BestCurrentAffairs.com https://bestcurrentaffairs.com/ Current Affairs for All-India-Competitive Exams. Wed, 06 May 2026 16:21:37 +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 Reserve Money for the week ended April 30, 2026 https://bestcurrentaffairs.com/reserve-money-for-the-week-ended-april-30-2026/ Wed, 06 May 2026 16:21:37 +0000 https://bestcurrentaffairs.com/reserve-money-for-the-week-ended-april-30-2026/ The Reserve Bank has today released data on Reserve Money for the week ended April 30, 2026. Ajit Prasad           Deputy General Manager (Communications)     Press Release: 2026-2027/212 News Source

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI to conduct 4-day Variable Rate Repo (VRR) auction under LAF on May 07, 2026 https://bestcurrentaffairs.com/rbi-to-conduct-4-day-variable-rate-repo-vrr-auction-under-laf-on-may-07-2026/ Wed, 06 May 2026 14:19:45 +0000 https://bestcurrentaffairs.com/rbi-to-conduct-4-day-variable-rate-repo-vrr-auction-under-laf-on-may-07-2026/ On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Thursday, May 07, 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 May 11, 2026 (Monday) 2. The […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Issuance of Foreign Exchange Management (Authorised Persons) Regulations, 2026 https://bestcurrentaffairs.com/issuance-of-foreign-exchange-management-authorised-persons-regulations-2026/ Wed, 06 May 2026 12:17:48 +0000 https://bestcurrentaffairs.com/issuance-of-foreign-exchange-management-authorised-persons-regulations-2026/ The Reserve Bank of India has issued the Foreign Exchange Management (Authorised Persons) Regulations, 2026. The Regulations aim to rationalise the authorisation and renewal framework for authorised persons and extend the principal-agent model for delivery of foreign exchange facility while maintaining appropriate checks and balances. 2. The Regulations have been issued after examining and suitably […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on May 05, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-may-05-2026/ Wed, 06 May 2026 10:15:47 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-may-05-2026/ (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) 6,68,177.50 5.03 0.01-6.30      I. Call Money 16,761.65 5.17 4.50-5.25      II. Triparty Repo 4,70,329.80 5.03 4.80-5.15      III. Market Repo 1,74,328.55 5.01 0.01-5.70      IV. Repo in Corporate Bond 6,757.50 5.27 5.20-6.30 B. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Prudential Norms on Specified Non-financial Assets (SNFA) Directions https://bestcurrentaffairs.com/prudential-norms-on-specified-non-financial-assets-snfa-directions/ Tue, 05 May 2026 13:54:41 +0000 https://bestcurrentaffairs.com/prudential-norms-on-specified-non-financial-assets-snfa-directions/ Regulated entities (REs) are, in normal course, not expected to come into possession of non-financial assets in lieu of their regular lending operations. However, in exceptional cases, where the exposures become non-performing and legal or contractual remedies have been invoked, REs may, as part of recovery strategy, acquire ownership of an immovable asset furnished as […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on May 04, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-may-04-2026/ Tue, 05 May 2026 05:46:50 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-may-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) 6,79,956.33 5.03 0.01-6.20      I. Call Money 14,949.06 5.17 4.50-5.25      II. Triparty Repo 4,84,941.55 5.03 4.97-5.50      III. Market Repo 1,73,323.22 4.98 0.01-5.25      IV. Repo in Corporate Bond 6,742.50 5.31 5.20-6.20 B. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on Mogaveera Co-operative Bank Ltd., Mumbai https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-mogaveera-co-operative-bank-ltd-mumbai/ Mon, 04 May 2026 22:39:43 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-mogaveera-co-operative-bank-ltd-mumbai/ The Reserve Bank of India (RBI) has, by an order dated April 29, 2026, imposed a monetary penalty of ₹20,000/- (Rupees Twenty Thousand only) on Mogaveera Co-operative Bank Ltd., Mumbai (the bank) for non-compliance with certain directions issued by RBI on ‘Prudential Norms on Capital Adequacy – Primary (Urban) Co-operative Banks (UCBs)’. This penalty has […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI reiterates caution against unauthorised and misleading campaigns promising Loan Waivers https://bestcurrentaffairs.com/rbi-reiterates-caution-against-unauthorised-and-misleading-campaigns-promising-loan-waivers/ Mon, 04 May 2026 19:36:50 +0000 https://bestcurrentaffairs.com/rbi-reiterates-caution-against-unauthorised-and-misleading-campaigns-promising-loan-waivers/ The Reserve Bank of India (RBI) draws attention of the public to Press Release dated December 11, 2023 cautioning members of the public on false and misleading campaigns promising loan waivers. RBI has observed, with serious concern, the continued occurrence of such campaigns, through various media channels and direct outreach, by certain individuals and entities. