APPOINTMENTS
30 April 2026 APPOINTMENTS
The RBI has approved the re-appointment of B Ramesh Babu as the MD & CEO of Karur Vysya Bank (KVB) for a third consecutive term of 2 years till July 2028.
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Recent Current Affairs related to RBI
BANKING
27 April 2026 BANKING
Pay Point India Network has become the first private-sector fintech company to join the Centralised Payment System (CPS) operated by the RBI.
BANKING
21 April 2026 BANKING
The RBI has unveiled its medium-term strategy framework named “Utkarsh 2029”, which will be implemented from April 2026 to March 2029. The strategy aims to consolidate the position of the RBI as a world-class, full-service central bank by outlining 49 deliverables across six strategic pillars.
The six pillars of the framework include robust regulations, customer centricity and inclusive finance, competitive markets, effective technology, a future-ready organisation, and global integration. The framework introduces “Project Sa-Mudra” to modernise currency management and envisions the expansion of Central Bank Digital Currency (CBDC) for efficient cross-border payments.
The RBI also intends to scale up the Unified Lending Interface (ULI) to enhance credit access for underserved segments of the economy. Additionally, the strategy includes the development of an indigenous AI tool based on a purpose-built Large Language Model (LLM) for internal operations.
BANKING
21 April 2026 BANKING
Shriram Overseas Investments Ltd, a wholly owned subsidiary of Shriram Finance Ltd, has received in-principle approval from the Reserve Bank of India (RBI) to start Primary Dealer (PD) business. The authorization is subject to the fulfillment of specific conditions set by the RBI.
BANKING
20 April 2026 BANKING
Paytm has introduced biometric authentication for UPI and cardless Automated Teller Machine (ATM) withdrawals to enhance security. These features align with the RBI guidelines for two factor authentication (2FA).
Biometric payments are capped at ₹5,000 per transaction as per the National Payments Corporation of India (NPCI) guidelines. The cardless withdrawal feature allows users to withdraw cash from ATMs without a physical card, with a maximum limit of ₹10,000 per transaction.
BANKING
20 April 2026 BANKING
The RBI has issued the “RBI (Non-Banking Financial Companies (NBFC) - Branch Authorisation) Amendment Directions, 2026” to enhance operational flexibility for NBFCs while ensuring regulatory oversight. The rules have come into force with immediate effect.
All applications must be submitted through the Platform for Regulatory Application, Validation And AutHorisation (PRAVAAH) portal. Under the revised norms, deposit-taking NBFCs with Net Owned Funds (NOF) up to ₹50 crore or lower credit ratings are permitted to open branches only within the state of their registered office.
BANKING
15 April 2026 BANKING
CSB Bank Ltd, one of the oldest private sector banks in India, has launched its first dedicated retail savings product named “SMART SAVE ACCOUNT”.
The move aims to strengthen the liquidity of the bank and expand the retail banking portfolio of CSB through automated and customer-centric solutions.
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"This app is very useful to the persons who find difficult to go through the bunch of PDFs, and spending lots of time for revision."
"The memorising technique in the Scoreclever automatically stores the news in my mind and it saves time."
"It is very helpful platform to study current affairs. It has memory technique which saves lots of time during preparartion."
"Came across Editorial Vocabulary podcast video accidentally and really loved the idea. Its really useful for my preparation."
"Wonderful session. Thank you so much and really hats off to you for making current affairs and editorial an easy one."
"This is one the best app for Current Affairs. The content is cut and short whichever is required and is easy to remember with flashcards."
"Thx to daily quizzes. It played a big role in revisions. April 2024 - April 2025 I missed quizzes 3 or 4 days only. It's that interesting."
"Best app to learn current affairs in an effective way. I usually forgot current affairs easily and now I can easily remember everything."
"I studied current affairs only in Scoreclever and its really a time saver. Thanks Scoreclever team for all your efforts."
"Just wow. Haven't seen anyone explaining editorials like this. Crystal clear explanations with word by word. Thanks so much."
"This app is very useful to the persons who find difficult to go through the bunch of PDFs, and spending lots of time for revision."
"The memorising technique in the Scoreclever automatically stores the news in my mind and it saves time."
"It is very helpful platform to study current affairs. It has memory technique which saves lots of time during preparartion."
"Came across Editorial Vocabulary podcast video accidentally and really loved the idea. Its really useful for my preparation."
"Wonderful session. Thank you so much and really hats off to you for making current affairs and editorial an easy one."
"This is one the best app for Current Affairs. The content is cut and short whichever is required and is easy to remember with flashcards."
"Thx to daily quizzes. It played a big role in revisions. April 2024 - April 2025 I missed quizzes 3 or 4 days only. It's that interesting."
"Best app to learn current affairs in an effective way. I usually forgot current affairs easily and now I can easily remember everything."
"I studied current affairs only in Scoreclever and its really a time saver. Thanks Scoreclever team for all your efforts."
"Just wow. Haven't seen anyone explaining editorials like this. Crystal clear explanations with word by word. Thanks so much."
"This app is very useful to the persons who find difficult to go through the bunch of PDFs, and spending lots of time for revision."
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