BestCurrentAffairs.com https://bestcurrentaffairs.com/ Current Affairs for All-India-Competitive Exams. Sat, 06 Jun 2026 12:01:38 +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 “India’s youth constitute the nation's greatest strength & are central to the realization of the vision of Viksit Bharat”: Union Minister of Youth Affairs and Sports, Dr. Mansukh Mandaviya addresses MY Bharat Youth Convention https://bestcurrentaffairs.com/indias-youth-constitute-the-nations-greatest-strength-are-central-to-the-realization-of-the-vision-of-viksit-bharat-union-minister-of-youth-affairs-and-sports/ Sat, 06 Jun 2026 12:01:38 +0000 https://bestcurrentaffairs.com/indias-youth-constitute-the-nations-greatest-strength-are-central-to-the-realization-of-the-vision-of-viksit-bharat-union-minister-of-youth-affairs-and-sports/ “India’s youth constitute the nation's greatest strength & are central to the realization of the vision of Viksit Bharat”: Union Minister of Youth Affairs and Sports, Dr. Mansukh Mandaviya addresses MY Bharat Youth Convention Source PIB

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on Puran Associates Private Limited https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-puran-associates-private-limited/ Fri, 05 Jun 2026 21:59:45 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-puran-associates-private-limited/ The Reserve Bank of India (RBI) has, by an order dated May 27, 2026, imposed a monetary penalty of ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) on Puran Associates Private Limited (the company) for non-compliance with certain provisions of the RBI directions on ‘Asset Classification’. This penalty has been imposed in exercise of powers […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI to conduct 4-day Variable Rate Repo (VRR) auction under LAF on June 08, 2026 https://bestcurrentaffairs.com/rbi-to-conduct-4-day-variable-rate-repo-vrr-auction-under-laf-on-june-08-2026/ Fri, 05 Jun 2026 20:58:38 +0000 https://bestcurrentaffairs.com/rbi-to-conduct-4-day-variable-rate-repo-vrr-auction-under-laf-on-june-08-2026/ On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Monday, June 08, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 4 9:30 AM to 10:00 AM June 12, 2026 (Friday) 2. The […]

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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 2021-22 Series-III due on June 08, 2026 https://bestcurrentaffairs.com/premature-redemption-under-sovereign-gold-bond-sgb-scheme-redemption-price-for-premature-redemption-of-sgb-2021-22-series-iii-due-on-june-08-2026/ Fri, 05 Jun 2026 19:57:41 +0000 https://bestcurrentaffairs.com/premature-redemption-under-sovereign-gold-bond-sgb-scheme-redemption-price-for-premature-redemption-of-sgb-2021-22-series-iii-due-on-june-08-2026/ In terms of GOI notification F.No.4(5)-B(W&M)/2021 dated May 12, 2021 (SGB 2021-22 Series-III – Issue date June 08, 2021) 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 due […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Shri Swaminathan Janakiraman re-appointed as RBI Deputy Governor https://bestcurrentaffairs.com/shri-swaminathan-janakiraman-re-appointed-as-rbi-deputy-governor/ Fri, 05 Jun 2026 17:55:43 +0000 https://bestcurrentaffairs.com/shri-swaminathan-janakiraman-re-appointed-as-rbi-deputy-governor/ The Central Government has re-appointed Shri Swaminathan Janakiraman as Deputy Governor, Reserve Bank of India for a period of two years with effect from June 26, 2026, or until further orders, whichever is earlier. (Brij Raj)            Chief General Manager Press Release: 2026-2027/402 News Source

