Current Affairs for Exams

Polity & Governance

RBI Considers 'Kill Switch' to Freeze Bank Accounts Instantly During Digital Scams

The RBI Annual Report 2025-26 has revealed plans to introduce a 'kill switch' in bank apps that would freeze all account transactions instantly when a …

BANKING UPSC SSC

Polity & Governance

Supreme Court Sets Aside SEBI's Fraud Findings Against RIL in 2007 RPL Futures Case

The Supreme Court has set aside SEBI's fraud findings against Reliance Industries in the 2007 RPL futures trading case and quashed the Rs 447 crore …

UPSC BANKING

Economy

Indonesia Nickel Refining Crunch Threatens India's EV Battery and Stainless-Steel Costs

India's EV battery and stainless-steel sectors face rising nickel prices and supply uncertainty as Indonesia's refineries — source of 80 per cent of India's ferronickel …

UPSC BANKING STATE_PCS

Economy

Four Co-operative Banks Added to RBI Act's Second Schedule

The RBI has added four cooperative banks — Contai (WB), Prime (Surat), Shri Veershaiv (Kolhapur) and Varachha (Surat) — to the Second Schedule of the …

BANKING UPSC

Economy

India Services Exports Grow 12.7% in April 2026 to USD 37 Billion: RBI Data

India's services exports rose 12.7 per cent year-on-year to USD 37,021 million in April 2026, with imports up 8.9 per cent to USD 18,417 million. …

UPSC BANKING SSC

Economy

RBI Penalises CreditAccess Grameen Rs 3.10 Lakh for KYC Compliance Lapse

RBI has fined CreditAccess Grameen Rs 3.10 lakh for failing to maintain robust transaction-monitoring software required under KYC and anti-money-laundering directions. The action was based …

BANKING UPSC

Economy

RBI House Price Index Q4 2025-26: 4.2% Annual Rise Led by Nagpur, Jaipur, Chandigarh

India's All-India House Price Index rose to 115.9 in Q4 2025-26, a 4.2 per cent year-on-year increase. Nagpur, Jaipur, Chandigarh and Kanpur led the annual …

UPSC BANKING SSC

Economy

Centre Orders Oil Marketing Companies to Hold 30-Day LPG Strategic Reserves

The Centre has asked state-run OMCs (IOC, BPCL, HPCL) to set up strategic LPG reserves equal to 30 days of demand, after the West Asia …

UPSC SSC STATE_PCS BANKING

Economy

MoSPI Permanently Shifts Q4 GDP Release to 7 June from 31 May for Better Data Quality

MoSPI has permanently moved the Q4 GDP release from 31 May to 7 June (or the previous working day) to improve data quality. The 2025-26 …

UPSC BANKING SSC

Economy

RBI Revives Polymer Banknote Plan, Pilot Likely for Rs 10 and Rs 20 Notes

The RBI is reviving its decade-old plan to introduce polymer banknotes, with a pilot likely on Rs 10 and Rs 20 denominations. Polymer notes last …

UPSC BANKING SSC

Economy

RBI Annual Report FY26: West Asia War Tops Risk List, Balance Sheet Expands 20.6%

RBI's Annual Report 2025-26 flagged the West Asia war as the biggest external risk and kept India's 2026-27 GDP growth forecast at 6.9 per cent. …

UPSC SSC BANKING STATE_PCS