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207 facts

General-knowledge facts linked to current events — organised by topic for quick revision.

Topic All topics Appointments Awards & Honours Bank-Wise Banking & Finance Corporate & Business Current Affairs Defence Economy & Infrastructure Econy & Infrastructure Environment & Science First-In-News Government / Polity International Launches Mou & Collaborations Others (Misc) Science & Technology Sports State Current Affairs Clear filter ×

Banking & Finance

Digital Banking

Maldives Integrates Favara Platform with India's UPI for Seamless Cross-Border Money Transfers

2 Aug 2026

• Central Bank of Maldives: Maldives Monetary Authority (MMA)
• NIPL Parent Organization: National Payments Corporation of India (NPCI)
• Favara Operating Country: Maldives

Insurance

ProTec General Insurance Secures IRDAI Registration as Fourth Insurer of 2026

1 Aug 2026

• SBSR Act Reform: Allows up to 100% FDI in the Indian insurance sector
• IRDAI Chairman: Regulatory head of insurance oversight in India

UPI / NPCI

India and Maldives Launch Live Favara-UPI Cross-Border Payment System

1 Aug 2026

• NIPL: International arm of National Payments Corporation of India (NPCI)
• Favara: Instant Payment System of Maldives
• Maldives Currency: Maldivian Rufiyaa (MVR)

Insurance

IRDAI Grants General Insurance Licence to ProTec General Insurance

31 Jul 2026

• IRDAI Establishment: 1999 (Statutory body under IRDAI Act, 1999)
• IRDAI HQ: Hyderabad, Telangana
• IRDAI Chairman: Debasish Panda

Digital Banking

SBI Card and Google Pay Unveil Co-Branded 'Google Pay Flex SBI Card'

31 Jul 2026

• SBI Card MD & CEO: Abhijit Chakravorty
• SBI Card HQ: Gurugram, Haryana

RBI

RBI Revokes Paytm Payments Bank Licence; Delhi High Court Appoints Official Liquidator

31 Jul 2026

• RBI Legal Provision: Section 22(4) of Banking Regulation Act, 1949 relates to licence cancellation
• Paytm Payments Bank HQ: Noida, Uttar Pradesh

Digital Banking

OmniCard Introduces India's Debut UPI-Powered Flexi Benefits Basket

30 Jul 2026

• Parent Entity: Eroute Technologies Private Limited
• OmniCard Category: PPI (Prepaid Payment Instrument) License holder

UPI / NPCI

Burj Khalifa Becomes First Tourist Attraction in the UAE to Enable Online UPI Payments

30 Jul 2026

• NIPL Headquarters: Mumbai, Maharashtra
• NPCI CEO: Dilip Asbe
• NIPL CEO: Ritesh Shukla

Insurance

LIC Hands Over Record Dividend of ₹12,207.25 Crore to Union Government for FY 2025-26

30 Jul 2026

• LIC Headquarters: Mumbai, Maharashtra
• LIC Founded: 1 September 1956
• LIC CEO & MD: R. Doraiswamy

Banking Affairs

Public Sector Banks Record Benchmark Profit of ₹1.98 Lakh Crore in FY 2025–26

29 Jul 2026

• Capital to Risk-Weighted Assets Ratio (CRAR) assesses a bank's capital relative to its risk exposure to ensure stability.

Banking Affairs

Private Sector Banks Collect Nearly ₹4,949 Crore in Non-Maintenance Penalty Fees

29 Jul 2026

• Minimum Average Balance (MAB) is calculated by summing end-of-day balances over a period and dividing by total calendar days.

Payment Systems

Government Approves Pilot Testing of Plastic ₹10 and ₹20 Notes

29 Jul 2026

• Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) is a wholly-owned currency printing subsidiary of the RBI.

