits and
conditions.
·
VRR: Allows long-term investments with
relaxed norms in exchange for a minimum 3-year retention commitment.
·
FAR: Permits unrestricted investment by
foreign investors in specified government securities.
·
SEBI Chairperson –
Tuhin Kanta Pandey.
2.
RBI REVISES PSL NORMS FOR SFBS
·
The Reserve Bank of India(RBI) revised
the regulatory lending norms for Small
Finance Banks (SFBs), reducing the mandated allocation to priority
sectors by 15%.
·
From the Financial Year 2025-26(FY26),
Priority Sector Lending (PSL) loans target for SFBs has been
lowered to 60% of their loans from 75% earlier.
·
The SFB are required to allocate 40% of
their Adjusted Net Bank Credit (ANBC) or Credit Equivalent of
Off-Balance Sheet Exposures (CEOBE) to specific sub-sectors
defined under PSL guidelines and the remaining 35% to
any PSL sub-sector where they have a competitive advantage.
·
From FY26, this additional component (35%)
of PSL allocation will be reduced to 20%, thereby
making the overall PSL target as 60 % of ANBC or CEOBE, whichever is higher.
3.
RBI EXTENDS CALL MONEY MARKET TIMINGS BY 2 HOURS
·
Reserve
Bank of India (RBI) has extended the trading hours
for the interbank call money market by 2 hours with
effect from July 01, 2025.
·
As per RBI directions, the call money
market will now operate from 9 am to 7pm instead of
current 9 am to 5 pm.
·
RBI has also revised the closing time for
Market Repo and Tri-party Repo (TREP) transactions
from around 2:30–3:00 p.m. to 4:00 p.m., effective August
1, 2025.
·
These
revised timings are based on the recommendations of the Working Group chaired
by Radha Shyam Ratho, Executive Director (ED),
RBI.
·
The call money market is exclusively accessed by banks and Standalone Primary Dealers (SPDs)
who are participants with access to the liquidity adjustment facilities of the
RBI.
4.
RBI REPORT: INDIA RECORDS CURRENT ACCOUNT SURPLUS OF USD 13.5
BILLION
·
The Reserve Bank of India (RBI) released
data on ‘India’s Balance of Payments for Q4 (January–March) FY25’, showing
that India’s current account balance posted a surplus
of USD 13.5 billion (1.3% of Gross Domestic Product, GDP) in the
fourth quarter (Q4) of Financial Year 2024–25 (FY25).
·
This surplus
was higher compared to USD 4.6 billion (0.5% of GDP) in Q4 FY24, and a significant improvement from a deficit of USD
11.3 billion (1.1% of GDP) in Q3 FY25.
·
Merchandise Trade Deficit
Moderated to USD 59.5 billion from USD
79.3 billion in Q3 FY25, though higher than USD 52
billion in Q4 FY24.
·
Current Account Deficit (CAD):
Narrowed to USD 23.3 billion (0.6% of
GDP) from USD 26 billion (0.7% of GDP) in FY24, aided by
higher net invisibles receipts (services and remittances).
5.
RBI PENALIZES FOUR CO-OPERATIVE BANKS
·
The Reserve Bank of India (RBI) has
imposed monetary penalties on four cooperative banks for
breaching various provisions under the Banking Regulation (BR) Act, 1949
·
The four cooperative banks are Hyderabad
(Telangana) based Hyderabad District Cooperative Central Bank (HDCCB),
Karimnagar (Telangana) based Karimnagar District Cooperative Central Bank (KDCCB), Chittoor
(Andhra Pradesh, AP) based Chittoor Co-operative Town Bank (CCTB), and
Bengaluru (Karnataka) based Karnataka Co-operative Bank (KCB).
·
HDCCB and the KDCCB are fined for Rs.
1 lakh each.
·
CCTB
was fined Rs.1 lakh for failing to comply with RBI instructions
concerning Urban Cooperative Banks (UCBs), regarding exposure norms and Know
Your Customer (KYC) lines.
·
KCB
was penalized Rs.1 lakh for comparable non-compliance.
6.
INTERNATIONAL DAY OF YOGA 2025 – JUNE 21
·
The
theme for IDY 2025, “Yoga for One Earth, One
Health”, emphasizes the deep interconnection between individual health
and planetary well-being.
·
The United Nations General
Assembly (UNGA) adopted Resolution
A/RES/69/131 on December 11, 2014, declaring June
21 as IDY.
