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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

RBI

RBI Proposes Expanded Term Money Market Access for NBFCs and AIFIs in Draft Directions

27 Jun 2026

• Establishment of RBI: 1 April 1935, under RBI Act 1934
• Headquarters of RBI: Mumbai, Maharashtra
• Term Money Market: Segment of money market where unsecured funds are lent/borrowed for a duration exceeding 14 days and up to 1 year

Payment Systems

Bengaluru-based Fintech Skydo Receives Foreign Payment License in Canada

24 Jun 2026

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

Capital Markets

Power Finance Corporation Raises $300 Million Through Dollar Bonds

24 Jun 2026

• Power Finance Corporation (PFC) Headquarters: New Delhi
• PFC Chairperson & MD: Parminder Chopra
• Status: Maharatna PSU under Ministry of Power
• Established: July 1986

RBI

Reserve Bank of India Imposes Regulatory Restrictions on Mogaveera Co-operative Bank

13 Jun 2026

• RBI Headquarters: Mumbai
• RBI Governor: Shaktikanta Das
• DICGC Established: 1978 (under the DICGC Act, 1961)

Digital Banking

RBI Designates Sahamati Foundation as Self-Regulatory Organisation for India's Account Aggregator Network

12 Jun 2026

• Section 8 of the Companies Act, 2013 governs non-profit organisations.
• Account Aggregators are RBI-regulated entities that facilitate consent-based financial information sharing.

Banking Affairs

RBI Designates Sahamati Foundation as Self-Regulatory Organization for Account Aggregator Network

10 Jun 2026

• Sahamati Foundation HQ: Bengaluru, Karnataka
• SRO stands for Self-Regulatory Organization
• FIP stands for Financial Information Provider
• FIU stands for Financial Information User

RBI

Reserve Bank of India Activates Twin USD-INR Forex Swap Mechanisms to Enhance Foreign Reserves

10 Jun 2026

• FCNR(B) stands for Foreign Currency Non-Resident (Bank) Deposits
• ECB stands for External Commercial Borrowings
• RBI Headquarters: Mumbai, Maharashtra
• RBI was established in 1935 under the Reserve Bank of India Act, 1934

Banking Affairs

Bandhan Bank Collaborates with Centrum Finverse to Deliver Integrated 3-in-1 Accounts

10 Jun 2026

• Bandhan Bank Founded: 23 August 2015
• Bandhan Bank Headquarters: Kolkata, West Bengal
• Bandhan Bank Tagline: Aapka Bhala, Sabki Bhalai

Pension Schemes

PFRDA Unveils Regulatory Sandbox Framework for Pension Innovation

8 Jun 2026

• PFRDA was established under the PFRDA Act, 2013
• HQ of PFRDA is in New Delhi
• Deepak Mohanty serves as the Chairman of PFRDA

RBI

RBI Reports 23.5% Decline in Currency Printing Costs for FY26

8 Jun 2026

• The Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) manages presses in Salboni (West Bengal) and Mysuru (Karnataka)
• Security Printing and Minting Corporation of India Limited (SPMCIL) operates presses in Nashik and Dewas

Pension Schemes

PFRDA Operationalizes STaR NPS for Simplified Digital Onboarding

8 Jun 2026

• PFRDA Headquarters: New Delhi
• PFRDA Chairperson: Deepak Mohanty
• BSE Technologies Private Limited: Subsidiary of Bombay Stock Exchange (BSE)

Monetary Policy

RBI Maintains Policy Repo Rate at 5.25% in its 61st MPC Meeting

6 Jun 2026

• RBI Governor: Sanjay Malhotra
• Headquarters of RBI: Mumbai
• First Governor of RBI: Sir Osborne Smith

RBI

RBI Exempts Specific FCNR (B) Deposits from CRR and SLR Maintenance Requirements

5 Jun 2026

• CRR (Cash Reserve Ratio) Definition: The share of Net Demand and Time Liabilities (NDTL) that banks must maintain with the RBI as cash.
• SLR (Statutory Liquidity Ratio) Definition: The share of NDTL that banks must maintain in safe liquid assets like government securities.