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Reserve Bank of India imposes monetary penalty on Canara Bank https://bestcurrentaffairs.com/reserve-bank-of-india-imposes-monetary-penalty-on-canara-bank/ Fri, 05 Jun 2026 13:51:39 +0000 https://bestcurrentaffairs.com/reserve-bank-of-india-imposes-monetary-penalty-on-canara-bank/ The Reserve Bank of India (RBI) has, by an order dated June 5, 2026, imposed a monetary penalty of ₹41.80 lakh (Rupees Forty one lakh eighty thousand only) on Canara Bank (the bank) for non-compliance with certain provisions of directions issued by RBI on ‘Know Your Customer (KYC)’ and ‘Unclaimed Deposits / Inoperative Accounts in […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI invites comments on the draft “Reserve Bank of India (Interest Rate on Deposits) Amendment Directions, 2026 https://bestcurrentaffairs.com/rbi-invites-comments-on-the-draft-reserve-bank-of-india-interest-rate-on-deposits-amendment-directions-2026/ Fri, 05 Jun 2026 12:50:44 +0000 https://bestcurrentaffairs.com/rbi-invites-comments-on-the-draft-reserve-bank-of-india-interest-rate-on-deposits-amendment-directions-2026/ In order to provide greater flexibility to banks for pricing their Rupee bulk deposits, while ensuring uniformity in disclosure of interest rates on deposits, the Reserve Bank of India has today released the following draft Amendment Directions: Reserve Bank of India (Commercial Banks – Interest Rate on Deposits) Amendment Directions, 2026. Reserve Bank of India […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Rate of interest on Government of India Floating Rate Bond 2031 https://bestcurrentaffairs.com/rate-of-interest-on-government-of-india-floating-rate-bond-2031/ Fri, 05 Jun 2026 11:49:43 +0000 https://bestcurrentaffairs.com/rate-of-interest-on-government-of-india-floating-rate-bond-2031/ Rate of interest on Government of India Floating Rate Bond 2031 News Source

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee June 3 to 5, 2026 https://bestcurrentaffairs.com/monetary-policy-statement-2026-27-resolution-of-the-monetary-policy-committee-june-3-to-5-2026/ Fri, 05 Jun 2026 08:46:41 +0000 https://bestcurrentaffairs.com/monetary-policy-statement-2026-27-resolution-of-the-monetary-policy-committee-june-3-to-5-2026/ Monetary Policy Decisions The Monetary Policy Committee (MPC) held its 61st meeting from June 3 to 5, 2026, under the chairmanship of Shri Sanjay Malhotra, Governor, Reserve Bank of India. The MPC members Dr. Nagesh Kumar, Shri Saugata Bhattacharya, Prof. Ram Singh, Dr. Poonam Gupta and Shri Indranil Bhattacharyya attended the meeting. 2. After a […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Governor’s Statement: June 05, 2026 https://bestcurrentaffairs.com/governors-statement-june-05-2026/ Fri, 05 Jun 2026 07:45:46 +0000 https://bestcurrentaffairs.com/governors-statement-june-05-2026/ Good morning and Namaskar. Over the past few months, the global economy has been shaped by heightened uncertainty, disruptions to key trade routes and supply chains, increased market volatility, and cautious business sentiment. 2. Let me at the outset emphasise that the Indian economy entered this episode of global turbulence with much better fundamentals than […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Result of Underwriting Auction conducted on June 05, 2026 https://bestcurrentaffairs.com/result-of-underwriting-auction-conducted-on-june-05-2026/ Fri, 05 Jun 2026 06:44:38 +0000 https://bestcurrentaffairs.com/result-of-underwriting-auction-conducted-on-june-05-2026/ In the underwriting auction conducted on June 05, 2026, for Additional Competitive Underwriting (ACU) of the undernoted Government security, the Reserve Bank of India has set the cut-off rate for underwriting commission payable to Primary Dealers as given below: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Nasik Jilha Mahila Vikas Sahakari Bank Ltd., Nasik – Extension of Period https://bestcurrentaffairs.com/directions-under-section-35a-read-with-section-56-of-the-banking-regulation-act-1949-nasik-jilha-mahila-vikas-sahakari-bank-ltd-nasik-extension-of-period/ Fri, 05 Jun 2026 05:43:38 +0000 https://bestcurrentaffairs.com/directions-under-section-35a-read-with-section-56-of-the-banking-regulation-act-1949-nasik-jilha-mahila-vikas-sahakari-bank-ltd-nasik-extension-of-period/ The Reserve Bank of India had issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Nasik Jilha Mahila Vikas Sahakari Bank Ltd., Nasik, vide Directive No. CO.DOS.SED. No.S6690/12.22.173/2025-2026 dated December 08, 2025, for a period of six months up to the close of business on June 09, 2026. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Union Secretary, Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying (MoFAH&D), Government of India visited https://bestcurrentaffairs.com/union-secretary-department-of-fisheries-ministry-of-fisheries-animal-husbandry-and-dairying-mofahd-government-of-india-visited/ Fri, 05 Jun 2026 05:31:49 +0000 https://bestcurrentaffairs.com/union-secretary-department-of-fisheries-ministry-of-fisheries-animal-husbandry-and-dairying-mofahd-government-of-india-visited/ Union Secretary, Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying (MoFAH&D), Government of India visited Source PIB