·
The first IYD was observed on June
21, 2015.
·
On IYD 2025, a national event was led
by PM Narendra Modi in Visakhapatnam,
Andhra Pradesh (AP), where over 3 lakh participants performed the Common Yoga
Protocol (CYP) simultaneously with thousands
at 100,000+ locations across India, part of the “Yoga Sangam”
initiative.
7.
WORLD MUSIC DAY 2025 – JUNE 21
·
It is inspired by the French slogan “Faites
de la musique” (translated as “Make Music”),
which reflects the core purpose of the observance, to inspire self-expression
and participation through music.
·
The
theme for World Music Day 2025 is “Healing
Through Harmony.”
·
World Music Day was initiated in France
in 1982 by Jack Lang, then French Minister of
Culture, and Maurice Fleuret, a music journalist and composer.
8.
UNITED NATIONS PUBLIC SERVICE DAY 2025
– JUNE 23
·
The United Nations (UN’s)
Public Service Day is annually observed across the globe on June
23 to celebrate the fundamental value and virtue of public
service to communities worldwide.
·
The 2025 UN Public Service Forum and
Awards Ceremony is scheduled to take place in Samarkand, Uzbekistan.
·
The
theme is “Five
Years to 2030: Accelerating Public Service Delivery for a Sustainable
Future”.
9.
INTERNATIONAL WIDOWS DAY 2025- JUNE 23
·
International Widows’ Day was initiated in 2005
by the United Kingdom (UK)-based Loomba Foundation, a
charitable organisation dedicated to advocating for the rights and welfare of
widows globally.
·
The first UN-recognised observance of the
day took place on 23rd June 2011 .
10.
INTERNATIONAL OLYMPIC DAY 2025 – JUNE 23
·
The day commemorates the establishment of the International Olympic
Committee (IOC) on 23rd June 1894 at the Sorbonne in Paris, where French historian Baron Pierre de Coubertin
initiated the revival of the ancient Olympic Games, which led to the first
modern Olympics in Athens, Greece in 1896.
·
The
theme for International Olympic Day 2025 is “Let’s
Move?”, encouraging individuals to become active through walking,
playing, running, or dancing.
11. INTERNATIONAL DAY AGAINST DRUG ABUSE
AND ILLICIT TRAFFICKING 2025 – JUNE 26
·
The United Nations Office on Drugs and
Crime (UNODC), headquartered
in Vienna, Austria, leads the annual observance by selecting a campaign
theme, conducting awareness drives.
·
The
2025 theme for International Day Against Drug Abuse and Illicit
Trafficking is “Break the Cycle. #StopOrganizedCrime”.
12.
WORLD MSME DAY 2025 – JUNE 27
·
The United Nations (UN’s) World Micro-,
Small, and Medium-Sized Enterprises (MSME) Day is
annually observed across the globe on 27 June to
recognize MSMEs’ role in innovation and Sustainable Development Goals (SDG).
·
The
theme of MSME Day 2025 is “Enhancing the Role of
MSMEs as Drivers of Sustainable Growth and Innovation”.
13.
BOOK “WINGS TO OUR HOPES – VOLUME 2”
·
Book ‘Wings to Our Hopes –
Volume II’, a curated collection of 51 speeches delivered by the President of India, Smt.
Droupadi Murmu, during her second year in office (August
2023 to July 2024).
·
The collection has also been released in
Hindi as ‘Aashaon Ki Udaan – Khand 2’ along with
e-book versions.
14. BOOK “THE EMERGENCY DIARIES – YEARS
THAT FORGED A LEADER”
·
Union
Minister Amit Shah, Ministry of Home Affairs (MHA),
released a book titled “The Emergency Diaries – Years that Forged a
Leader”, to mark ‘SamvidhanHatyaDiwas’,
commemorating the anti-Emergency movement in India.
·
The
book highlights the role of Prime
Minister (PM) Narendra Modi as a young Rashtriya
Swayamsevak Sangh (RSS) Pracharak during the 21-month-long Emergency period
(1975–1977), which was imposed by the then PM Indira Gandhi.
15.
THE ONE: CRICKET, MY LIFE AND MORE
·
Former Indian Cricketer Shikhar
Dhawan has debuted as an author with his memoir, “The
One: Cricket, My Life and More”, in which he has shared about his
professional life as a cricketer, as a champion player and his personal life.
·
The book is published by Gurugram
(Haryana) based HarperCollins India.
