RBI polymer banknotes field trial for ₹10 and ₹20 notes marks a major step in India’s currency modernisation. Know RBI’s plan, benefits, security features, and exam-important facts about polymer currency. India’s Currency Modernisation Takes a Major Step Forward The Government of India has approved the proposal of the Reserve Bank of India (RBI) to introduce…
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…
RBI Polymer Banknotes Field Trial: Government approves testing of ₹10 and ₹20 polymer notes by RBI to assess durability, security features, and future currency management improvements in India. Government Approves RBI’s Proposal for Polymer Banknotes In a significant step towards modernizing India’s currency system, the Government of India has approved the Reserve Bank of India…
India Wholesale Inflation June 2026 increased to 9.87% as food and fuel prices pushed the Wholesale Price Index higher. Learn WPI, CPI, causes, economic impact, key takeaways, FAQs, and MCQs for UPSC, SSC, Banking, Railways, Defence, and State PSC exams. Understanding the Rise in Wholesale Inflation India’s wholesale inflation, measured by the Wholesale Price Index…
India June Trade Deficit 2026 increased to $30.43 billion, rising 59% year-on-year. Learn the reasons, impact on the Indian economy, current account deficit, important facts, FAQs, and MCQs for UPSC, SSC, Banking, Railways, Defence, and State PCS exams. India Records Sharp Rise in Merchandise Trade Deficit India’s merchandise trade deficit widened significantly to $30.43 billion…
Mahesh Pai South Indian Bank appointment has been approved by RBI for a three-year term as MD & CEO. Learn key highlights, exam importance, historical background, FAQs, and MCQs for UPSC, SSC, Banking, Railways, Defence, and State PSC exams. RBI Clears New Leadership for South Indian Bank The Reserve Bank of India (RBI) has approved…
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…
RBI Integrated Ombudsman Scheme 2026 explained with its key features, complaint process, objectives, benefits, historical background, FAQs, MCQs, and important points for UPSC, SSC, Banking, Railways, Defence, and State PSC examinations. Introduction The Reserve Bank of India (RBI) has introduced the Reserve Bank – Integrated Ombudsman Scheme, which came into effect on 1 July. The…
HDFC Bank Rajiv Kumar Part-Time Chairman appointment 2026 explained. Learn why former CEC Rajiv Kumar was appointed, RBI approval process, banking governance, key facts, MCQs, FAQs, and exam-focused current affairs for UPSC, SSC, Banking, Railways, Defence, and State PSC exams. Leadership Change at India’s Largest Private Sector Bank HDFC Bank has appointed Rajiv Kumar as…
Ashok Vaswani Kotak CEO resignation 2026 explained in detail. Learn why the Kotak Mahindra Bank leadership transition is important, RBI’s role in CEO appointments, corporate governance, key facts, MCQs, and exam-focused current affairs for UPSC, SSC, Banking, Railways, Defence, and State PSC exams. Leadership Transition Announced at Kotak Mahindra Bank Kotak Mahindra Bank has announced…
