Exclusive Highlights in the Banking Sector, Download PDF

The banking and financial landscape is continually evolving, with significant developments impacting regulatory bodies, financial institutions, and the broader economy. For aspirants preparing for banking and regulatory exams, staying updated on recent developments is crucial. This comprehensive compilation of highlights in the banking sector from December 2024 provides valuable insights into critical reports, rankings, and initiatives. The highlights cover key global and national updates, reports from renowned organizations, and trends shaping the financial ecosystem. Download the PDF for a detailed understanding of these topics and boost your exam preparation.

Exclusive Highlights in the Banking Sector

The banking and financial sector saw remarkable developments in December 2024, shaping economic policies and global rankings. From India’s consistent growth in remittance inflows to significant reports by NITI Aayog, World Bank, and S&P Global, these highlights underline India’s robust economic positioning. Additionally, initiatives like Sugamya Bharat Abhiyan and updates on cybersecurity and manufacturing growth add to the nation’s progressive narrative.

Exclusive Highlights in the Banking Sector, Download PDF

Access the detailed Highlights of the Banking Sector- December 2024 in a consolidated PDF format. This document covers key insights from reports, rankings and initiatives that are vital for aspirants preparing for banking and regulatory exams. Download now for a thorough understanding of the latest trends.

Exclusive Highlights in the Banking Sector: Click here to Download PDF

Key Highlights of the Banking Sector

The above PDF contains the following reports/news in detail:

• SBI ERD Report: The Economic Research Department (ERD) of the State Bank of India released its latest report, providing insights into macroeconomic trends, policy implications, and financial sector performance.
• 9 Years of Sugamya Bharat Abhiyan: Marking nine years of advancing accessibility, the Sugamya Bharat Abhiyan initiative has transformed infrastructure and services to promote inclusivity for persons with disabilities.
• ICRA ESG Ratings Report: India ranked sixth globally, with 127 companies committed to net-zero targets. The UK topped the list in the report highlighting corporate sustainability efforts.
• SIPRI Report on Indian Arms Makers: Indian defence manufacturers ranked among the Top 100 globally, recording a revenue of USD 6.7 billion in 2023, reflecting a 6% growth.
• NITI Aayog’s “Trade Watch Quarterly”: NITI Aayog launched a new publication offering detailed insights into India’s trade performance, policy updates, and future trade scenarios.
• International Debt Report 2024: This report analyzed global debt levels, with a focus on developing economies, highlighting challenges and potential strategies for debt sustainability.
• S&P Global Ratings Report: The “India Outlook for 2025” projected robust growth for India despite global economic uncertainties, emphasizing its resilience and investment potential.
• India Skills Report 2025: The 12th edition of the ISR, themed ‘Global Talent Mobility – India’s Decade,’ explored trends in India’s skill development and talent readiness for the global stage.
• FAO Soil Assessment Report: The FAO released its first comprehensive report on the ‘Global Status of Salt-Affected Soils,’ shedding light on soil degradation and its impact on agriculture.
• WHO Global Drowning Prevention Report: The WHO report highlighted alarming trends in drowning fatalities and emphasized the need for preventive measures, particularly in developing nations.
• PHDCCI GSDP Growth Analysis: The PHD Chamber of Commerce and Industry examined post-COVID Gross State Domestic Product (GSDP) trends, identifying growth drivers and challenges across states.
• Bloomberg Richest Families 2024: The Walton family led the rankings, while the Ambani family secured the 8th spot, showcasing their global influence and wealth.
• Forbes 2024 Powerful Women: Three Indian women were listed among Forbes’ 2024 World’s 100 Most Powerful Women, reflecting India’s growing prominence in global leadership.
• IDFC FIRST & Hurun India’s Entrepreneurs List: The report highlighted India’s top self-made entrepreneurs, showcasing innovation, business acumen, and contributions to the economy.
• NITI Aayog’s S.A.F.E. Accommodation Initiative: NITI Aayog proposed a blueprint for transforming worker housing under the S.A.F.E. Accommodation scheme to boost manufacturing growth.
• Mobile Malware Attack Report: India emerged as the top global target for mobile malware attacks, as detailed in a cybersecurity report highlighting vulnerabilities and prevention strategies.
• World Bank Remittance Report: India topped the global remittance chart in 2024, with inflows of $129 billion, underlining its role as a key contributor to the global economy.
• Mumbai-Delhi Flight Route: Ranked as the world’s 8th busiest domestic flight route in 2024, this reflects the growing demand for connectivity between India’s financial and political hubs.
• India State of Forest Report 2023: The ISFR 2023 revealed positive trends in India’s forest cover and biodiversity conservation, along with areas of concern needing attention.
• IPBES Nexus Report: The report tackled challenges like pollution and biodiversity loss, proposing actionable solutions for developing nations, including India.
• ASUSE 2023-24 Highlights: The Annual Survey of Unincorporated Non-Agricultural Enterprises shed light on job creation and economic trends in India’s non-agricultural sector.