India forex reserves 729.3 billion as reserves hit a record high in August 2026. Know RBI data, key components, reasons for the rise and exam-important facts. India Achieves a New Forex Reserve Milestone India’s foreign exchange reserves have reached a record high of $729.3 billion, marking a significant milestone for the country’s external financial position….
RBI polymer banknotes FY28 plan explained with features, benefits, security advantages, expected rollout timeline, and important facts for UPSC, Banking, SSC, Railways and other government exams. RBI’s New Initiative to Modernise Indian Currency System The Reserve Bank of India (RBI) is preparing to introduce polymer banknotes in India from the beginning of the financial year…
SBI Basel III AT-1 Bonds are set to make history as the State Bank of India becomes the first Indian bank to issue Basel III-compliant AT-1 perpetual bonds in 2026. Learn about AT-1 bonds, Basel III norms, capital adequacy, key facts, FAQs, and MCQs for UPSC, Banking, SSC, RBI Grade B, Railways, Defence, and State…
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 Variable Rate Repo Auction 2026 explained in detail. Learn why the RBI injected ₹1.41 lakh crore through a 7-day VRR auction, its impact on banking liquidity, monetary policy, economy, and competitive exams like UPSC, SSC, Banking, RBI Grade B, and State PSC. Introduction The Reserve Bank of India (RBI) has injected ₹1.41 lakh crore…
RBI revised Scale-Based Regulation Framework for NBFCs introduces stricter oversight for large NBFCs, automatic Upper Layer classification, governance reforms, and revised exposure norms. Learn key facts, importance, and exam-focused notes for UPSC, Banking, SSC, Railways, and State PSC exams. Introduction The Reserve Bank of India (RBI) has introduced significant changes to its Scale-Based Regulation (SBR)…
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…
Polymer currency notes in India are back in focus as RBI plans to test plastic banknotes. Learn about their benefits, security features, global adoption, exam relevance, and key facts for UPSC, SSC, Banking, Railway, and PSC exams. India Set to Test Plastic Currency Notes as RBI Revives Polymer Note Project RBI Plans Major Change in…
CBDC Food Subsidy Pilot under PMGKAY launched in Puducherry integrates digital rupee with welfare delivery. Know key facts, objectives, exam relevance, and important takeaways for UPSC, SSC, Banking and PSC exams. Govt Launches CBDC-Based Food Subsidy Pilot under PMGKAY in Puducherry The Government of India has initiated a significant pilot project that integrates Central Bank…
Sonali Sen Gupta appointed as RBI Executive Director 2025. Learn about her roles, professional background, financial inclusion initiatives, and significance for government exams. Sonali Sen Gupta Appointed as RBI Executive Director Introduction In a significant development, the Reserve Bank of India (RBI) has appointed Sonali Sen Gupta as its new Executive Director (ED), effective from…
