📅 Bank PO + Clerk · Current Affairs 2025-26 · PYQ Practice
Bank PO & Clerk Current Affairs 2025-26 — 35 Most Repeated PYQs
📅 Last updated: July 2026✍️ By GK Capsule Team📚 35 Questions
Current Affairs is the highest-scoring and most dynamic section in IBPS PO, IBPS Clerk, SBI PO, SBI Clerk, RRB PO and RRB Clerk exams. Unlike Static GK which stays fixed, Current Affairs changes every month — making daily practice the only effective strategy. This page covers the 35 most important Current Affairs questions for bank exams from the last 6 months, organized by category with detailed explanations and regular monthly updates.
📊 Current Affairs Weightage in Bank Exams:
IBPS PO Mains GA Section: 10–15 questions · SBI PO: 8–10 questions · IBPS Clerk Mains: 8–10 questions · RRB PO: 8–12 questions · Categories with highest repeat rate: RBI appointments and decisions (every paper), new government financial schemes, UPI and digital payments milestones, banking sector mergers and appointments, India's GDP and forex data
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⚠️ Important for Bank Exam Students:
Current affairs questions in bank exams are always from the last 6 months before the exam date. This page is updated monthly. For the most recent questions, also practice the Current Affairs section on GK Capsule's daily quiz at gkcapsule.in
🔑 Most Important Current Affairs Categories for Bank PO & Clerk
Bank exam current affairs focuses heavily on financial and economic news. Non-financial current affairs (sports, arts, politics) has lower weightage compared to SSC. Prioritize these 7 categories:
Bank mergers, new appointments, NBFC regulations, payment bank updates
📱
Digital Payments
UPI milestones, new payment systems, NPCI initiatives, fintech developments
📋
Government Schemes
New financial schemes, scheme extensions, DBT milestones, insurance updates
🌐
International Finance
IMF/World Bank reports, India's credit ratings, forex reserves, trade data
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Economic Indicators
GDP growth data, CPI/WPI inflation, IIP data, fiscal deficit numbers
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Banking Awards
RBI excellence awards, best bank rankings, fintech awards, NBFC ratings
📝 Section 1 — RBI & Monetary Policy (Most Tested)
🏦 RBI🆕 NEWIBPS PO 2026Q1
Who was appointed as the 26th Governor of the Reserve Bank of India in December 2024?
AShaktikanta Das
BRaghuram Rajan
CSanjay Malhotra
DUrjit Patel
✅ Answer: C) Sanjay MalhotraSanjay Malhotra became the 26th Governor of RBI in December 2024, succeeding Shaktikanta Das who served from December 2018 to December 2024. Malhotra is a 1990-batch IAS officer of the Rajasthan cadre and previously served as Revenue Secretary. RBI Governor is the most asked appointment question in bank exams — always know the current holder.
🏦 RBI🆕 NEWSBI PO 2026Q2
The RBI Monetary Policy Committee (MPC) in its June 2026 meeting decided to keep the repo rate at which level?
A5.00%
B5.25%
C5.50%
D6.00%
✅ Answer: B) 5.25%The RBI MPC unanimously voted to keep the repo rate unchanged at 5.25% in its June 2026 meeting, maintaining a neutral policy stance. The rate was cut from 6.25% to 5.25% in cumulative steps during early 2026 to support growth. The reverse repo rate stands at 3.35% and the MSF rate at 5.50%.
🏦 RBI🆕 NEWIBPS Clerk 2026Q3
RBI revised India's GDP growth forecast for FY2026-27 downward to which figure in its June 2026 MPC meeting?
A6.2%
B6.4%
C6.6%
D6.9%
✅ Answer: C) 6.6%RBI revised its FY27 GDP growth forecast to 6.6% from the earlier projection of 6.9% in April 2026. The downward revision was due to the West Asia conflict's impact on energy prices, concerns over a weak monsoon, and global trade uncertainty. Despite the revision, India remained the world's fastest-growing major economy.
🏦 RBI🆕 NEWSBI Clerk 2026Q4
RBI's Revamped Integrated Ombudsman Scheme (RB-IOS 2026) came into effect from which date?
AApril 1, 2026
BJune 1, 2026
CJuly 1, 2026
DAugust 1, 2026
✅ Answer: C) July 1, 2026The RB-IOS 2026 came into effect from July 1, 2026. It retains the One Nation One Ombudsman approach and covers banks, NBFCs with assets of Rs 100 crore and above, and credit information companies. Awards can be up to Rs 30 lakh for financial losses and Rs 3 lakh for time and harassment.
🏦 RBI🆕 NEWIBPS PO 2026Q5
RBI recognised Sahamati Foundation as the Self-Regulatory Organisation (SRO) for which ecosystem in 2026?
ADigital Lending ecosystem
BAccount Aggregator ecosystem
CCryptocurrency ecosystem
DInsurance Tech ecosystem
✅ Answer: B) Account Aggregator ecosystemRBI recognised Sahamati Foundation as the SRO for the Account Aggregator (AA) ecosystem in 2026, strengthening governance in open finance. The AA framework allows users to securely share their financial data across institutions with explicit consent, enabling better credit access and personalized financial services.
🏦 RBI🆕 NEWSBI PO 2026Q6
RBI mandated a specific domain exclusively for Indian banks in March 2026 to combat cyber fraud. What is this domain?
Abank.in
Brbi.in
CbankIN.in
D.bank.in
✅ Answer: D) .bank.inRBI mandated the '.bank.in' domain exclusively for all Indian banks to combat cyber fraud and phishing attacks. By ensuring all legitimate Indian bank websites use '.bank.in', customers can easily identify genuine banking portals. Fraudulent websites using '.com' or '.net' domains claiming to be banks can be flagged as suspicious.
