Fino Payments Bank CEO extension: Ketan Merchant gets a three-month interim CEO tenure extension from August 27, 2026, subject to RBI approval. Board Approves Fresh Extension Fino Payments Bank has approved a further extension of Ketan Merchant’s tenure as Interim Chief Executive Officer. The bank’s Board approved the extension for a period of up to…
RBI central board appointment 2026: S Somanath joins the RBI Central Board and Anand Mahindra is reappointed for four years. Check key facts, FAQs and MCQs. New Appointments to the RBI Central Board The Reserve Bank of India (RBI) has strengthened its Central Board with the appointment of former Indian Space Research Organisation (ISRO) Chairman…
India FY27 GDP growth forecast has been raised to 6.8% by Ind-Ra. Know the key reasons, risks, inflation outlook and important exam facts for UPSC, PCS, banking and government exams. Ind-Ra Raises India’s FY27 GDP Growth Forecast India Ratings and Research (Ind-Ra) has raised its real GDP growth forecast for India for Financial Year 2026-27…
Shabnam Sinha Airtel Payments Bank appointment: Know who will succeed Sunil Bharti Mittal, the effective date, tenure, RBI approval and key exam facts. Shabnam Sinha to Lead Airtel Payments Bank from October 2026 Airtel Payments Bank has announced a significant leadership transition. Shabnam Sinha, currently an Independent Director on the bank’s Board, will succeed Sunil…
Bankers Books Evidence Bill 2026 replaces the 1891 Act and recognises digital banking records, modernising the legal framework for banking evidence in India. Parliament Approves New Banking Evidence Law The Parliament of India has passed the Bankers’ Books Evidence Bill, 2026, marking an important step towards modernising the legal framework governing the use of banking…
Government debt to GDP ratio reached 58.2% in FY26. Know the key facts, fiscal deficit, fiscal consolidation, FRBM framework and important exam points for UPSC, PCS, SSC and banking exams. Government Debt-to-GDP Ratio in FY26 The Government of India’s debt-to-GDP ratio stood at 58.2% in FY26, according to information presented by the Ministry of Finance….
Bank in a Box UCBs launched by Amit Shah to modernise Urban Cooperative Banks with shared technology, cybersecurity, digital banking and regulatory support. Bank in a Box Initiative to Modernise Urban Cooperative Banking Union Home Minister and Minister of Cooperation Amit Shah launched ‘Bank in a Box’ and a dedicated Security Operations Centre (SOC) for…
UPI charges for consumers will not apply as P2P payments remain free, while any future MDR may target limited merchant transactions. Know key facts for government exams. UPI Payments to Consumers Will Remain Free The Government of India has clarified that ordinary consumers will not have to pay charges for UPI transactions. The clarification comes…
RBI loan recovery rules 2027 will introduce new norms from January 2027 covering recovery agents, borrower protection, calling hours, privacy and technology-based recovery practices. RBI Introduces New Framework for Loan Recovery The Reserve Bank of India (RBI) has revised the framework governing loan recovery practices, with the new norms scheduled to take effect from 1…
RBI upper layer NBFC list for FY2026–27 has 17 entities, with REC, PFC, IRFC and HUDCO added. Check key facts, framework and exam points. RBI Announces New Upper Layer NBFC List for FY2026–27 The Reserve Bank of India (RBI) has expanded the list of Non-Banking Financial Companies classified under the Upper Layer (NBFC-UL) to 17…