Payment Systems

Viyona Granted BBPS Approval as Customer Operating Unit

25 Jul 2026

• BBPS Managing Entity: NPCI Bharat BillPay Limited (NBBL)
• Rebranded Name of BBPS: Bharat Connect

Banking Affairs

Kerala Bank Introduces 'Gen Z Tech Loan' to Support Student Digital Infrastructure

25 Jul 2026

• Entity Name: Kerala State Cooperative Bank (Kerala Bank)
• Primary Objective: Financial assistance for educational gadget purchases

Capital Markets

Carnelian Asset Management Obtains Regulatory Approval from SEBI for Mutual Fund Operations

24 Jul 2026

• Regulator: Securities and Exchange Board of India (SEBI)
• SEBI Headquarters: Mumbai, Maharashtra

Pension Schemes

PFRDA Opens Continuous 'On-Tap' Registration Window for Pension Fund Managers

22 Jul 2026

• PFRDA Headquarters: New Delhi
• PFRDA regulates National Pension System (NPS) and Unified Pension Scheme (UPS)

Payment Systems

UPI User Base Touches 55.49 Crore as Annual Transactions Exceed Rs 314 Lakh Crore

21 Jul 2026

• NPCI Founder: Reserve Bank of India & Indian Banks' Association
• NPCI Headquarters: Mumbai, Maharashtra
• NPCI Incorporation Year: 2008

RBI

Delhivery Financial Services Granted Type-II NBFC Licence by RBI

18 Jul 2026

• Reserve Bank of India (RBI) established: April 1, 1935
• RBI Headquarters: Mumbai, Maharashtra
• RBI Governor: Shaktikanta Das

Banking Affairs

RBI Directs Regulated Entities to Revise AML and CFT Protocols Following Updated FATF Lists

17 Jul 2026

• FATF Headquarters: Paris, France
• FATF Lists: Black List (High-Risk Jurisdictions Subject to a Call for Action) and Grey List (Jurisdictions Under Increased Monitoring)

RBI

RBI Reports a 4.48% Year-on-Year Increase in the National Financial Inclusion Index for FY26

17 Jul 2026

• First FI Index published: August 2021 (for the period ending March 2021)
• Frequency: Published annually
• Base Year: No base year used

EPFO

IndusInd Bank Integrates with EPFO for Seamless Provident Fund Contributions

17 Jul 2026

• IndusInd Bank Headquarters: Mumbai, Maharashtra
• IndusInd Bank MD & CEO: Rajiv Anand
• IndusInd Bank Founded: April 1994

RBI

Reserve Bank of India Issues Directives to Regulated Entities on Revised FATF Monitoring Lists

17 Jul 2026

• Financial Action Task Force Headquarters: Paris, France
• FATF maintains two lists: Black List (High-Risk Jurisdictions) and Grey List (Jurisdictions Under Increased Monitoring)

Financial Inclusion

Reserve Bank of India Reports 4.48 Percent Rise in Financial Inclusion Index

17 Jul 2026

• Three core dimensions of FI Index: Access (35% weight), Usage (45% weight), and Quality (20% weight)
• First FI Index publication: August 2021

NABARD

NABARD Unveils 'Gramodyam' Rural Entrepreneurship Initiative on 45th Foundation Day

15 Jul 2026

• National Bank for Agriculture and Rural Development (NABARD) was established on 12 July 1982.
• The headquarters of NABARD is located in Mumbai, Maharashtra.
• The current Chairman of NABARD is Dr. Shaji K. V.
• NABARD operates under the jurisdiction of the Ministry of Finance, Government of India.

Capital Markets

Power Finance Corporation Secures $300 Million via Floating Rate Notes

11 Jul 2026

• Power Finance Corporation (PFC) is a Maharatna Central Public Sector Enterprise.
• PFC is under the administrative control of the Ministry of Power, Government of India.
• GIFT City is located in Gandhinagar, Gujarat.

