BestCurrentAffairs.com https://bestcurrentaffairs.com/ Current Affairs for All-India-Competitive Exams. Thu, 18 Jun 2026 05:53:42 +0000 en-US hourly 1 https://bestcurrentaffairs.com/wp-content/uploads/2021/01/B-100x100.png BestCurrentAffairs.com https://bestcurrentaffairs.com/ 32 32 noRead The Different, Read The BestBest Current Affairsbestcurrentaffairs@gmail.comBest Current Affairs Underwriting Auction for sale of Government Securities for ₹32,000 crore on June 19, 2026 https://bestcurrentaffairs.com/underwriting-auction-for-sale-of-government-securities-for-32000-crore-on-june-19-2026/ Thu, 18 Jun 2026 05:53:42 +0000 https://bestcurrentaffairs.com/underwriting-auction-for-sale-of-government-securities-for-32000-crore-on-june-19-2026/ Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auction to be held on June 19, 2026 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on June 17, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-june-17-2026/ Thu, 18 Jun 2026 03:51:43 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-june-17-2026/ (Amount in ₹ crore, Rate in Per cent) <!– MONEY MARKETS@ –> Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,87,307.30 5.22 4.20-5.60      I. Call Money 20,840.09 5.35 4.20-5.45      II. Triparty Repo 4,86,503.90 5.19 4.79-5.32      III. Market Repo 1,73,076.36 5.27 4.50-5.60      IV. Repo in Corporate Bond 6,886.95 5.41 5.40-5.55 B. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Text of Prime Minister's statement during the G7 Summit Session on Ensuring a Safe, Rapid and Efficient Rollout of AI https://bestcurrentaffairs.com/text-of-prime-ministers-statement-during-the-g7-summit-session-on-ensuring-a-safe-rapid-and-efficient-rollout-of-ai/ Wed, 17 Jun 2026 16:31:50 +0000 https://bestcurrentaffairs.com/text-of-prime-ministers-statement-during-the-g7-summit-session-on-ensuring-a-safe-rapid-and-efficient-rollout-of-ai/ Text of Prime Minister's statement during the G7 Summit Session on Ensuring a Safe, Rapid and Efficient Rollout of AI Source PIB

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – The Gauhati Co-operative Urban Bank Ltd., Guwahati – Extension of period https://bestcurrentaffairs.com/directions-under-section-35a-read-with-section-56-of-the-banking-regulation-act-1949-as-applicable-to-co-operative-societies-the-gauhati-co-operative-urban-bank-ltd-guwahati-e/ Wed, 17 Jun 2026 11:34:42 +0000 https://bestcurrentaffairs.com/directions-under-section-35a-read-with-section-56-of-the-banking-regulation-act-1949-as-applicable-to-co-operative-societies-the-gauhati-co-operative-urban-bank-ltd-guwahati-e/ The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Gauhati Co-operative Urban Bank Ltd., Guwahati vide Directive No.GWH.DOS.ADM.No.S233/01-10-101/2025-2026 dated December 17, 2025 for a period of six months up to close of business on June 17, 2026. The Reserve Bank of India […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Result of the Second 2-day Variable Rate Repo (VRR) auction held on June 17, 2026 https://bestcurrentaffairs.com/result-of-the-second-2-day-variable-rate-repo-vrr-auction-held-on-june-17-2026/ Wed, 17 Jun 2026 07:31:02 +0000 https://bestcurrentaffairs.com/result-of-the-second-2-day-variable-rate-repo-vrr-auction-held-on-june-17-2026/ Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 22,284 Amount allotted (in ₹ crore) 22,284 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad           Deputy General Manager (Communications)     Press Release: 2026-2027/473 News […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Result of the 2-day Variable Rate Repo (VRR) auction held on June 17, 2026 https://bestcurrentaffairs.com/result-of-the-2-day-variable-rate-repo-vrr-auction-held-on-june-17-2026/ Wed, 17 Jun 2026 06:29:42 +0000 https://bestcurrentaffairs.com/result-of-the-2-day-variable-rate-repo-vrr-auction-held-on-june-17-2026/ Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 68,400 Amount allotted (in ₹ crore) 50,016 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) 70.32 Ajit Prasad           Deputy General Manager (Communications)     Press Release: 2026-2027/471 News […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI to conduct Second 2-day Variable Rate Repo (VRR) auction under LAF on June 17, 2026 https://bestcurrentaffairs.com/rbi-to-conduct-second-2-day-variable-rate-repo-vrr-auction-under-laf-on-june-17-2026/ Wed, 17 Jun 2026 05:28:41 +0000 https://bestcurrentaffairs.com/rbi-to-conduct-second-2-day-variable-rate-repo-vrr-auction-under-laf-on-june-17-2026/ On a review of current and evolving liquidity conditions, it has been decided to conduct a Second Variable Rate Repo (VRR) auction on Wednesday, June 17, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 2 11:00 AM to 11:30 AM June 19, 2026 (Friday) 2. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on June 16, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-june-16-2026/ Wed, 17 Jun 2026 04:27:42 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-june-16-2026/ (Amount in ₹ crore, Rate in Per cent) <!– MONEY MARKETS@ –> Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,95,500.75 5.30 4.00-5.65      I. Call Money 18,276.53 5.36 4.20-5.45      II. Triparty Repo 4,96,403.35 5.30 5.00-5.45      III. Market Repo 1,74,074.57 5.28 4.00-5.50      IV. Repo in Corporate Bond 6,746.30 5.38 5.35-5.65 B. