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…
Shirish Chandra Murmu appointed RBI Deputy Governor 2025. Learn about his career, role, and significance for banking, civil service, and government exams. Shirish Chandra Murmu Appointed as RBI Deputy Governor Introduction In a significant development for India’s financial sector, the Union Government has appointed Shirish Chandra Murmu as the Deputy Governor of the Reserve Bank…
RBI AePS new rules 2026 will enforce stricter KYC, real-time fraud monitoring, and one operator–one bank policy from January 1. Read full details for competitive exam preparation. RBI Tightens AePS Rules to Combat Fraud From January 2026 Strengthening the AePS Framework The Reserve Bank of India (RBI) issued a directive on June 27, 2025, introducing…
India’s Forex Reserves Hit Record High of $692.3 Billion Introduction to Forex Reserves India’s foreign exchange (Forex) reserves have reached an unprecedented milestone of $692.3 billion, according to the Reserve Bank of India (RBI). This marks a significant increase from the previous week’s total of $690 billion. This surge in reserves can be attributed to…
RBI’s Strategic Move to Strengthen Foreign Exchange Reserves In a notable economic development, the Reserve Bank of India (RBI) has significantly increased its gold reserves by purchasing 57.5 tonnes during the fiscal year 2024–25. This move demonstrates India’s continued strategy to diversify its foreign exchange (forex) reserves amid global economic uncertainties and inflationary pressures. As…
