Claim Settlement Current Affairs for UPSC
A complete UPSC revision trail for Claim Settlement: 2 published analyses, their syllabus connections and closely related themes.
Where this topic fits in the UPSC syllabus
Complete coverage and analysis
Newest first. Open each article for concepts, evidence, Mains questions and related reading.
RBI's SNFA Rules Explained: Why Banks Can't Sell Seized Assets Back to Defaulters
The Reserve Bank of India has introduced the concept of Specified Non-Financial Assets (SNFA) — immovable properties that banks acquire when borrowers default — through amendments to its Resolution of Stressed Assets Directions, 2025. The new framework bars banks, small finance banks, and NBFCs from selling such assets back to the defaulting borrower or its related parties, mandates disposal primarily through public auctions on SARFAESI Act principles, and prescribes conservative valuation norms. This article explains what SNFAs are, the full framework of acquisition, valuation, and disposal, the NPA and SARFAESI background, the statutory basis in the Banking Regulation Act, and why these norms matter — from the UPSC Prelims and Mains perspective.
New EPFO Portal Explained: How CITES 2.01 Will Automate Interest Credit and Claims
The Employees’ Provident Fund Organisation has completed a major database consolidation and software upgrade under CITES 2.01, aimed at centralising EPFO’s member database, automating interest credit, reducing claim-settlement delays and enabling members to access services across EPFO offices. The reform is important for UPSC because it links digital governance, formal-sector social security, labour welfare, database integration, portability of benefits and citizen-centric service delivery.
Use this as a revision trail
- Start with the newest analysis to understand the present trigger.
- Read older coverage to track how the issue, policy and arguments evolved.
- Open the syllabus links above and turn recurring evidence into Mains notes.