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI to conduct 2-day Variable Rate Repo (VRR) auction under LAF on June 17, 2026 https://bestcurrentaffairs.com/rbi-to-conduct-2-day-variable-rate-repo-vrr-auction-under-laf-on-june-17-2026/ Tue, 16 Jun 2026 14:14:07 +0000 https://bestcurrentaffairs.com/rbi-to-conduct-2-day-variable-rate-repo-vrr-auction-under-laf-on-june-17-2026/ On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Wednesday, June 17, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 2 9:30 AM to 10:00 AM June 19, 2026 (Friday) 2. The […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Performance of Private Corporate Business Sector during Q4:2025-26 https://bestcurrentaffairs.com/performance-of-private-corporate-business-sector-during-q42025-26/ Tue, 16 Jun 2026 12:11:49 +0000 https://bestcurrentaffairs.com/performance-of-private-corporate-business-sector-during-q42025-26/ Today, the Reserve Bank released the data on performance of the private corporate business sector during the fourth quarter of 2025-26, drawn from abridged quarterly financial results of 3,266 listed non-government non-financial companies1. This summary position also includes comparable data for Q3:2025-26 and Q4:2024-25 to enable study of sequential (q-o-q) and annual (y-o-y) change (web-link: […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Result of the 7-day Variable Rate Repo (VRR) auction held on June 16, 2026 https://bestcurrentaffairs.com/result-of-the-7-day-variable-rate-repo-vrr-auction-held-on-june-16-2026/ Tue, 16 Jun 2026 06:05:53 +0000 https://bestcurrentaffairs.com/result-of-the-7-day-variable-rate-repo-vrr-auction-held-on-june-16-2026/ Tenor 7-day Notified Amount (in ₹ crore) 1,50,000 Total amount of bids received (in ₹ crore) 89,440 Amount allotted (in ₹ crore) 89,440 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad           Deputy General Manager (Communications)    Press Release: 2026-2027/465 News […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on June 15, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-june-15-2026/ Tue, 16 Jun 2026 04:03:45 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-june-15-2026/ (Amount in ₹ crore, Rate in Per cent) <!– MONEY MARKETS@ –> Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 7,15,096.23 5.26 1.50-5.65      I. Call Money 18,322.10 5.29 4.20-5.40      II. Triparty Repo 5,12,509.85 5.27 5.02-5.50      III. Market Repo 1,77,505.98 5.23 1.50-5.65      IV. Repo in Corporate Bond 6,758.30 5.31 5.28-5.50 B. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption of SGB 2020-21 Series-III due on June 16, 2026 https://bestcurrentaffairs.com/premature-redemption-under-sovereign-gold-bond-sgb-scheme-redemption-price-for-premature-redemption-of-sgb-2020-21-series-iii-due-on-june-16-2026/ Mon, 15 Jun 2026 17:53:44 +0000 https://bestcurrentaffairs.com/premature-redemption-under-sovereign-gold-bond-sgb-scheme-redemption-price-for-premature-redemption-of-sgb-2020-21-series-iii-due-on-june-16-2026/ In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated April 13, 2020 (SGB 2020-21 Series-III-Issue date June 16, 2020) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the next due date […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI Issues Amendment Directions on ‘Advertising, Marketing and Sale of Financial Products and Services by Regulated Entities’ https://bestcurrentaffairs.com/rbi-issues-amendment-directions-on-advertising-marketing-and-sale-of-financial-products-and-services-by-regulated-entities/ Mon, 15 Jun 2026 16:52:53 +0000 https://bestcurrentaffairs.com/rbi-issues-amendment-directions-on-advertising-marketing-and-sale-of-financial-products-and-services-by-regulated-entities/ As announced in the Statement on Developmental and Regulatory Policies dated February 6, 2026, the Reserve Bank had issued the draft Reserve Bank of India (Responsible Business Conduct) Amendment Directions, 2026 on February 11, 2026 for seeking feedback from stakeholders. The draft Amendment Directions proposed to have comprehensive instructions on advertising, marketing and sale of […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI to conduct 7-day Variable Rate Repo (VRR) auction under LAF on June 16, 2026 https://bestcurrentaffairs.com/rbi-to-conduct-7-day-variable-rate-repo-vrr-auction-under-laf-on-june-16-2026/ Mon, 15 Jun 2026 15:51:52 +0000 https://bestcurrentaffairs.com/rbi-to-conduct-7-day-variable-rate-repo-vrr-auction-under-laf-on-june-16-2026/ On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Tuesday, June 16, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,50,000 7 09:30 AM to 10:00 AM June 23, 2026 (Tuesday) 2. The […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI Issues Master Directions on Authorisation to operate a Payment System https://bestcurrentaffairs.com/rbi-issues-master-directions-on-authorisation-to-operate-a-payment-system/ Mon, 15 Jun 2026 14:50:49 +0000 https://bestcurrentaffairs.com/rbi-issues-master-directions-on-authorisation-to-operate-a-payment-system/ RBI Issues Master Directions on Authorisation to operate a Payment System News Source

