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June 13, 2025 at 01:15 AM
*✅Recent News Headlines Related to RBI*
. *The Reserve Bank of India (RBI)* has rejected the application of Annapurna Finance for a Universal Bank Licence
. *RBI has increased the* Loan-to-Value (LTV) ratio for gold jewellery-backed loans up to Rs.2.5 lakh to 85%.
. *In the 55th meeting of* the Monetary Policy Committee (MPC) held from June 4 to 6, 2025, RBI reduced the Policy Repo Rate by 50 basis points to 5.50%.
. *RBI launched a Hindi* Book Writing Scheme (2024-25) to encourage original works in Economics, Banking, and Finance. The scheme is open to working or retired professors from UGC-recognized Indian universities
. *As per RBI's 2025 amendment titled* "Inoperative Accounts/Unclaimed Deposits in Banks - Revised Instructions", any bank deposit not operated for 10 years or more will be transferred to the Depositor Education and Awareness (DEA) Fund
. *To address long-standing* gaps in climate-related financial data, the Reserve Bank of India (RBI) introduced the "Reserve Bank-Climate Risk Information System (RBI-CRIS)," a two-pronged data platform
. *The Reserve Bank of India (RBI)* imposed total penalties of Rs.54.78 crore in FY 2024-25 on various regulated entities for statutory violations
. *RBI announced a five-part documentary* series in collaboration with Jio Hotstar. The series is titled "RBI Unlocked: Beyond the Rupee", produced by Chalkboard Entertainment, a Mumbai-based production house
. *RBI's balance sheet expanded by* 8.2% in FY 2024-25, reaching a total size of Rs.76.25 lakh crore
. *RBI has enhanced* various UPI limits to promote its wider adoption. For direct and indirect tax payments, the UPI limit has been increased from Rs.1 lakh to rs.5 lakh per transaction
. *RBI earned $13 billion (Rs.1.11 lakh crore)* from foreign exchange transactions in FY 2024-25, marking a nearly 33% increase year-on-year
. *Worldline ePayments* India, a leading digital payments company, has been authorised by RBI to operate as a Payment Aggregator (PA) for cross-border trade, i.e., import and export transactions
. *RBI will transfer a record* surplus of Rs.2,68,590 crore to the Government of India for FY25, reflecting a 27% increase from the Rs.2,10,874 crore transferred in FY24
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