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1 RBI cuts small finance banks' lending requirement to priority sectors

The Reserve Bank of India (RBI) on Friday eased lending norms for small finance banks by reducing their mandatory priority sector lending requirement—covering areas like agriculture and small enterprises by 15 percentage points.

RBI in a statement, said, "On a review, it has been decided that financial year 2025-26 onwards, the additional component (35 per cent) of priority sector lending (PSL) shall be reduced to 20 per cent, thereby making the overall PSL target as 60 per cent of Adjusted Net Bank Credit (ANBC) or Credit Equivalent of Off-Balance Sheet Exposures (CEOBE), whichever is higher." "The SFB shall continue to allocate 40 per cent of its ANBC or CEOBE, whichever is higher, to different sub-sectors under PSL as per the extant PSL prescriptions, while the balance 20 per cent shall be allocated to any one or more sub-sectors under the PSL where the bank has competitive advantage."

24-Jun-2025 News in Details
2 U.P. CM inaugurates 91.35 km long Gorakhpur Link Expressway

Uttar Pradesh Chief Minister Yogi Adityanath on Friday (June 20, 2025) inaugurated the Gorakhpur Link Expressway built at a cost of over ₹7,000 crore. Calling the inauguration in Azamgarh a game changer, Mr. Adityanath stressed that U.P. is no longer a ‘BIMARU’ State but is emerging as an ‘Expressway State’.

BIMARU is a term used in reference to a group of States, including U.P. and Madhya Pradesh, that were historically considered to be lagging in terms of social and economic development.

The Chief Minister added that Azamgarh, which once faced an identity crisis, has now transformed into a stronghold of indomitable courage. The change witnessed in the region owing to Prime Minister Narendra Modi’s guidance and the efforts of the ‘double-engine government’ has transformed Uttar Pradesh, Mr. Adityanath said.

24-Jun-2025 News in Details
3 UPSC launches Pratibha Setu to help top exam qualifiers find jobs

The Union Public Service Commission (UPSC) has launched Pratibha Setu, earlier known as Public Disclosure Scheme, to help high-performing candidates who cleared all UPSC exams but missed the final merit list. The scheme aims to connect them with both government bodies and private employers.

Pratibha Setu includes more than 10,000 candidates from exams such as the Civil Services, Engineering Services, Forest Services, CAPF, Medical Services, Geo-Scientist, and IES/ISS. These candidates have passed all examination stages but were not recommended for final selection.

Employers, both from the central government and the private sector, can register on the portal. Once verified, they gain access to the soft biodata of candidates, including qualifications and contact details. UPSC will provide employers with login credentials to browse this data bank and recruit as needed.

24-Jun-2025 News in Details
4 Rajnath Singh to Release ‘Wings to Our Hopes – Volume 2’ Featuring President Murmu’s Speeches

Defence Minister Rajnath Singh will release a book Wings to Our Hopes – Volume 2, based on speeches delivered by President Droupadi Murmu at a function in New Delhi on Monday. This curated collection of 51 speeches offers a window into the vision, philosophy, and priorities of President Murmu during her second year in office. Information and Broadcasting Minister Ashwini Vaishnaw and Minister of State Dr. L. Murugan will also attend the function.

This vloume will be released in both Hindi and English, along with an e-version. Compiled by Rashtrapati Bhavan and published by Publications Division, the book follows its predecessor in chronicling the evolving discourse on governance, inclusivity, and national aspirations.

23-Jun-2025 News in Details
5 International Olympic Day 2025

Celebrated annually on June 23, the International Olympic Day is a global tribute to the birth of the modern Olympic games. To mark the occasion, athletes and people from different nations participate in several activities to raise awareness about the Olympic games and encourage people from all walks of life, irrespective of their age, gender, caste or creed, to take to sports in their lifestyles. Here’s everything you need to know about the International Olympic Day.

The International Olympic Day was established in 1948 and commemorates the foundation of the International Olympic Committee back on June 23rd, 1894. The IOC was originally founded in Paris by Baron Pierre de Coubertin, who was responsible for the revival of the ancient Olympic games. Initially celebrated across nine countries, the International Olympic Day has since become a globally celebrated occasion.