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on June 04, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-june-04-2026/ Fri, 05 Jun 2026 04:42:39 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-june-04-2026/ (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) 6,93,854.90 5.06 1.00-5.45      I. Call Money 18,288.69 5.27 4.60-5.40      II. Triparty Repo 4,76,270.75 5.04 4.86-5.14      III. Market Repo 1,92,915.96 5.07 1.00-5.25      IV. Repo in Corporate Bond 6,379.50 5.25 5.21-5.45 B. […]

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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 Amanath Co-operative Bank Ltd., Bangalore – Extension of Period https://bestcurrentaffairs.com/directions-under-section-35a-read-with-section-56-of-the-banking-regulation-act-1949-the-amanath-co-operative-bank-ltd-bangalore-extension-of-period-2/ Thu, 04 Jun 2026 11:25:51 +0000 https://bestcurrentaffairs.com/directions-under-section-35a-read-with-section-56-of-the-banking-regulation-act-1949-the-amanath-co-operative-bank-ltd-bangalore-extension-of-period-2/ The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Amanath Co-operative Bank Ltd., Bangalore vide Directive No. CO.DOS.SED.No.S1931/12-23-001/2024-2025 dated June 12, 2024, for a period of six months up to close of business on December 12, 2024. The Reserve Bank of India […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on Nagar Sahkari Bank Ltd., Maharajganj (U.P.) https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-nagar-sahkari-bank-ltd-maharajganj-u-p/ Thu, 04 Jun 2026 10:24:42 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-nagar-sahkari-bank-ltd-maharajganj-u-p/ RBI imposes monetary penalty on Nagar Sahkari Bank Ltd., Maharajganj (U.P.) News Source

