RBI Winds Up Paytm Payments Bank: Girikumar Nair Appointed Official Liquidator – Complete Current Affairs for UPSC, Banking, SSC & PCS Exams

Daily Current Affairs2 weeks ago2 weeks ago07 mins

RBI winds up Paytm Payments Bank as the Delhi High Court appoints Girikumar M. Nair as Official Liquidator. Learn the reasons, banking regulations, historical background, key takeaways, and exam-focused current affairs for UPSC, SSC, Banking, Railways, Defence, and State PCS exams. RBI Moves Towards Final Closure of Paytm Payments Bank The Reserve Bank of India…

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IRDAI Dark Patterns Framework Explained: New Insurance Consumer Protection Rules for Government Exam Preparation

Daily Current Affairs1 month ago1 month ago07 mins

IRDAI dark patterns framework explained in detail for UPSC, SSC, Banking, Railways, Defence, and State PSC exams. Learn about insurance consumer protection, IRDAI reforms, dark patterns, key features, historical background, FAQs, and MCQs for exam preparation. Introduction The Insurance Regulatory and Development Authority of India (IRDAI) has introduced a new framework to eliminate dark patterns…

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RBI Eases NRI Investment Rules: Designated Repatriable Rupee Accounts Explained

Daily Current Affairs2 months ago2 months ago05 mins

RBI eases NRI investment rules by introducing designated repatriable rupee accounts under FEMA, simplifying investment, repatriation, and boosting foreign capital inflows. RBI Introduces Major Relaxation in Investment Framework The Reserve Bank of India (RBI) has introduced significant amendments to the Foreign Exchange Management (FEMA) regulations, aimed at simplifying investment procedures for Non-Resident Indians (NRIs), Overseas…

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RBI Deputy Governor Extension 2028: Swaminathan Janakiraman Gets Two-Year Tenure Extension

Daily Current Affairs2 months ago2 months ago07 mins

RBI deputy governor extension 2028 update: Swaminathan Janakiraman has received a two-year extension as RBI Deputy Governor until June 2028. Learn key facts, responsibilities, exam relevance, historical background, and important current affairs points for UPSC, SSC, Banking, Railways, Defence, and State PSC exams. Introduction The Government of India has extended the tenure of RBI Deputy…

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RBI Cooperative Bank Reform: 10-Year Director Tenure Limit and Governance Rules Explained

Daily Current Affairs3 months ago3 months ago06 mins

RBI cooperative bank reform introduces 10-year director tenure limit and 3-year cooling-off period to strengthen governance, transparency, and depositor protection in Urban Co-operative Banks. RBI Introduces Major Governance Reform in Urban Co-operative Banks RBI Strengthens Governance Framework in UCBs The Reserve Bank of India (RBI) has introduced significant governance reforms for Urban Co-operative Banks (UCBs)…

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RBI Cancels Sarvodaya Co-operative Bank Licence: Banking Regulation Act & DICGC Key Update for Exams

Daily Current Affairs3 months ago3 months ago05 mins

RBI cancels Sarvodaya Co-operative Bank licence due to financial instability under Banking Regulation Act 1949. Learn key reasons, DICGC deposit protection, FAQs, and MCQs for exams. RBI Action Against Sarvodaya Co-operative Bank The Reserve Bank of India (RBI) has cancelled the banking licence of Sarvodaya Co-operative Bank with immediate effect, marking a significant regulatory intervention…

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RBI Deputy Governor Appointment 2026: Rohit Jain Becomes Deputy Governor – Key Details, FAQs & MCQs for Exams

Daily Current Affairs3 months ago3 months ago05 mins

RBI Deputy Governor Appointment 2026: Rohit Jain has been appointed as the Deputy Governor of the Reserve Bank of India for a three-year term. Check key details, responsibilities, FAQs, and MCQs for exam preparation. Rohit Jain Takes Charge as Deputy Governor of Reserve Bank of India 🏦 Appointment of Rohit Jain as RBI Deputy Governor…

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SEBI PaRRVA System 2026 Explained: Verified Performance Data for Investors

Daily Current Affairs3 months ago3 months ago06 mins

SEBI PaRRVA system 2026 ensures verified performance data for financial intermediaries, enhancing transparency, investor protection, and market credibility in India. Introduction to SEBI and PaRRVA Framework The Securities and Exchange Board of India (SEBI), India’s capital market regulator, has taken a major step toward strengthening transparency in financial markets by operationalising the Past Risk and…

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RBI Cancels Paytm Payments Bank Licence 2026: Reasons, Impact and Key Facts for Exams

Daily Current Affairs3 months ago3 months ago05 mins

RBI cancels Paytm Payments Bank licence due to non-compliance. Learn reasons, impact, key facts, FAQs, and MCQs for UPSC, SSC, Banking and other competitive exams. RBI Cancels Paytm Payments Bank Licence Over Regulatory Non-Compliance Introduction to the RBI Action The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank (PPBL),…

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RBI Recognition FEDAI SRO: Key Updates on Forex Market Regulation

Daily Current Affairs7 months ago7 months ago07 mins

RBI recognition FEDAI SRO enhances forex market regulation, compliance, and governance. Key insights for banking, UPSC, and SSC exams. RBI Recognises FEDAI as Self-Regulatory Organisation for Forex Dealers Introduction: RBI’s Strategic Move in Forex Regulation The Reserve Bank of India (RBI) has officially recognised the Foreign Exchange Dealers’ Association of India (FEDAI) as a Self-Regulatory…

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