1. Banking & Customer Updates
• New Nomination Rules (Effective from 1 November 2025)
Customers can now add up to four nominees for their bank accounts.
This simplifies the claim settlement process after the depositor’s death.
Applicable to savings, current, FD, RD, and all deposit accounts.
• Mandatory Shift to ‘.bank.in’ Domain
All banks must migrate their official websites to the new ‘.bank.in’ domain.
Introduced to enhance cybersecurity and reduce phishing attacks.
Provides a safer and more trusted digital banking environment.
2. Economic & Policy Updates
• India’s GDP Growth Exceeds RBI Projection
India’s Q2 GDP likely surpassed the RBI’s 7% growth estimate.
Growth driven by strong consumer spending and capital investment.
Reflects positive economic momentum going into next quarter.
• Next Monetary Policy Meeting – 5 December 2025
RBI’s next policy decision will be announced on 5 December 2025.
Despite stable inflation, markets expect no immediate rate cut.
Policy outcome may affect loans, EMIs, and overall financial markets.
3. Trade & Export Updates
• Relief Measures for Exporters Announced
RBI introduced relief steps to support exporters affected by global trade issues.
Includes a moratorium on tariff-related matters.
Foreign exchange realization window extended, providing more flexibility.
Aims to strengthen India’s export competitiveness.