Insurance

Aviva Set to Become India’s First Foreign Insurer to Acquire 100% Ownership

10 Jul 2026

• Indian Joint Venture Partner: Dabur Invest Corp
• Previous FDI Limit in Insurance Sector: 74%
• Current FDI Limit in Insurance Sector: 100%

RBI

RBI Announces Key Enhancements to Integrated Ombudsman Scheme (RB-IOS) 2026

9 Jul 2026

• Effective Date of Revisions: July 1, 2026
• Ombudsman Appointment Term: 3 Years

Banking Affairs

RBI Approves N S Vishwanathan's Re-appointment as Axis Bank Non-Executive Chairman

8 Jul 2026

• Axis Bank Headquarters: Mumbai, Maharashtra
• Axis Bank MD & CEO: Amitabh Chaudhry
• Axis Bank Founded: 3 December 1993 (formerly UTI Bank)

UPI / NPCI

Dilip Asbe Inducted into SWIFT Global Supervisory Board

6 Jul 2026

• SWIFT stands for Society for Worldwide Interbank Financial Telecommunication
• Established in 1973
• Headquartered in La Hulpe, Belgium
• SWIFT Code has 8 or 11 characters: First 4 represent Bank Code, Next 2 represent Country Code, Next 2 represent Location Code, and Last 3 (Optional) represent Branch Code

SEBI

SEBI Constitutes Expert Panel Led by Ananta Barua to Overhaul Debenture Trustee Norms

4 Jul 2026

• SEBI Headquarters: Mumbai, Maharashtra
• SEBI Establishment Year: 12 April 1988 (Statutory status in 1992)

Payment Systems

HiWiPay Secures In-Principle Approval from IFSCA for Payment Services at GIFT City

2 Jul 2026

• GIFT City is situated in Gandhinagar, Gujarat, as India's first operational smart city and international financial services centre.

Capital Markets

IFSCA Initiates 'One KYC' Single-Registration Framework for GIFT IFSC

2 Jul 2026

• IFSCA Headquarters: Gandhinagar, Gujarat.
• IFSCA was established in April 2020 under the International Financial Services Centres Authority Act, 2019.

Insurance

IRDAI Approves Prudential HCL Health Insurance as Standalone Health Insurer

2 Jul 2026

• IRDAI Headquarters: Hyderabad, Telangana.
• IRDAI was established in 1999 following the recommendations of the Malhotra Committee.

UPI / NPCI

UPI Transactions Dip Slightly in June 2026 to 28.92 Lakh Crore Rupees

2 Jul 2026

• National Payments Corporation of India (NPCI) was incorporated in December 2008.
• UPI was launched by NPCI in April 2016.

RBI

Reserve Bank of India Names Ravi Shankar as New Executive Director

2 Jul 2026

• The Reserve Bank of India (RBI) was established on April 1, 1935, under the RBI Act of 1934.
• The headquarters of the Reserve Bank of India is in Mumbai.

Digital Banking

Paisabazaar Partners SBM Bank India to Launch Paisa+ Secured Credit Card

1 Jul 2026

• SBM Bank India is a step-down subsidiary of SBM Holdings, headquartered in Mauritius.
• SBM Bank India HQ: Mumbai, Maharashtra

UPI / NPCI

India's UPI Extends Digital Footprint to Greece

1 Jul 2026

• NPCI International Payments Limited (NIPL) is the international arm of National Payments Corporation of India (NPCI).
• Greece Capital: Athens
• Greece Currency: Euro
• Eurobank HQ: Athens, Greece

UPI / NPCI

Fintech Platform jUMPP Secures NPCI License as Third Party Application Provider

30 Jun 2026

• NPCI Founded: 2008
• NPCI MD & CEO: Dilip Asbe
• TPAP: Third Party Application Provider

Capital Markets

LEXI Money IFSC Obtains In-Principle Nod from IFSCA for Cross-Border Payment Services

27 Jun 2026

• International Financial Services Centres Authority (IFSCA) Established: April 2020, under the IFSCA Act, 2019
• IFSCA Headquarters: Gandhinagar, Gujarat
• GIFT City: Gujarat International Finance Tec-City

UPI / NPCI

Fintech Platform jUMPP Obtains NPCI License to Operate as UPI Third-Party Application Provider

27 Jun 2026

• National Payments Corporation of India (NPCI) Founded: 2008
• NPCI Headquarters: Mumbai, Maharashtra
• Yes Bank Headquarters: Mumbai, Maharashtra

Showing 41–80 of 207 results