BestCurrentAffairs.com https://bestcurrentaffairs.com/ Current Affairs for All-India-Competitive Exams. Tue, 25 Aug 2026 13:50:31 +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 RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 27, 2026 https://bestcurrentaffairs.com/rbi-to-conduct-overnight-variable-rate-reverse-repo-vrrr-auction-under-laf-on-august-27-2026/ Tue, 25 Aug 2026 13:50:31 +0000 https://bestcurrentaffairs.com/rbi-to-conduct-overnight-variable-rate-reverse-repo-vrrr-auction-under-laf-on-august-27-2026/ On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Thursday, August 27, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,00,000 1 9:30 AM to 10:00 AM August 28, 2026 (Friday) 2. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI Bulletin – August 2026 https://bestcurrentaffairs.com/rbi-bulletin-august-2026/ Tue, 25 Aug 2026 12:48:45 +0000 https://bestcurrentaffairs.com/rbi-bulletin-august-2026/ Today, the Reserve Bank released the August 2026 issue of its monthly Bulletin. The Bulletin includes bi-monthly monetary policy statement (August 03-05, 2026), six speeches, one article and current statistics. The article is on the State of the Economy. State of the Economy The global economy is confronting a fragile geopolitical environment and continuing trade-related […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Result of the 2-day Variable Rate Reverse Repo (VRRR) auction held on August 25, 2026 https://bestcurrentaffairs.com/result-of-the-2-day-variable-rate-reverse-repo-vrrr-auction-held-on-august-25-2026/ Tue, 25 Aug 2026 05:41:41 +0000 https://bestcurrentaffairs.com/result-of-the-2-day-variable-rate-reverse-repo-vrrr-auction-held-on-august-25-2026/ Tenor 2-day Notified Amount (in ₹ crore) 1,75,000 Total amount of offers received (in ₹ crore) 98,516 Amount accepted (in ₹ crore) 98,516 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate N.A. Ajit Prasad           Deputy General Manager (Communications)     Press Release: 2026-2027/963 News Source

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on August 24, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-august-24-2026/ Tue, 25 Aug 2026 03:36:41 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-august-24-2026/ (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) 6,88,005.70 5.01 2.00-6.40      I. Call Money 17,145.82 5.19 4.60-5.25      II. Triparty Repo 4,80,936.65 5.02 4.80-5.15      III. Market Repo 1,82,624.58 4.96 2.00-5.40      IV. Repo in Corporate Bond 7,298.65 5.30 5.24-6.40 B. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on Shri Vijay Mahantesh Co-operative Bank Limited, Hungund, Karnataka https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-shri-vijay-mahantesh-co-operative-bank-limited-hungund-karnataka/ Mon, 24 Aug 2026 17:26:51 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-shri-vijay-mahantesh-co-operative-bank-limited-hungund-karnataka/ The Reserve Bank of India (RBI) has, by an order dated August 20, 2026, imposed a monetary penalty of ₹2.50 lakh (Rupees Two lakh Fifty thousand only) on Shri Vijay Mahantesh Co-operative Bank Limited, Hungund, Karnataka (the bank) for non-compliance with certain directions issued by RBI on ‘Income Recognition, Asset Classification, Provisioning and Other Related […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on The Pragathi Co-operative Bank Limited, Karnataka https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-the-pragathi-co-operative-bank-limited-karnataka/ Mon, 24 Aug 2026 16:25:48 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-the-pragathi-co-operative-bank-limited-karnataka/ The Reserve Bank of India (RBI) has, by an order dated August 20, 2026, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Pragathi Co-operative Bank Limited, Karnataka (the bank) for contravention of provisions of section 20 read with section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on Vikas Souharda Co-operative Bank Limited, Hosapete, Karnataka https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-vikas-souharda-co-operative-bank-limited-hosapete-karnataka/ Mon, 24 Aug 2026 15:24:48 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-vikas-souharda-co-operative-bank-limited-hosapete-karnataka/ The Reserve Bank of India (RBI) has, by an order dated August 20, 2026, imposed a monetary penalty of ₹1 lakh (Rupees One lakh only) on Vikas Souharda Co-operative Bank Limited, Hosapete, Karnataka (the bank) for non-compliance with certain directions issued by RBI on ‘Income Recognition, Asset Classification, Provisioning and Other Related Matters – UCBs’. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI to conduct 2-day Variable Rate Reverse Repo (VRRR) auction under LAF on August 25, 2026 https://bestcurrentaffairs.com/rbi-to-conduct-2-day-variable-rate-reverse-repo-vrrr-auction-under-laf-on-august-25-2026/ Mon, 24 Aug 2026 14:23:44 +0000 https://bestcurrentaffairs.com/rbi-to-conduct-2-day-variable-rate-reverse-repo-vrrr-auction-under-laf-on-august-25-2026/ On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Tuesday, August 25, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,75,000 2 09:30 AM to 10:00 AM August 27, 2026 (Thursday) 2. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Appointment of Shri Janmejaya Kumar Sinha, Shri Syed Akbaruddin and Ms. Annie George Mathew as part-time, Non-official Directors on the Central Board of Reserve Bank of India https://bestcurrentaffairs.com/appointment-of-shri-janmejaya-kumar-sinha-shri-syed-akbaruddin-and-ms-annie-george-mathew-as-part-time-non-official-directors-on-the-central-board-of-reserve-bank-of-india/ Mon, 24 Aug 2026 13:22:42 +0000 https://bestcurrentaffairs.com/appointment-of-shri-janmejaya-kumar-sinha-shri-syed-akbaruddin-and-ms-annie-george-mathew-as-part-time-non-official-directors-on-the-central-board-of-reserve-bank-of-india/ The Central Government has appointed Shri Janmejaya Kumar Sinha, Shri Syed Akbaruddin and Ms. Annie George Mathew as part-time, Non-official Directors on the Central Board of Reserve Bank of India for a period of four years with effect from August 24, 2026 or until further orders, whichever is earlier. (Brij Raj)            Chief General Manager Press […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) All-India House Price Index for Q1:2026-27 https://bestcurrentaffairs.com/all-india-house-price-index-for-q12026-27/ Mon, 24 Aug 2026 12:21:42 +0000 https://bestcurrentaffairs.com/all-india-house-price-index-for-q12026-27/ The Reserve Bank of India (RBI) compiles the House Price Index (HPI) on a quarterly basis using transaction-level data received from the registration authorities. Today, the RBI released Real Sector > Prices & Wages.”>1 the HPI for Q1:2026-27 with base year as 2022-23, covering eighteen major cities2. Highlights: The All India HPI increased by 1.1 […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on August 24, 2026 https://bestcurrentaffairs.com/result-of-the-overnight-variable-rate-reverse-repo-vrrr-auction-held-on-august-24-2026/ Mon, 24 Aug 2026 09:18:40 +0000 https://bestcurrentaffairs.com/result-of-the-overnight-variable-rate-reverse-repo-vrrr-auction-held-on-august-24-2026/ Tenor 1-day Notified Amount (in ₹ crore) 1,50,000 Total amount of offers received (in ₹ crore) 49,206 Amount accepted (in ₹ crore) 49,206 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate N.A. Ajit Prasad           Deputy General Manager (Communications)     Press Release: 2026-2027/952 News Source