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on Mahila Co-operative Bank Ltd., Bangalore, Karnataka https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-mahila-co-operative-bank-ltd-bangalore-karnataka/ Mon, 15 Jun 2026 13:49:48 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-mahila-co-operative-bank-ltd-bangalore-karnataka/ The Reserve Bank of India (RBI) has, by an order dated June 11, 2026, imposed a monetary penalty of ₹5 lakh (Rupees Five Lakh only) on Mahila Co-operative Bank Ltd., Bangalore, Karnataka (the bank) for non-compliance with certain directions issued by RBI on ‘Loans and advances to directors, their relatives, and firms / concerns in […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Developments in India’s Balance of Payments for the Month of April 2026 https://bestcurrentaffairs.com/developments-in-indias-balance-of-payments-for-the-month-of-april-2026/ Mon, 15 Jun 2026 12:48:46 +0000 https://bestcurrentaffairs.com/developments-in-indias-balance-of-payments-for-the-month-of-april-2026/ Preliminary data on India’s balance of payments (BoP) for April 2026 are presented in the following table. Henceforth, India’s BoP data for the reference month will be released by the 15th day or earlier of the second subsequent month. Major Items of India’s Balance of Payments (US$ billion) Item April 2025 PR April 2026 P […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Valsad Mahila Nagrik Sahakari Bank Ltd., Valsad, Gujarat – Extension of period https://bestcurrentaffairs.com/directions-under-section-35a-read-with-section-56-of-the-banking-regulation-act-1949-the-valsad-mahila-nagrik-sahakari-bank-ltd-valsad-gujarat-extension-of-period/ Mon, 15 Jun 2026 11:47:44 +0000 https://bestcurrentaffairs.com/directions-under-section-35a-read-with-section-56-of-the-banking-regulation-act-1949-the-valsad-mahila-nagrik-sahakari-bank-ltd-valsad-gujarat-extension-of-period/ The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Valsad Mahila Nagrik Sahakari Bank Ltd., Valsad, Gujarat vide Directive No.AMD.DOS.SSM.No.S831/11-03-153/2025-2026 dated December 17, 2025, for a period of six months up to close of business on June 18, 2026. The Reserve Bank […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Result of the Overnight Variable Rate Repo (VRR) auction held on June 15, 2026 https://bestcurrentaffairs.com/result-of-the-overnight-variable-rate-repo-vrr-auction-held-on-june-15-2026/ Mon, 15 Jun 2026 07:43:52 +0000 https://bestcurrentaffairs.com/result-of-the-overnight-variable-rate-repo-vrr-auction-held-on-june-15-2026/ Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 28,220 Amount allotted (in ₹ crore) 28,220 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.27 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad           Deputy General Manager (Communications)     Press Release: 2026-2027/452 News […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on June 13, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-june-13-2026/ Mon, 15 Jun 2026 06:42:42 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-june-13-2026/ (Amount in ₹ crore, Rate in Per cent) <!– MONEY MARKETS@ –> Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 0.00 – –      I. Call Money 0.00 – –      II. Triparty Repo 0.00 – –      III. Market Repo 0.00 – –      IV. Repo in Corporate Bond 0.00 – – B. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on June 14, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-june-14-2026/ Mon, 15 Jun 2026 05:41:49 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-june-14-2026/ Money Market Operations as on June 14, 2026 News Source

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on June 12, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-june-12-2026/ Mon, 15 Jun 2026 03:39:01 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-june-12-2026/ (Amount in ₹ crore, Rate in Per cent) <!– MONEY MARKETS@ –> Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,85,828.90 5.15 3.50-5.40      I. Call Money 14,966.55 5.27 4.60-5.35      II. Triparty Repo 4,90,422.15 5.14 4.90-5.35      III. Market Repo 1,73,690.90 5.16 3.50-5.40      IV. Repo in Corporate Bond 6,749.30 5.27 5.25-5.35 B. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on True Credits Private Limited https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-true-credits-private-limited/ Fri, 12 Jun 2026 22:47:09 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-true-credits-private-limited/ The Reserve Bank of India (RBI) has, by an order dated June 5, 2026, imposed a monetary penalty of ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) on True Credits Private Limited (the company) for non-compliance with certain provisions of the ‘Reserve Bank of India (Know Your Customer (KYC)) Directions’ issued by RBI. This penalty […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on Repco Home Finance Limited https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-repco-home-finance-limited/ Fri, 12 Jun 2026 20:45:42 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-repco-home-finance-limited/ The Reserve Bank of India (RBI) has, by an order dated June 05, 2026, imposed a monetary penalty of ₹70,000/- (Rupees Seventy thousand only) on Repco Home Finance Limited (the company) for non-compliance with certain directions issued by RBI on ‘Fair Practice Code’. This penalty has been imposed in exercise of powers conferred on RBI […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs)