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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

Payment Systems

Razorpay Introduces 'RAY' AI Account Manager on WhatsApp with IndusInd Bank

2 Oct 2026

• Razorpay HQ: Bengaluru, Karnataka
• IndusInd Bank HQ: Mumbai, Maharashtra
• IndusInd Bank MD & CEO: Sumant Kathpalia

Capital Markets

SEBI Unveils 'Demat 2.0' Pilot for Tokenised Corporate Bonds

2 Oct 2026

• SEBI HQ: Mumbai, Maharashtra
• DLT: Distributed Ledger Technology
• UMI: Unified Market Interface

UPI / NPCI

UPI Logs 24.07 Billion Transactions Worth ₹29.37 Lakh Crore in September 2026

2 Oct 2026

• UPI: Unified Payments Interface
• UPI Launched: April 2016
• Managing Body: National Payments Corporation of India (NPCI)

Digital Banking

Axis Bank credit cards supported Apple Pay launch in India.

2 Oct 2026

• Apple Pay Launched: 2014
• Axis Bank Founded: 1993
• Axis Bank HQ: Mumbai

RBI

RBI penalizes KLM Axiva Finvest for auction procedure non-compliance.

2 Oct 2026

• KLM Axiva Finvest Founded: 1997
• KLM Axiva Finvest HQ: Thrissur
• RBI Functions: Monetary Policy, Regulation

RBI

RBI penalizes Hero FinCorp for violating Fair Practices Code.

2 Oct 2026

• Hero FinCorp Founded: 1991
• Hero FinCorp HQ: Gurugram
• FPC Full Form: Fair Practices Code

RBI

RBI imposes monetary penalty on Ola Financial Services.

2 Oct 2026

• KYC Full Form: Know Your Customer
• Ola Financial Services Parent: Ola
• RBI Governor: Shaktikanta Das

RBI

RBI sets ₹50,000 crore limit for Ways and Means Advances.

2 Oct 2026

• WMA Full Form: Ways and Means Advances
• RBI Established: 1 April 1935
• RBI Nationalized: 1 January 1949

Digital Banking

Bank of India launches programmable digital rupee.

2 Oct 2026

• Bank of India Founded: 1906
• Bank of India HQ: Mumbai
• CBDC Full Form: Central Bank Digital Currency

SEBI

SEBI launches 'Demat 2.0' pilot for tokenized corporate bonds.

2 Oct 2026

• SEBI Full Form: Securities and Exchange Board of India
• SEBI Chairman: Tuhin Kanta Pandey
• DLT Full Form: Distributed Ledger Technology
• SEBI HQ: Mumbai

UPI / NPCI

UPI records 24.07 billion transactions in September 2026.

2 Oct 2026

• UPI Full Form: Unified Payments Interface
• NPCI Full Form: National Payments Corporation of India
• UPI Launched: 2016

Payment Systems

Apple Pay Rolls Out in India in Partnership with Axis Bank

1 Oct 2026

• Axis Bank MD & CEO: Amitabh Chaudhry
• Axis Bank Headquarters: Mumbai, Maharashtra
• Apple CEO: Tim Cook

Banking Affairs

RBI Levies Financial Penalties on Hero FinCorp, Ola Financial, and KLM Axiva

1 Oct 2026

• KYC Norms Regulator: Reserve Bank of India
• Fair Practices Code: For NBFCs and banks
• Risk Categories: Low, Medium, High

RBI

RBI Sets Centre's Ways and Means Advances Cap at ₹50,000 Crore for H2 FY27

1 Oct 2026

• RBI Established: 1 April 1935
• RBI Headquarters: Mumbai, Maharashtra
• WMA Tenure: Maximum three months

Payment Systems

FASTag Annual Pass Crosses One Crore Issuance Milestone

30 Sep 2026

• Technology: Radio Frequency Identification (RFID)
• Developer: NPCI
• NPCI MD & CEO: Dilip Asbe

Financial Inclusion

CGTMSE Default Guarantee Scheme Operationalized for MSE Invoices on TReDS

29 Sep 2026

• TReDS Regulatory Authority: Reserve Bank of India
• CGTMSE Set Up By: Ministry of MSME and SIDBI

Capital Markets

NaBFID Mobilizes $750 Million Through Maiden 10-Year US Dollar Bonds

29 Sep 2026

• NaBFID HQ: Mumbai, Maharashtra
• NaBFID Regulatory Body: Reserve Bank of India

Banking Affairs

Union Finance Minister Attends 11th AIIB Annual Meeting in Doha, Qatar

28 Sep 2026

• AIIB Headquarters: Beijing, China
• AIIB Commenced Operations: 2016
• AIIB President: Zou Jiayi
• AIIB Total Members: 111 (Latest: Colombia)

Capital Markets

Finance Minister Unveils IIT-Madras Unicorn Venture Fund to Foster Seed-Stage Startups

26 Sep 2026

• Venture Partner: Unicorn India Ventures
• Regulatory Approving Body: Securities and Exchange Board of India (SEBI)
• Co-authors of UPI Book: Dr. Santhan Paul and B. Sambamurthy

Payment Systems

MSME Ministry Mandates CPSE Payments to MSME Vendors Exclusively via TReDS Platform

17 Aug 2026

• TReDS: Trade Receivables Discounting System
• Regulatory Body: Reserve Bank of India (RBI)
• Inception Year: 2017

EPFO

EPFO Launches 'VISHWAS 2026' Amnesty Scheme to Resolve Long-Pending Employer Penalty Disputes

17 Aug 2026

• EPFO Parent Ministry: Ministry of Labour and Employment
• Central Board of Trustees (CBT) Chairman: Union Labour Minister

Digital Banking

IndusInd Bank and EazyDiner Roll Out Lifetime-Free UPI RuPay Credit Card

13 Aug 2026

• IndusInd Bank Headquarters: Mumbai, Maharashtra
• IndusInd Bank MD & CEO: Sumant Kathpalia
• RuPay Network Parent Body: National Payments Corporation of India (NPCI)

Capital Markets

Bank of America to Acquire up to 49.9% Stake in Jio Credit Limited

13 Aug 2026

• Parent Entity of Jio Credit Limited: Jio Financial Services Ltd (JFSL)
• Initial Stake Acquisition: 26.5%
• Maximum Target Stake Acquisition: 49.9%

Payment Systems

Union Government Reaffirms Free Universal Access for Daily UPI Transactions

10 Aug 2026

• Governing Legislation: Payment and Settlement Systems Act, 2007
• NPCI Launch Year for UPI: 2016
• MDR Definition: Merchant Discount Rate charged to merchants for processing debit/credit/digital transactions

Capital Markets

IndusInd Bank Secures RBI Approval to Launch Wholly-Owned Stock Broking Subsidiary

8 Aug 2026

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

RBI

RBI Releases List of 17 Upper-Layer NBFCs for 2026–27; Tata Sons Retained

7 Aug 2026

• RBI Scale-Based Regulation Layers: Base Layer, Middle Layer, Upper Layer, Top Layer
• Minimum Asset Criteria for Upper Layer NBFCs: ₹1,00,000 crore and above
• New Entrants in NBFC-UL (2026-27): REC Ltd, PFC, IRFC, HUDCO

Insurance

Bajaj General Insurance Collaborates with Swiss Re Corporate Solutions for Cross-Border Commercial Coverage

7 Aug 2026

• Bajaj General Insurance HQ: Pune, Maharashtra (Established in 2001)
• Swiss Re Corporate Solutions HQ: Zurich, Switzerland

Payment Systems

Union Government Drafts Proposal to Reintroduce Merchant Discount Rate on High-Value UPI Transactions

7 Aug 2026

• Payment and Settlement Systems Act: Enacted in 2007
• UPI Development: Launched by NPCI in 2016

SEBI

RBI Grants Perpetual AD Category-II Forex Licences to Niyo Forex and GlobalPay

7 Aug 2026

• Governing Act: Foreign Exchange Management Act (FEMA)
• Regulatory Body: Reserve Bank of India (RBI)
• Licence Category: Authorised Dealer Category-II (AD-II)

UPI / NPCI

UPI Monthly Transactions Hit Unprecedented High in July 2026

7 Aug 2026

• Launch Date of UPI: 11 April 2016
• Developer Organization: National Payments Corporation of India (NPCI)
• Top UPI App by Volume: PhonePe

Banking Affairs

RBI Prepares to Re-open On-Tap Licensing for Urban Co-operative Banks After Two Decades

6 Aug 2026

• Reserve Bank of India Established: April 1, 1935 under RBI Act, 1934
• RBI Headquarters: Mumbai, Maharashtra
• Primary Regulator for UCBs: Banking Regulation Act, 1949

LIC

Government Disinvests Stake in Life Insurance Corporation through Offer for Sale

5 Aug 2026

• LIC Founded: 1 September 1956
• LIC Headquarters: Mumbai, Maharashtra
• SEBI Minimum Public Shareholding (MPS) Norm: Listed companies must maintain at least 25% public float (special relaxed deadlines apply to large public sector units).

Monetary Policy

RBI MPC Keeps Policy Repo Rate Unchanged at 5.25% with Neutral Stance

5 Aug 2026

• RBI Governor: Sanjay Malhotra
• Cash Reserve Ratio (CRR): 3.00%
• Statutory Liquidity Ratio (SLR): 18.00%
• Standing Deposit Facility Rate (SDF): 5.00%
• Marginal Standing Facility Rate (MSF): 5.50%

Banking Affairs

New Income Tax Office Complex 'Aayakar Sindhu' Dedicated to Nation in Mumbai

5 Aug 2026

• CPWD Established: 1854
• Consolidated Fund of India Article: Article 266(1) of the Indian Constitution

Financial Inclusion

NCGTC Amends CGSMFI 2.0 Framework to Boost Credit Allocation for Small and Medium MFIs

5 Aug 2026

• NCGTC Set Up Year: 2014
• NCGTC Ownership: Department of Financial Services, Ministry of Finance

RBI

RBI Permits Differential Interest Rates on Bulk Deposits Based on LCR Run-off Rates

5 Aug 2026

• Reserve Bank of India Established: April 1, 1935
• Reserve Bank of India Headquarters: Mumbai, Maharashtra
• Reserve Bank of India Act: 1934

Insurance

DFS Introduces Sovereign-Backed Maritime Protection & Indemnity Insurance Under BMIP

4 Aug 2026

• The New India Assurance Company Limited (NIACL) was established in 1919 and nationalized in 1973; Headquarters: Mumbai; CMD: Girija Subramanian.
• Shipping Corporation of India (SCI) was founded in 1961, holds Navratna status; Headquarters: Mumbai; CMD: Capt. Binesh Kumar Tyagi.

LIC

Government Proposes Sale of 6.54% Stake in Life Insurance Corporation via OFS

4 Aug 2026

• LIC Established: September 1, 1956
• LIC Headquarters: Mumbai
• LIC Chairman: Siddhartha Mohanty

Digital Banking

Karnataka Bank Rolls Out 'KBL Finsurance' Portal to Streamline Digital Insurance Services

4 Aug 2026

• Karnataka Bank MD & CEO: Srikrishnan Hari Hara Sarma
• Karnataka Bank Headquarters: Mangaluru, Karnataka
• Tagline of Karnataka Bank: Your Family Bank Across India

SEBI

SEBI Penalizes Zee Entertainment and Bars Promoters for Governance Infringements

3 Aug 2026

• SEBI Headquarters: Mumbai, Maharashtra
• SEBI Regulatory Role: Capital market oversight and investor protection regulator established under the SEBI Act, 1992

Showing 1–40 of 207 results