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Underwriting Auction for sale of Government Security for ₹34,000 crore on June 05, 2026 https://bestcurrentaffairs.com/underwriting-auction-for-sale-of-government-security-for-34000-crore-on-june-05-2026/ Thu, 04 Jun 2026 07:21:38 +0000 https://bestcurrentaffairs.com/underwriting-auction-for-sale-of-government-security-for-34000-crore-on-june-05-2026/ Government of India has announced the sale (re-issue) of Government Security, as detailed below, through auction to be held on June 05, 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 03, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-june-03-2026/ Thu, 04 Jun 2026 04:18:41 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-june-03-2026/ (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) 7,11,235.95 5.14 0.10-5.50      I. Call Money 16,234.72 5.27 4.00-5.40      II. Triparty Repo 5,01,256.80 5.13 4.76-5.23      III. Market Repo 1,87,249.93 5.14 0.10-5.50      IV. Repo in Corporate Bond 6,494.50 5.29 5.25-5.40 B. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Launch of Payment Systems’ Connectivity Between India and Cambodia for QR-Code Based Cross-Border Merchant Payments https://bestcurrentaffairs.com/launch-of-payment-systems-connectivity-between-india-and-cambodia-for-qr-code-based-cross-border-merchant-payments/ Wed, 03 Jun 2026 16:06:40 +0000 https://bestcurrentaffairs.com/launch-of-payment-systems-connectivity-between-india-and-cambodia-for-qr-code-based-cross-border-merchant-payments/ Reserve Bank of India (RBI) has been actively pursuing interlinking of Unified Payments Interface (UPI) with fast payment systems of other jurisdictions to promote cross-border payments. These initiatives are aligned with the G20 Roadmap for enhancing cross-border payments, with a focus on cheaper, efficient, more transparent, and more accessible payments. 2. As part of this […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Result of the 2-day Variable Rate Repo (VRR) auction held on June 03, 2026 https://bestcurrentaffairs.com/result-of-the-2-day-variable-rate-repo-vrr-auction-held-on-june-03-2026/ Wed, 03 Jun 2026 08:59:38 +0000 https://bestcurrentaffairs.com/result-of-the-2-day-variable-rate-repo-vrr-auction-held-on-june-03-2026/ Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 11,360 Amount allotted (in ₹ crore) 11,360 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: 2026-2027/375 News […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Clarification on gold holdings https://bestcurrentaffairs.com/clarification-on-gold-holdings/ Wed, 03 Jun 2026 06:57:42 +0000 https://bestcurrentaffairs.com/clarification-on-gold-holdings/ The Reserve Bank of India (RBI) has come across reports in certain sections of the media about RBI’s sale of gold. The RBI emphasizes that these reports are not correct. In this context, it is clarified that the physical stock of gold is disclosed by RBI in its Monthly Bulletin. The latest edition is available […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on June 02, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-june-02-2026/ Wed, 03 Jun 2026 03:54:41 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-june-02-2026/ (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) 6,91,229.59 5.19 3.00-5.55      I. Call Money 18,057.45 5.28 4.60-5.50      II. Triparty Repo 4,78,506.10 5.20 4.90-5.30      III. Market Repo 1,87,632.99 5.16 3.00-5.35      IV. Repo in Corporate Bond 7,033.05 5.31 5.28-5.55 B. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) “El Niño concerns put centre on alert, farmers’ interests to be protected at all costs”: Shri Shivraj Singh Chouhan https://bestcurrentaffairs.com/el-nino-concerns-put-centre-on-alert-farmers-interests-to-be-protected-at-all-costs-shri-shivraj-singh-chouhan/ Tue, 02 Jun 2026 19:34:22 +0000 https://bestcurrentaffairs.com/el-nino-concerns-put-centre-on-alert-farmers-interests-to-be-protected-at-all-costs-shri-shivraj-singh-chouhan/ “El Niño concerns put centre on alert, farmers’ interests to be protected at all costs”: Shri Shivraj Singh Chouhan Source PIB

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) There will be no shortage of funds for agriculture and rural development in Assam: Shri Shivraj Singh Chouhan https://bestcurrentaffairs.com/there-will-be-no-shortage-of-funds-for-agriculture-and-rural-development-in-assam-shri-shivraj-singh-chouhan/ Tue, 02 Jun 2026 17:32:40 +0000 https://bestcurrentaffairs.com/there-will-be-no-shortage-of-funds-for-agriculture-and-rural-development-in-assam-shri-shivraj-singh-chouhan/ There will be no shortage of funds for agriculture and rural development in Assam: Shri Shivraj Singh Chouhan Source PIB

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI to conduct 2-day Variable Rate Repo (VRR) auction under LAF on June 03, 2026 https://bestcurrentaffairs.com/rbi-to-conduct-2-day-variable-rate-repo-vrr-auction-under-laf-on-june-03-2026/ Tue, 02 Jun 2026 15:42:48 +0000 https://bestcurrentaffairs.com/rbi-to-conduct-2-day-variable-rate-repo-vrr-auction-under-laf-on-june-03-2026/ On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Wednesday, June 03, 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 05, 2026 (Friday) 2. The […]

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