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on August 22, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-august-22-2026/ Mon, 24 Aug 2026 08:17:53 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-august-22-2026/ (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 August 23, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-august-23-2026/ Mon, 24 Aug 2026 07:16:47 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-august-23-2026/ (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) Result of the 7-day Variable Rate Reverse Repo (VRRR) auction held on August 24, 2026 https://bestcurrentaffairs.com/result-of-the-7-day-variable-rate-reverse-repo-vrrr-auction-held-on-august-24-2026/ Mon, 24 Aug 2026 06:15:46 +0000 https://bestcurrentaffairs.com/result-of-the-7-day-variable-rate-reverse-repo-vrrr-auction-held-on-august-24-2026/ Tenor 7-day Notified Amount (in ₹ crore) 2,50,000 Total amount of offers received (in ₹ crore) 91,980 Amount accepted (in ₹ crore) 91,980 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad           Deputy General Manager (Communications)     Press Release: 2026-2027/950 News Source

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 24, 2026 https://bestcurrentaffairs.com/rbi-to-conduct-overnight-variable-rate-reverse-repo-vrrr-auction-under-laf-on-august-24-2026/ Mon, 24 Aug 2026 05:14:43 +0000 https://bestcurrentaffairs.com/rbi-to-conduct-overnight-variable-rate-reverse-repo-vrrr-auction-under-laf-on-august-24-2026/ On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on Monday, August 24, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,50,000 1 11:00 AM to 11:30 AM August 25, 2026 (Tuesday) […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on August 21, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-august-21-2026/ Mon, 24 Aug 2026 04:13:26 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-august-21-2026/ (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) 6,56,859.58 5.05 0.01-5.45      I. Call Money 13,284.41 5.19 4.00-5.25      II. Triparty Repo 4,52,790.20 5.07 4.50-5.17      III. Market Repo 1,83,576.32 4.97 0.01-5.30      IV. Repo in Corporate Bond 7,208.65 5.30 5.25-5.45 B. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Data on Forex inflows via FCNR(B) Deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) under Reserve Bank’s Swap facility https://bestcurrentaffairs.com/data-on-forex-inflows-via-fcnrb-deposits-external-commercial-borrowings-ecbs-and-overseas-foreign-currency-borrowings-ofcbs-under-reserve-banks-swap-facility/ Sat, 22 Aug 2026 09:30:43 +0000 https://bestcurrentaffairs.com/data-on-forex-inflows-via-fcnrb-deposits-external-commercial-borrowings-ecbs-and-overseas-foreign-currency-borrowings-ofcbs-under-reserve-banks-swap-facility/ RBI had introduced a special USD-INR Forex Swap facility covering FCNR(B) deposits, ECB and OFCB inflows on June 08, 2026. As already announced vide Press Release dated August 14, 2026, the Scheme is open till August 31, 2026 for FCNR(B) deposits, and upto December 31, 2026 for ECBs and OFCBs. The position of forex inflows as reported by Authorised Dealer Banks […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI to conduct 7-day Variable Rate Reverse Repo (VRRR) auction under LAF on August 24, 2026 https://bestcurrentaffairs.com/rbi-to-conduct-7-day-variable-rate-reverse-repo-vrrr-auction-under-laf-on-august-24-2026/ Fri, 21 Aug 2026 14:11:41 +0000 https://bestcurrentaffairs.com/rbi-to-conduct-7-day-variable-rate-reverse-repo-vrrr-auction-under-laf-on-august-24-2026/ On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Monday, August 24, 2026, as under: Sl. No. Notified Amount(₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,50,000 7 09:30 AM to 10:00 AM August 31, 2026 (Monday) 2. The […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on Shri Ram Finance Corporation Private Limited https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-shri-ram-finance-corporation-private-limited/ Fri, 21 Aug 2026 13:10:40 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-shri-ram-finance-corporation-private-limited/ The