DAILY GK 10-12 OCT 2025
1.
RBI GRANTED SRO STATUS TO
FINANCE INDUSTRY DEVELOPMENT COUNCIL
·
The Reserve Bank of
India (RBI) granted Self-Regulatory
Organisation (SRO) status to the Finance Industry Development Council (FIDC), the representative body for asset and loan
financing Non-Banking Financial Companies (NBFCs) registered with the RBI.
·
As an SRO, FIDC will enforce a code of conduct, ensure
regulatory compliance, and work with the RBI to address sectoral issues.
·
FIDC represents nearly 400
NBFCs, with SRO membership being voluntary for eligible members.
·
Raman Aggarwal
has been appointed as the Chief Executive Officer (CEO) to lead the
organization in its new role as an SRO.
·
So
far, two microfinance companies have been recognised as SROs i.e. Sa-Dhan and Microfinance Network (MFIN)
and Fintech Association for
Consumer Empowerment (FACE) as SRO for the financial technology (fintech)
sector.
2. RBI
IMPOSES PENALTIES ON AMERICAN EXPRESS BANKING CORP AND HDB FINANCIAL SERVICES
·
The RBI imposed a fine of Rs.
31.80 lakh on American Express Banking Corporation.
·
The
fine was imposed for failing to return credit balances to certain
cardholders from refunds or failed transactions.
·
HDB
Financial Services was fined Rs.4.2
lakh for not adhering to the
‘Know Your Customer (KYC) Directions, 2016’.
3.
GLOBAL
FINTECH FEST 2025 - MUMBAI
·
The
sixth edition of the Global Fintech Fest (GFF 2025), was held at the Jio
World Convention Centre in Mumbai, Maharashtra.
·
Organiser
is Payments Council
of India (PCI), National Payments Corporation of India (NPCI), and Fintech
Convergence Council (FCC).
·
Theme: “Empowering
Finance for a Better World Powered by AI: Augmented Intelligence |
Innovation | Inclusion”.
·
Union
Finance Minister Nirmala Sitharaman launched a Foreign Currency Settlement System (FCSS) at the International Financial Services
Centre (IFSC) in Gujarat International Finance Tec-City (GIFT
City).
·
The
Reserve Bank of India (RBI) launched
four new digital payment initiatives: UPI
(Unified Payment Interface) Help,
IoT (Internet of Things) Payments
with UPI, and Banking Connect.
·
Indian
financial services company Navi UPI
becomes the first UPI app in India to enable biometric-based
payments at scale, allowing users to approve transactions through
fingerprint or facial recognition instead of entering a UPI Personal
Identification Number (PIN).
·
It
also launched Reserve Pay and EV Recharge.
·
HDFC Announced the launch of “My
Business Quick Response (QR)”, powered by Vyaparify, a
digital innovation designed to give Bharat’s entrepreneurs their first commerce
identity.
·
‘Pitch for Business’ initiative,
providing a platform for startups and
innovators.
4.
WORLD TEACHER’S DAY 2025 –
OCTOBER 5
·
World Teachers’ Day (WTD),
observed annually on October 5 by the United Nations
Educational, Scientific and Cultural Organisation (UNESCO).
·
2025 Theme: “Recasting
teaching as a collaborative profession”.
·
WTD is jointly organized by UNESCO in collaboration with the ILO, United
Nations Children’s Fund (UNICEF),
and Education International (EI).
·
UNESCO Headquarters–
Paris, France.
·
Member Nations–
194.
·
Established-1945.
5.
WORLD HABITAT DAY
2025 – OCTOBER 6
·
The United Nations (UN)
observes World Habitat Day annually across the world on
the first Monday of October to highlight the state of human
settlements and emphasize every person’s right to adequate shelter.
·
2025 Theme: “Urban
Crisis Response”.
·
WHD was first celebrated
in 1986 and the event was hosted by Nairobi, Kenya.