23-Jun-2025 News in Details
6 Nitish govt hikes social security pension amount by Rs 700 ahead of Bihar polls

Bihar chief minister Nitish Kumar on Saturday increased the amount under the social security pension scheme by Rs 700. As per the revised rules -- which will be implement from July -- beneficiaries will now receive Rs 1,100 per month from previous Rs 400 per month.

With this decision, over 1 crore 9 lakh 69 thousand 255 beneficiaries will be benefitted.

“I am happy to inform you that under the Social Security Pension Scheme, all the elderly, disabled and widowed women will now get a pension of Rs. 1100 instead of Rs. 400 every month. All the beneficiaries will get pension at the increased rate from the month of July. It will be ensured that this amount is sent to the account of all the beneficiaries on the 10th of the month. This will help 1 crore 9 lakh 69 thousand 255 beneficiaries a lot,” the chief minister wrote on X.

23-Jun-2025 News in Details
7 Uttarakhand gets state’s first ‘yoga policy’

On the occasion of the 11th International Yoga Day, Uttarakhand Chief Minister Pushkar Singh Dhami officially launched the state’s first-ever Yoga Policy from Bhararisain, the state’s summer capital.

He declared, “Uttarakhand will be developed as the global capital of yoga and wellness.”

While delivering his message ‘Yoga in Every Home, Health for Every Person,’ Dhami spoke of the Central Government’s support in the initiative and announced the establishment of a ‘Spiritual Economic Zones’ in Garhwal and Kumaon divisions.

23-Jun-2025 News in Details
8 Maharashtra to launch Majhi Vasundhara 6.0 across 28,000 local bodies from April 2025

The Maharashtra government will launch Majhi Vasundhara Campaign 6.0 across 28,317 local self-government bodies from April 1, 2025, to March 31, 2026, to strengthen environmental conservation efforts. The campaign, led by the Department of Environment and Climate Change, was announced by Minister Pankaja Munde. Focusing on the five elements – Earth, Water, Air, Fire, and Sky – the initiative aims to promote climate awareness and sustainable living. A guidance toolkit has been prepared, with public feedback invited until July 15, 2025. Third-party assessments will score participating bodies, with AMRUT cities eligible for up to 15,125 points, non-AMRUT Urban Local Bodies 14,625, and gram panchayats 13,625. Results will be declared on June 5, 2026, and awards distributed to top performers. The campaign emphasises carbon reduction, GHG control, and eco-friendly lifestyles. All local bodies are urged to register and implement the campaign in mission mode.

23-Jun-2025 News in Details
9 India’s Maaya Rajeshwaran clinches women’s single ITF J200 Gladbeck title in Germany

In Tennis, India’s Maaya Rajeshwaran has clinched the women’s singles ITF J200 Gladbeck title in Germany. The 16-year-old defeated Switzerland’s Noelia Manta 6-2, 6-4 in the final. This triumph marks Maaya’s maiden ITF Junior title on European clay.

Earlier in the semifinals, she defeated Daphnee Mpetshi Perricard of France 6-2, 6-1. It is Maaya’s seventh ITF Junior title overall. Her earlier titles include victories at J100 and J300 events. The J signifies Junior, and the number indicates the tournament’s grade, with higher numbers generally representing higher levels of competition and more ranking points.

23-Jun-2025 News in Details
10 India scripts historic finish at U23 Asian Wrestling Championships with double team titles

India’s young wrestlers delivered a stellar performance on the final day of the Under-23 Asian Wrestling Championships in Vung Tau, Vietnam, winning six medals in men’s freestyle. Five wrestlers, Nikhil, Sujeet, Jaideep, Chander Mohan, and Sachin, clinched gold. India also topped the team rankings in men’s freestyle and won the women’s freestyle team title, marking a historic finish at the continental event.

Indian women wrestlers won the team title at the Under-23 Asian Championship by winning a medal in each of the 10 categories, including four gold and five silver in Vung Tau, Vietnam. Priyanshi Prajapat in 50kg category, Reena in 55kg category, Shrishti in 68kg and Priya in 76kg category sealed the top podium places. Five Indian women wrestlers settled for runner-up finishes.

23-Jun-2025 News in Details