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on Pandharpur Urban Co-operative Bank Ltd., Pandharpur, Maharashtra https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-pandharpur-urban-co-operative-bank-ltd-pandharpur-maharashtra/ Mon, 04 May 2026 18:35:42 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-pandharpur-urban-co-operative-bank-ltd-pandharpur-maharashtra/ The Reserve Bank of India (RBl) has, by an order dated April 29, 2026, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on Pandharpur Urban Co-operative Bank Ltd., Pandharpur, Maharashtra (the bank), for non-compliance with certain directions issued by RBI on ‘Asset classification and treatment of accounts as Non-Performing Assets’. This penalty […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Shri Rohit Jain takes over as RBI Deputy Governor https://bestcurrentaffairs.com/shri-rohit-jain-takes-over-as-rbi-deputy-governor/ Mon, 04 May 2026 17:34:38 +0000 https://bestcurrentaffairs.com/shri-rohit-jain-takes-over-as-rbi-deputy-governor/ In pursuance of the Government of India notification dated May 02, 2026, Shri Rohit Jain assumed charge as Deputy Governor of Reserve Bank of India today (May 04, 2026) for a period of three years or until further orders, whichever is earlier. Shri Jain was Executive Director of the Reserve Bank before being elevated to […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Portfolios of Deputy Governors https://bestcurrentaffairs.com/portfolios-of-deputy-governors/ Mon, 04 May 2026 15:32:42 +0000 https://bestcurrentaffairs.com/portfolios-of-deputy-governors/ Consequent on the appointment and assumption of charge by Shri Rohit Jain as Deputy Governor, the distribution of portfolios among the Deputy Governors with effect from May 4, 2026 will be the following: Name Departments Shri Swaminathan Janakiraman* 1. Central Security Cell 2. Consumer Education and Protection Department 3. Department of Supervision 4. Deposit Insurance […]

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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 Pusad Urban Co-operative Bank Ltd., Pusad, Maharashtra – Extension of Period https://bestcurrentaffairs.com/directions-under-section-35a-read-with-section-56-of-the-banking-regulation-act-1949-the-pusad-urban-co-operative-bank-ltd-pusad-maharashtra-extension-of-period/ Mon, 04 May 2026 13:30:43 +0000 https://bestcurrentaffairs.com/directions-under-section-35a-read-with-section-56-of-the-banking-regulation-act-1949-the-pusad-urban-co-operative-bank-ltd-pusad-maharashtra-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 The Pusad Urban Co-operative Bank Ltd., Pusad, Dist. Yavatmal, Maharashtra, vide Directive No. NGP.DOS.SSM3.No.S611/5-04-166/2025-2026 dated November 06, 2025, for a period of six months up to the close of business on May 07, […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Processing of Applications Received Under the Citizen’s Charter – Status as on April 30, 2026 https://bestcurrentaffairs.com/processing-of-applications-received-under-the-citizens-charter-status-as-on-april-30-2026/ Mon, 04 May 2026 12:29:48 +0000 https://bestcurrentaffairs.com/processing-of-applications-received-under-the-citizens-charter-status-as-on-april-30-2026/ Processing of Applications Received Under the Citizen’s Charter – Status as on April 30, 2026 News Source

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on May 02, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-may-02-2026/ Mon, 04 May 2026 10:27:43 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-may-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) 21,797.63 4.79 4.00-5.35      I. Call Money 1,810.55 4.92 4.50-5.35      II. Triparty Repo 18,350.70 4.81 4.00-5.15      III. Market Repo 1,636.38 4.39 4.01-5.00      IV. Repo in Corporate Bond 0.00 – – B. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on May 03, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-may-03-2026/ Mon, 04 May 2026 08:25:40 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-may-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) 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 April 30, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-april-30-2026/ Mon, 04 May 2026 05:22:45 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-april-30-2026/ (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) 16,024.80 5.26 4.50-6.00      I. Call Money 1,583.15 5.01 4.50-5.50      II. Triparty Repo 7,955.55 5.30 4.90-5.65      III. Market Repo 0.00 – –      IV. Repo in Corporate Bond 6,486.10 5.26 5.15-6.00 B. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Shri Rohit Jain appointed as Deputy Governor, Reserve Bank of India https://bestcurrentaffairs.com/shri-rohit-jain-appointed-as-deputy-governor-reserve-bank-of-india/ Sat, 02 May 2026 15:45:43 +0000 https://bestcurrentaffairs.com/shri-rohit-jain-appointed-as-deputy-governor-reserve-bank-of-india/ Government of India, vide its notification dated May 02, 2026, and in exercise of the powers conferred by clause (a) of sub-section (1) of section 8 of the Reserve Bank of India Act 1934, read with sub-section (4) of section 8 thereof, has appointed Shri Rohit Jain, Executive Director as Deputy Governor of Reserve Bank […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Monthly Data on India’s International Trade in Services for the Month of March 2026 https://bestcurrentaffairs.com/monthly-data-on-indias-international-trade-in-services-for-the-month-of-march-2026/ Thu, 30 Apr 2026 17:58:39 +0000 https://bestcurrentaffairs.com/monthly-data-on-indias-international-trade-in-services-for-the-month-of-march-2026/ The values of exports and imports of services during March 2026 are presented in the following table. International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) January – 2026 38,165 (9.8) 16,631 (-0.5) February – 2026 34,708 (9.7) 16,865 (16.2) March – 2026 38,208 (7.2) 17,210 (-1.6) Note: (i) Data for January-March are […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Lending and Deposit Rates of Scheduled Commercial Banks – April 2026 https://bestcurrentaffairs.com/lending-and-deposit-rates-of-scheduled-commercial-banks-april-2026/ Thu, 30 Apr 2026 16:57:20 +0000 https://bestcurrentaffairs.com/lending-and-deposit-rates-of-scheduled-commercial-banks-april-2026/ Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of April 2026 are set out in Tables 1 to 9. Highlights: Lending Rates: The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 8.40 per cent in […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Final redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for final redemption of SGB 2018-19 Series-I due on May 04, 2026 https://bestcurrentaffairs.com/final-redemption-under-sovereign-gold-bond-sgb-scheme-redemption-price-for-final-redemption-of-sgb-2018-19-series-i-due-on-may-04-2026/ Thu, 30 Apr 2026 15:55:47 +0000 https://bestcurrentaffairs.com/final-redemption-under-sovereign-gold-bond-sgb-scheme-redemption-price-for-final-redemption-of-sgb-2018-19-series-i-due-on-may-04-2026/ In terms of GOI notification F.No.4(8)-W&M/2018 dated April 13, 2018 (SGB 2018-19 Series-I-Issue date May 04, 2018) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be May […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) 46th Half-Yearly Report on Management of Foreign Exchange Reserves: October 2025 – March 2026 https://bestcurrentaffairs.com/46th-half-yearly-report-on-management-of-foreign-exchange-reserves-october-2025-march-2026/ Thu, 30 Apr 2026 14:54:40 +0000 https://bestcurrentaffairs.com/46th-half-yearly-report-on-management-of-foreign-exchange-reserves-october-2025-march-2026/ It may be recalled that in February 2004, the Reserve Bank initiated the practice of compiling half-yearly reports on the management of foreign exchange reserves and making them public to promote greater transparency and enhance disclosure in the management of the country’s foreign exchange reserves. In this connection, Reserve Bank of India has today released the 46th […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI approves the voluntary amalgamation of The Bhavani Sahakari Bank Ltd., Mumbai (Maharashtra) with TJSB Sahakari Bank Ltd. (Maharashtra) https://bestcurrentaffairs.com/rbi-approves-the-voluntary-amalgamation-of-the-bhavani-sahakari-bank-ltd-mumbai-maharashtra-with-tjsb-sahakari-bank-ltd-maharashtra/ Thu, 30 Apr 2026 12:52:43 +0000 https://bestcurrentaffairs.com/rbi-approves-the-voluntary-amalgamation-of-the-bhavani-sahakari-bank-ltd-mumbai-maharashtra-with-tjsb-sahakari-bank-ltd-maharashtra/ The Reserve Bank of India has sanctioned the Scheme of Amalgamation of The Bhavani Sahakari Bank Ltd., Mumbai (Maharashtra) with TJSB Sahakari Bank Ltd. (Maharashtra). The Scheme has been sanctioned in exercise of the powers conferred under sub-section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. The Scheme will […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Sectoral Deployment of Bank Credit – March 2026 https://bestcurrentaffairs.com/sectoral-deployment-of-bank-credit-march-2026/ Thu, 30 Apr 2026 11:51:38 +0000 https://bestcurrentaffairs.com/sectoral-deployment-of-bank-credit-march-2026/ Data on sectoral deployment of bank credit for the month of March 2026, collected from 41 select scheduled commercial banks (SCBs) which together account for about 95 per cent of the total non-food credit by all SCBs1, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit2 grew by […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Result of Underwriting Auction conducted on April 30, 2026 https://bestcurrentaffairs.com/result-of-underwriting-auction-conducted-on-april-30-2026/ Thu, 30 Apr 2026 06:46:38 +0000 https://bestcurrentaffairs.com/result-of-underwriting-auction-conducted-on-april-30-2026/ In the underwriting auction conducted on April 30, 2026, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates 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) Result of the 4-day Variable Rate Repo (VRR) auction held on April 30, 2026 https://bestcurrentaffairs.com/result-of-the-4-day-variable-rate-repo-vrr-auction-held-on-april-30-2026/ Thu, 30 Apr 2026 05:45:39 +0000 https://bestcurrentaffairs.com/result-of-the-4-day-variable-rate-repo-vrr-auction-held-on-april-30-2026/ Result of the 4-day Variable Rate Repo (VRR) auction held on April 30, 2026 News Source

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