Pension Schemes

PFRDA Unveils 'StAR NPS' Platform to Simplify Subscriber Onboarding Process

5 Jun 2026

• PFRDA Headquarters: New Delhi
• PFRDA Chairman: Deepak Mohanty

Banking Affairs

₹500 Notes Dominate Indian Currency System, Contributing Over 85% of Total Value in FY26

5 Jun 2026

• Security Printing & Minting Corporation of India Limited (SPMCIL) HQ: New Delhi

RBI

RBI Proposes 1-Hour Delay on Digital Transactions Above ₹10,000 to Fight Frauds

5 Jun 2026

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

Banking Affairs

ADB and Standard Chartered Sign Trade and Supply Chain Finance Agreement via GIFT City

5 Jun 2026

• ADB Headquarters: Manila, Philippines
• ADB President: Masato Kanda
• ADB Formation Year: 19 December 1966
• GIFT City Location: Gandhinagar, Gujarat

Capital Markets

IEPFA and SEBI Collaborate to Host Investor Awareness Program in Bhopal

4 Jun 2026

• IEPFA: Investor Education and Protection Fund Authority (established under Ministry of Corporate Affairs)
• SEBI Chairman: Madhabi Puri Buch (established in 1988, statutory status in 1992)

Banking Affairs

Indian Overseas Bank Secures IFSCA Licence for GIFT City Branch

3 Jun 2026

• International Financial Services Centres Authority (IFSCA) was established on April 27, 2020.
• The headquarters of IFSCA is located at GIFT City, Gandhinagar, Gujarat.
• Indian Overseas Bank (IOB) is a major public sector bank headquartered in Chennai, India.

UPI / NPCI

UPI Services Go Live in Cambodia for Indian Travellers via KHQR Codes

3 Jun 2026

• NIPL is the international arm of the National Payments Corporation of India (NPCI).
• Bakong is the national QR code system of Cambodia.
• ACLEDA Bank Plc is a major commercial bank in Cambodia.

Capital Markets

MCA Permits Use of CSR Funds in Social Stock Exchange Zero Coupon Zero Principal Instruments

30 May 2026

• Companies Act, 2013 Section for CSR: Section 135
• Social Stock Exchange (SSE) Regulator: Securities and Exchange Board of India (SEBI)
• ZCZP Definition: Zero Coupon Zero Principal instruments represent non-interest-bearing philanthropic investments with no principal repayment

Payment Systems

MobiKwik gets in-principle RBI nod for Offline Payment Aggregator license

28 May 2026

• MobiKwik Founders: Bipin Preet Singh, Upasana Taku
• RBI Governor: Shaktikanta Das

RBI

RBI Sets Up Q-SAFE Expert Committee to Evaluate Quantum Computing in Banking Sector

27 May 2026

• IIT Madras Location: Chennai, Tamil Nadu
• RBI Established: 1 April 1935

Digital Banking

Eurobank Enters India; Cyprus and Greece to Initiate Cross-Border UPI Remittances

27 May 2026

• NPCI Founded: 2008
• Eurobank Total Assets: ~110 billion Euros
• NPCI MD & CEO: Dilip Asbe

Pension Schemes

PFRDA Unveils RIS Steady and Flexible Drawdown Options to Manage Post-Retirement Cashflows

27 May 2026

• PFRDA Established: 2003 (Statutory status via PFRDA Act, 2013)
• PFRDA Headquarters: New Delhi
• PFRDA Chairman: Sivasubramanian Ramann
• Parent Ministry: Ministry of Finance

RBI

India's Outward Remittances Drop to $28.9 Billion in FY26 Amid Global Uncertainties

27 May 2026

• LRS Launch Year: 2004
• LRS Limits: USD 250,000 per financial year for resident individuals
• RBI Headquarters: Mumbai, Maharashtra
• RBI Established: 1 April 1935

Digital Banking

Quantum Threats in Banking: RBI Sets Up Q-SAFE Committee for Cybersecurity Roadmapping

27 May 2026

• Q-SAFE full form: Quantum Secure and Adaptive Financial Ecosystem
• Convener of Q-SAFE: Prof. Anil Prabhakar (IIT Madras)
• Submission deadline of the committee: Within 6 months of its first meeting

RBI

RBI Restructures Co-operative Bank Boards with Mandatory Three-Year Cooling-Off Period

27 May 2026

• Reserve Bank of India Governor: Shaktikanta Das
• RBI Headquarters: Mumbai, Maharashtra
• Banking Regulation Act Year: 1949