·
The UN-Habitat Scroll of Honour Award was launched in 1989 by the
UN-Habitat. It is recognized today as the most prestigious award in
the field of human settlements worldwide.
·
The
2025 UN-Habitat (United Nations Human Settlements Programme)
Scroll of Honour Award recognized outstanding contributions to sustainable
urban development by the following laureates: Israel Smart (Nigeria),
Public Works Studio (Lebanon), Just a Change (Portugal), and Clara Marina
Brugada Molina (Mexico).
·
WHD
2025 was hosted in Nairobi, Kenya, at
the UN-Habitat Headquarters, with the global celebration coordinated by
UN-Habitat.
6.
WORLD COTTON DAY 2025
– OCTOBER 7
·
The idea of UN World Cotton Day was proposed in 2019 by
four sub-Saharan African cotton
producers: Benin, Burkina Faso, Chad, and Mali,
collectively called the Cotton Four, who suggested to the World Trade Organization (WTO) that 7 October be
celebrated as World Cotton Day.
·
The Ministry of
Textiles(MoT) celebrated WCD in New
Delhi focusing on the theme “Cotton 2040: Technology, Climate
& Competitiveness”.
7.
INDIAN
AIR FORCE DAY 2025 – OCTOBER 8
·
Indian
Air Force (IAF) Day, also known as IAF Raising Day, is
observed on 8th October across India to commemorate the formation of the IAF on 8 October 1932, originally
established as an auxiliary air force under the British Empire.
·
2025
Theme “Indian Air Force
– Infallible, Impervious and Precise”.
·
The
IAF was founded on 8th October 1932 as part of the British
Royal Air Force under the name Royal Indian Air Force (RIAF).
·
The
93rd anniversary of the IAF day was celebrated at Air Force Station Hindan,
Ghaziabad, Uttar Pradesh (UP).
8.
WORLD
POST DAY 2025 – OCTOBER 9
·
The
United Nations (UN) observes World Post Day (WPD) annually
on 9th October to commemorate the founding of the Universal
Postal Union (UPU) in 1874 in Bern,
Switzerland.
·
2025
Theme: “#PostForPeople:
Local Service. Global Reach”.
·
Universal
Postal Union(UPU) is
the world’s second-oldest international
organization after the International
Telecommunication Union (ITU).
·
UPU
became a UN specialized agency on 1st July 1948.
·
Headquartered– Bern, Switzerland.
·
Established– 1874.
·
Member
countries– 192.
9.
WORLD ANIMAL DAY 2025 –
OCTOBER 4
·
2025 Theme:’Save
Animals, Save the Planet’
·
The International Union for
Conservation of Nature(IUCN) Red
List shows nearly 18,000 threatened
species.
10.
WORLD
MIGRATORY BIRD DAY 2025 – OCTOBER 11
·
The
United Nations (UN)’s World Migratory Bird Day (WMBD) is biannually
observed across the globe on the 2nd Saturday of May and October to
raise awareness and promote global conservation of migratory birds.
·
2025
Theme: “Shared Spaces:
Creating Bird-Friendly Cities & Communities”.
·
The
initiative began in the United States of America (USA) in 1993 as
International Migratory Bird Day (IMBD), established by the Smithsonian
Migratory Bird Center in Washington, D.C., USA.
·
May
Observance: Observed in
the USA and Canada on the second Saturday of May, to mark spring migration
north to breeding grounds.
·
October
Observance: Celebrated
in Mexico, Central & South America, and the Caribbean on the second
Saturday of October, to mark autumn migration south to wintering habitats.
11.
WORLD
MENTAL HEALTH DAY 2025– OCTOBER 10
·
World
Mental Health Day (WMHD) is observed globally every year on 10th
October to raise awareness and promote support for mental health.
·
2025
Theme: “Access to
services – mental health in catastrophes and emergencies”.
·
The green
ribbon is the global symbol of mental health, representing hope,
strength, and support.
·
Actor Deepika
Padukone has been appointed as the Mental Health Ambassador to promote awareness and access to mental
health services.