Reserve Bank of India (RBI) has, by an order dated August 19, 2026, imposed a monetary penalty of ₹8.10 lakh (Rupees Eight Lakh Ten Thousand only) on Shri Ram Finance Corporation Private Limited (the company) for non-compliance with certain provisions of the directions issued by RBI on ‘Governance’ and the ‘Reserve Bank of India […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on Progfin Private Limited https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-progfin-private-limited/ Fri, 21 Aug 2026 12:09:44 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-progfin-private-limited/ The Reserve Bank of India (RBI) has, by an order dated August 19, 2026, imposed a monetary penalty of ₹2.70 lakh (Rupees Two lakh seventy thousand only) on Progfin Private Limited (the company) for non-compliance with certain provisions of the ‘Reserve Bank of India (Know Your Customer (KYC)) Directions’. This penalty has been imposed in […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) 624<sup>th</sup> Meeting of Central Board of the Reserve Bank of India https://bestcurrentaffairs.com/624supth-sup-meeting-of-central-board-of-the-reserve-bank-of-india/ Fri, 21 Aug 2026 10:07:44 +0000 https://bestcurrentaffairs.com/624supth-sup-meeting-of-central-board-of-the-reserve-bank-of-india/ The 624th meeting of the Central Board of Directors of Reserve Bank of India was held today in Chennai under the Chairmanship of Shri Sanjay Malhotra, Governor. The Board in its meeting reviewed the current economic situation, global and domestic challenges including risks to the economic outlook. The Board also reviewed various areas of operations […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Result of Underwriting Auction conducted on August 21, 2026 https://bestcurrentaffairs.com/result-of-underwriting-auction-conducted-on-august-21-2026/ Fri, 21 Aug 2026 07:04:43 +0000 https://bestcurrentaffairs.com/result-of-underwriting-auction-conducted-on-august-21-2026/ In the underwriting auction conducted on August 21, 2026, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, 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) Sovereign Gold Bond (SGB) Scheme Calendar for premature redemption during October 2026 – March 2027 https://bestcurrentaffairs.com/sovereign-gold-bond-sgb-scheme-calendar-for-premature-redemption-during-october-2026-march-2027/ Fri, 21 Aug 2026 06:03:44 +0000 https://bestcurrentaffairs.com/sovereign-gold-bond-sgb-scheme-calendar-for-premature-redemption-during-october-2026-march-2027/ In terms of Para 13 of the Consolidated Procedural Guidelines on the Sovereign Gold Bond (SGB) Scheme issued by the Reserve Bank of India vide circular IDMD.CDD.1100/14.04.050/2021-22 dated October 22, 2021, premature redemption of the gold bonds is permitted after five years from the date of issue of such bonds. 2. Accordingly, the details of […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Result of the 3-day Variable Rate Reverse Repo (VRRR) auction held on August 21, 2026 https://bestcurrentaffairs.com/result-of-the-3-day-variable-rate-reverse-repo-vrrr-auction-held-on-august-21-2026/ Fri, 21 Aug 2026 05:02:42 +0000 https://bestcurrentaffairs.com/result-of-the-3-day-variable-rate-reverse-repo-vrrr-auction-held-on-august-21-2026/ Tenor 3-day Notified Amount (in ₹ crore) 1,50,000 Total amount of offers received (in ₹ crore) 95,970 Amount accepted (in ₹ crore) 95,970 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad           Deputy General Manager (Communications)     Press Release: 2026-2027/937 News Source

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on August 20, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-august-20-2026/ Fri, 21 Aug 2026 04:01:44 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-august-20-2026/ (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) 6,43,139.41 5.05 2.45-5.65      I. Call Money 15,676.67 5.16 4.60-5.20      II. Triparty Repo 4,41,475.00 5.05 4.90-5.32      III. Market Repo 1,79,010.04 5.01 2.45-5.65      IV. Repo in Corporate Bond 6,977.70 5.28 5.20-5.40 B. […]

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