Banking Affairs

AIIB Rolls Out 10 Billion Dollar Financial Facility to Cushion Conflict-Impacted Member States

26 May 2026

• AIIB Headquarters: Beijing, China
• AIIB Commenced Operations: 25 December 2015
• Current AIIB President: Zou Jiayi
• AIIB Major Shareholders: China (26.54%), India (7.58%), Russia (5.9%)

RBI

Reserve Bank of India Approves Unprecedented 2.87 Lakh Crore Dividend to Central Government

26 May 2026

• Bimal Jalan Committee: Recommended the Economic Capital Framework range of 4.5 percent to 7.5 percent for the Contingent Risk Buffer.
• Section 47 of the RBI Act, 1934: Mandates the transfer of surplus profits from the RBI to the Central Government.

RBI

RBI Toughens Loan Recovery Regulations with Device Lock and Communication Restrictions

26 May 2026

• IIBF: Indian Institute of Banking and Finance
• RBI Governor: Shaktikanta Das
• RBI Headquarters: Mumbai, Maharashtra
• RBI Established: April 1, 1935

RBI

RBI Central Board Reviews Balance Sheet Expansion and Financial Metrics at 623rd Meeting

25 May 2026

• The Reserve Bank of India was established on April 1, 1935, under the Reserve Bank of India Act, 1934.
• The headquarters of RBI was permanently moved from Kolkata to Mumbai in 1937.

Digital Banking

Fintech Skydo Bags Crucial Payment Service Provider Approvals from RBI & GIFT City

25 May 2026

• GIFT City: Gujarat International Finance Tec-City, located in Gandhinagar, Gujarat
• PA-CB Framework Full Form: Payment Aggregator-Cross Border
• Fintech Company: Skydo

RBI

RBI Approves Landmark ₹2.87 Lakh Crore Surplus Transfer to Central Government for FY26

25 May 2026

• Reserve Bank of India (RBI) established: 1 April 1935 under RBI Act 1934
• RBI Headquarters: Mumbai, Maharashtra
• RBI Governor (in 2026 context): Sanjay Malhotra

Capital Markets

NCDEX Introduces India's First Exchange-Traded Weather Derivatives Contract 'RAINMUMBAI'

25 May 2026

• NCDEX is a leading online multi-commodity exchange in India, established in 2003 and headquartered in Mumbai, regulated by SEBI.
• The India Meteorological Department (IMD), established in 1875, acts as the primary agency responsible for meteorological observations and weather forecasting.

RBI

RBI Grants Final Prepaid Payment Instrument Issuer License to ZikZuk Technologies

25 May 2026

• The Reserve Bank of India (RBI) was established on April 1, 1935, under the RBI Act, 1934, and nationalized on January 1, 1949.
• The Payment and Settlement Systems Act (PSSA), 2007, designates the RBI as the sole authority to regulate and supervise payment systems within India.

Pension Schemes

PFRDA Celebrates Atal Pension Yojana Milestones at Annual Felicitation Ceremony

25 May 2026

• Atal Pension Yojana (APY) was launched on June 9, 2015, targeting unorganized sector workers aged between 18 and 40 years.
• Subscribers under APY are guaranteed a minimum monthly pension of ₹1,000 to ₹5,000 after attaining the age of 60 years.
• PFRDA was established in 2003 and granted statutory status through the PFRDA Act, 2013, operating under the Ministry of Finance.

RBI

Reserve Bank of India Initiates $5 Billion Buy/Sell Foreign Exchange Swap to Manage Liquidity

22 May 2026

• RBI Governor: Shaktikanta Das
• RBI Establishment: 1 April 1935
• RBI Headquarters: Mumbai, Maharashtra

Capital Markets

SBI Ventures Designated as Manager for the ₹20,000 Crore Maritime Investment Fund

22 May 2026

• SBI Chairman: C.S. Setty
• SEBI Headquarters: Mumbai
• SEBI Establishment Year: 1988 (Statutory status in 1992)

Pension Schemes

PFRDA Felicitates Top Banks for Outstanding Performance under Atal Pension Yojana

21 May 2026

• PFRDA Chairman: Sivasubramanian Ramann
• PFRDA Founded: 23 August 2003
• PFRDA Headquarters: New Delhi

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