BestCurrentAffairs.com https://bestcurrentaffairs.com/ Current Affairs for All-India-Competitive Exams. Thu, 18 Jun 2026 19:07:40 +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 Foreign Exchange Turnover Data: May 04, 2026 – May 08, 2026 https://bestcurrentaffairs.com/foreign-exchange-turnover-data-may-04-2026-may-08-2026/ Thu, 18 Jun 2026 19:07:40 +0000 https://bestcurrentaffairs.com/foreign-exchange-turnover-data-may-04-2026-may-08-2026/ The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 04, 2026 – May 08, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancellation of […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on Sarvodaya Commercial Co-operative Bank Ltd., Mehsana, Gujarat https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-sarvodaya-commercial-co-operative-bank-ltd-mehsana-gujarat/ Thu, 18 Jun 2026 18:06:43 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-sarvodaya-commercial-co-operative-bank-ltd-mehsana-gujarat/ The Reserve Bank of India (RBl) has, by an order dated May 29, 2026, imposed a monetary penalty of ₹20,000/- (Rupees Twenty thousand only) on Sarvodaya Commercial Co-operative Bank Ltd., Mehsana, Gujarat (the bank), for non-compliance with certain directions issued by RBI on ‘Inoperative Accounts / Unclaimed Deposits in Banks – Revised Instructions’. This penalty […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on Navapur Mercantile Co-operative Bank Ltd., Nandurbar, Maharashtra https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-navapur-mercantile-co-operative-bank-ltd-nandurbar-maharashtra/ Thu, 18 Jun 2026 17:05:47 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-navapur-mercantile-co-operative-bank-ltd-nandurbar-maharashtra/ The Reserve Bank of India (RBI) has, by an order dated June 16, 2026, imposed a monetary penalty of ₹10,000/- (Rupees Ten Thousand only) on Navapur Mercantile Co-operative Bank Ltd., Nandurbar, Maharashtra (the bank) for contravention of provisions of Section 35(2) read with Section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on The Chitradurga District Co-operative Central Bank Ltd., Chitradurga, Karnataka https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-the-chitradurga-district-co-operative-central-bank-ltd-chitradurga-karnataka/ Thu, 18 Jun 2026 16:04:25 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-the-chitradurga-district-co-operative-central-bank-ltd-chitradurga-karnataka/ The Reserve Bank of India (RBI) has, by an order dated June 15, 2026, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on The Chitradurga District Co-operative Central Bank Ltd., Chitradurga, Karnataka (the bank) for contravention of provisions of Section 20 read with Section 56 of the Banking Regulation Act, […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on Wardha District Ashirwad Mahila Nagari Sahakari Bank Maryadit, Hinganghat, Maharashtra https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-wardha-district-ashirwad-mahila-nagari-sahakari-bank-maryadit-hinganghat-maharashtra/ Thu, 18 Jun 2026 15:02:28 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-wardha-district-ashirwad-mahila-nagari-sahakari-bank-maryadit-hinganghat-maharashtra/ The Reserve Bank of India (RBl) has, by an order dated June 15, 2026, imposed a monetary penalty of ₹20,000/- (Rupees Twenty Thousand only) on Wardha District Ashirwad Mahila Nagari Sahakari Bank Maryadit, Hinganghat, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Exposure Norms & Statutory/ Other Restrictions – UCBs’. This […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI to conduct 3-day Variable Rate Repo (VRR) auction under LAF on June 19, 2026 https://bestcurrentaffairs.com/rbi-to-conduct-3-day-variable-rate-repo-vrr-auction-under-laf-on-june-19-2026/ Thu, 18 Jun 2026 14:01:48 +0000 https://bestcurrentaffairs.com/rbi-to-conduct-3-day-variable-rate-repo-vrr-auction-under-laf-on-june-19-2026/ On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Friday, June 19, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 3 9:30 AM to 10:00 AM June 22, 2026 (Monday) 2. The […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on The Nasik Road Deolali Vyapari Sahakari Bank Ltd., Nashik https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-the-nasik-road-deolali-vyapari-sahakari-bank-ltd-nashik/ Thu, 18 Jun 2026 13:00:47 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-the-nasik-road-deolali-vyapari-sahakari-bank-ltd-nashik/ The Reserve Bank of India (RBI) has, by an order dated June 12, 2026, imposed a monetary penalty of ₹2,10,000/- (Rupees Two Lakh Ten Thousand only) on The Nasik Road Deolali Vyapari Sahakari Bank Ltd., Nashik (the bank) for non-compliance with certain directions issued by RBI on ‘Loans and Advances to Directors, their Relatives, and […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Foreign Exchange Turnover Data: May 11, 2026 – May 15, 2026 https://bestcurrentaffairs.com/foreign-exchange-turnover-data-may-11-2026-may-15-2026/ Thu, 18 Jun 2026 11:59:44 +0000 https://bestcurrentaffairs.com/foreign-exchange-turnover-data-may-11-2026-may-15-2026/ The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 11, 2026 – May 15, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancellation of […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Foreign Exchange Turnover Data: May 18, 2026 – May 22, 2026 https://bestcurrentaffairs.com/foreign-exchange-turnover-data-may-18-2026-may-22-2026/ Thu, 18 Jun 2026 10:58:42 +0000 https://bestcurrentaffairs.com/foreign-exchange-turnover-data-may-18-2026-may-22-2026/ The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 18, 2026 – May 22, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancellation of […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Foreign Exchange Turnover Data: May 25, 2026 – May 29, 2026 https://bestcurrentaffairs.com/foreign-exchange-turnover-data-may-25-2026-may-29-2026/ Thu, 18 Jun 2026 09:58:02 +0000 https://bestcurrentaffairs.com/foreign-exchange-turnover-data-may-25-2026-may-29-2026/ The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 25, 2026 – May 29, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancellation of […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI cancels the licence of Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak, Karnataka https://bestcurrentaffairs.com/rbi-cancels-the-licence-of-shree-mahalaxmi-urban-co-operative-credit-bank-ltd-gokak-karnataka/ Thu, 18 Jun 2026 07:55:49 +0000 https://bestcurrentaffairs.com/rbi-cancels-the-licence-of-shree-mahalaxmi-urban-co-operative-credit-bank-ltd-gokak-karnataka/ RBI cancels the licence of Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak, Karnataka News Source

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]]> bestcurrentaffairs@gmail.com (Best 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)