India may soon ban all money-based online gaming transactions under a proposed Online Gaming Bill, aiming to curb addiction, fraud, and financial risks.
The Pay Commission reviews central government salaries, allowances, and pensions every decade, balancing fairness for employees with fiscal responsibility. India is currently governed by the 7th Pay Commission.
GV Ramakrishna, the no-nonsense IAS officer, fought political pressure and reshaped SEBI, instituting transparency and investor protection in India’s markets.
SBI continues zero-balance policy for savings accounts, while HDFC maintains moderate thresholds. ICICI’s earlier steep hike was rolled back amid public backlash.
Small Finance Banks can become Universal Banks if they meet RBI thresholds: ₹1,000 crore net worth, five years of performance, profitability, and low NPAs.
