.png "Banking & Financial Awareness GK Digest : September 2025")
ADB Sanctions $125 Million Loan To Strengthen Urban Services In Assam
Current Context: Asian Development Bank (ADB) approved a USD 125 million loan for the Assam Urban Sector Development Project on 1 September 2025.
Here are the key points:
- It aims to improve water supply, flood resilience, and urban governance across Guwahati and six district HQs.
- Key works include 6 water treatment plants, 800 km pipelines, and stormwater upgrades in Bahini Basin.
- A State Institute for Urban Development will be set up with IIT Guwahati.
- The project promotes digital billing, GIS-based tax, and women’s inclusion via SHG training and internships.
- It will benefit around 3.6 lakh residents, enhancing climate resilience and urban livability.
SEBI Revised Rules For Intraday Index Options Effective From October 01, 2025
Current Context: SEBI’s revised rules for intraday index options trading will take effect from October 01, 2025, aiming to curb risky expiry-day bets and enhance market stability.
Key Highlights:
- Entities will face a ₹5,000 crore cap on net intraday positions and a ₹10,000 crore cap on gross positions per side, calculated on a futures-equivalent basis.
- Exchanges must conduct at least four random checks daily, including one between 2:45–3:30 PM, to monitor compliance.
- Breaches on expiry days will attract penalties or surveillance deposits starting December 06, 2025.
- The move balances flexibility for traders with stricter oversight, preserving liquidity while preventing volatility.
This digest is not complete. Read the complete digest on the Financial Awareness Course.
