BestCurrentAffairs.com https://bestcurrentaffairs.com/ Current Affairs for All-India-Competitive Exams. Tue, 16 Jun 2026 06:05:53 +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 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) RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on June 15, 2026 https://bestcurrentaffairs.com/rbi-to-conduct-overnight-variable-rate-repo-vrr-auction-under-laf-on-june-15-2026/ Fri, 12 Jun 2026 17:42:47 +0000 https://bestcurrentaffairs.com/rbi-to-conduct-overnight-variable-rate-repo-vrr-auction-under-laf-on-june-15-2026/ On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Monday, June 15, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 9:30 AM to 10:00 AM June 16, 2026 (Tuesday) 2. The […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 – Mogaveera Co-operative Bank Ltd., Bombay https://bestcurrentaffairs.com/directions-under-section-35-a-read-with-section-56-of-the-banking-regulation-act-1949-mogaveera-co-operative-bank-ltd-bombay/ Fri, 12 Jun 2026 16:41:14 +0000 https://bestcurrentaffairs.com/directions-under-section-35-a-read-with-section-56-of-the-banking-regulation-act-1949-mogaveera-co-operative-bank-ltd-bombay/ It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.1887/12-22-144/2026-2027 dated June 11, 2026, has issued certain Directions to […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) RBI imposes monetary penalty on IIFL Samasta Finance Limited https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-iifl-samasta-finance-limited/ Fri, 12 Jun 2026 12:37:02 +0000 https://bestcurrentaffairs.com/rbi-imposes-monetary-penalty-on-iifl-samasta-finance-limited/ The Reserve Bank of India (RBI) has, by an order dated June 5, 2026, imposed a monetary penalty of ₹3.90 lakh (Rupees Three Lakh Ninety Thousand only) on IIFL Samasta Finance Limited (the company) for non-compliance with certain provisions of ‘Reserve Bank of India (Know Your Customer (KYC)) Directions’ and ‘Reserve Bank of India (Fraud […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on June 11, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-june-11-2026/ Fri, 12 Jun 2026 10:34:44 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-june-11-2026/ (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) 7,23,737.09 5.14 1.00-5.40      I. Call Money 16,981.69 5.27 4.60-5.40      II. Triparty Repo 5,15,214.50 5.13 4.56-5.20      III. Market Repo 1,84,830.60 5.16 1.00-5.35      IV. Repo in Corporate Bond 6,710.30 5.28 5.25-5.40 B. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Result of Underwriting Auction conducted on June 12, 2026 https://bestcurrentaffairs.com/result-of-underwriting-auction-conducted-on-june-12-2026/ Fri, 12 Jun 2026 07:31:38 +0000 https://bestcurrentaffairs.com/result-of-underwriting-auction-conducted-on-june-12-2026/ In the underwriting auction conducted on June 12, 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) Shri Sanjay Lohiya, Secretary, Department of Financial Services, nominated on RBI Central Board https://bestcurrentaffairs.com/shri-sanjay-lohiya-secretary-department-of-financial-services-nominated-on-rbi-central-board/ Thu, 11 Jun 2026 15:15:43 +0000 https://bestcurrentaffairs.com/shri-sanjay-lohiya-secretary-department-of-financial-services-nominated-on-rbi-central-board/ The Central Government has nominated Shri Sanjay Lohiya, Secretary, Department of Financial Services, Ministry of Finance, Government of India as a Director on the Central Board of Reserve Bank of India vice Shri Nagaraju Maddirala. The nomination of Shri Sanjay Lohiya is effective from June 11, 2026 and until further orders. (Brij Raj)            Chief General […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Money Market Operations as on June 10, 2026 https://bestcurrentaffairs.com/money-market-operations-as-on-june-10-2026/ Thu, 11 Jun 2026 11:11:44 +0000 https://bestcurrentaffairs.com/money-market-operations-as-on-june-10-2026/ (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) 7,19,127.92 5.18 4.00-5.50      I. Call Money 18,967.63 5.28 4.60-5.40      II. Triparty Repo 5,17,947.65 5.18 5.10-5.35      III. Market Repo 1,75,986.34 5.17 4.00-5.35      IV. Repo in Corporate Bond 6,226.30 5.28 5.25-5.50 B. […]

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Underwriting Auction for sale of Government Securities for ₹32,000 crore on June 12, 2026 https://bestcurrentaffairs.com/underwriting-auction-for-sale-of-government-securities-for-32000-crore-on-june-12-2026/ Thu, 11 Jun 2026 09:09:44 +0000 https://bestcurrentaffairs.com/underwriting-auction-for-sale-of-government-securities-for-32000-crore-on-june-12-2026/ Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auction to be held on June 12, 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) RBI releases data on ECB / FCCB / RDB for April 2026 https://bestcurrentaffairs.com/rbi-releases-data-on-ecb-fccb-rdb-for-april-2026/ Thu, 11 Jun 2026 07:07:45 +0000 https://bestcurrentaffairs.com/rbi-releases-data-on-ecb-fccb-rdb-for-april-2026/ The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of April 2026. Ajit Prasad           Deputy General Manager (Communications)     Press Release: 2026-2027/437 News Source

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]]> bestcurrentaffairs@gmail.com (Best Current Affairs) Scheduled Banks’ Statement of Position in India as on May 31, 2026 https://bestcurrentaffairs.com/scheduled-banks-statement-of-position-in-india-as-on-may-31-2026/ Thu, 11 Jun 2026 06:06:43 +0000 https://bestcurrentaffairs.com/scheduled-banks-statement-of-position-in-india-as-on-may-31-2026/ (Amount in ₹ crore)   SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 30-May-2025# 15-May-2026 31-May-2026 30-May-2025# 15-May-2026 31-May-2026 I  LIABILITIES TO THE BKG.SYSTEM (A)               a) Demand & Time deposits from banks 365140.08 392536.87 392220.01 370936.07 400955.54 400354.52**   b) Borrowings from banks 110552.25 77331.24 […]

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