📝 Section 2 — Banking Sector News & Appointments
🏛️ Banking🆕 NEWIBPS PO 2026Q7
Kotak Mahindra Bank announced the acquisition of which bank's retail and wealth management unit for Rs 282 crore in 2026?
ACitibank India
BStandard Chartered India
CDeutsche Bank India
DBarclays India
✅ Answer: C) Deutsche Bank IndiaKotak Mahindra Bank announced the acquisition of Deutsche Bank India's retail and wealth management unit for Rs 282 crore in 2026. The deal covers Rs 29,000 crore in loans and Rs 16,000 crore in total deposits, with over 1.5 lakh customers and 1,000 employees transitioning to Kotak Mahindra Bank.
🏛️ Banking🆕 NEWSBI Clerk 2026Q8
Former Chief Election Commissioner Rajiv Kumar was appointed as Part-Time Chairman of which private sector bank in 2026?
AICICI Bank
BAxis Bank
CHDFC Bank
DKotak Mahindra Bank
✅ Answer: C) HDFC BankFormer Chief Election Commissioner Rajiv Kumar was appointed as Part-Time Chairman of HDFC Bank for a three-year tenure in 2026. The appointment followed Atanu Chakraborty's exit and required final approval from the Reserve Bank of India. HDFC Bank is India's largest private sector bank by market capitalisation.
🏛️ Banking🆕 NEWIBPS Clerk 2026Q9
The Central Government extended the tenure of which RBI Deputy Governor by two years from June 2026?
AM. Rajeshwar Rao
BT. Rabi Sankar
CSwaminathan J
DMichael Patra
✅ Answer: C) Swaminathan JThe Central Government extended the tenure of RBI Deputy Governor Swaminathan J by two years from June 26, 2026, following the completion of his first term. Swaminathan J oversees the Department of Regulation and Department of Supervision at RBI — key departments responsible for banking sector oversight.
🏛️ Banking🆕 NEWRRB PO 2026Q10
Under RBI's revised Scale-Based Regulation (SBR) Framework for NBFCs, how many regulatory layers are NBFCs classified into?
A2 layers
B3 layers
C4 layers
D5 layers
✅ Answer: C) 4 layersUnder RBI's SBR Framework, NBFCs are classified into 4 layers: Base Layer (NBFC-BL) for smaller NBFCs with lower risk, Middle Layer (NBFC-ML) for deposit-taking and non-deposit systemically important NBFCs, Upper Layer (NBFC-UL) for those identified for enhanced regulatory requirements, and Top Layer (NBFC-TL) which will ordinarily be empty.
📝 Section 3 — Digital Payments & Fintech
📱 Digital Payments🆕 NEWIBPS PO 2026Q11
UPI recorded a historic high in May 2026 with transactions worth approximately how much?
ARs 20 trillion
BRs 25 trillion
CRs 29.90 trillion
DRs 35 trillion
✅ Answer: C) Rs 29.90 trillionUPI hit a historic high of Rs 29.90 trillion (approximately USD 360 billion) worth of transactions in May 2026, reflecting the exponential growth of India's digital payments ecosystem. UPI is operated by NPCI and processes over 14 billion transactions per month. India's UPI is being adopted by several countries including Singapore, UAE, France, and Bhutan.
📱 Digital Payments🆕 NEWSBI PO 2026Q12
NPCI partnered with HSBC India and JP Morgan Payments in July 2026 to enable real-time FX settlement for which payment system?
ARTGS
BNEFT
CInternational UPI
DIMPS
✅ Answer: C) International UPINPCI partnered with HSBC India and JP Morgan Payments to enable real-time foreign exchange (FX) settlement for International UPI Payments. This partnership enhances cross-border payment efficiency, allowing international UPI transactions to be settled in real-time rather than the traditional T+1 or T+2 settlement cycle.
📱 Digital PaymentsIBPS Clerk 2025Q13
BHIM (Bharat Interface for Money) payments app is operated by which organization in India?
ARBI
BSBI
CNPCI
DMinistry of Finance
✅ Answer: C) NPCIBHIM (Bharat Interface for Money) is operated by the National Payments Corporation of India (NPCI). It was launched on December 30, 2016 by PM Narendra Modi. BHIM transaction volumes tripled in less than a year as of 2026 due to increased merchant adoption and government promotion. NPCI was set up under the guidance of RBI and IBA.
📱 Digital Payments🆕 NEWSBI Clerk 2026Q14
India's government kept interest rates on Small Savings Schemes (SSS) unchanged for which quarter of FY 2026-27?
AFirst quarter (April-June 2026)
BSecond quarter (July-September 2026)
CThird quarter (October-December 2026)
DFourth quarter (January-March 2027)
✅ Answer: B) Second quarter (July-September 2026)The Department of Economic Affairs kept SSS interest rates unchanged for the second quarter of FY 2026-27 (July 1 to September 30, 2026). This marked the 9th consecutive quarter without any rate revision. Small savings schemes include PPF (7.1%), Sukanya Samriddhi Yojana (8.2%), Senior Citizens Savings Scheme (8.2%), and NSC (7.7%).
📝 Section 4 — Economic Indicators & Reports
📈 Economy🆕 NEWIBPS PO 2026Q15
India's external debt climbed to approximately how much in FY2025-26 as reported by RBI?
AUSD 650 billion
BUSD 700 billion
CUSD 762.8 billion
DUSD 800 billion
✅ Answer: C) USD 762.8 billionIndia's external debt climbed to USD 762.8 billion in FY2025-26 as per RBI data. The rise was attributed to increased commercial borrowings and NRI deposits. External debt as a percentage of GDP stood at approximately 19.4%, which is considered moderate. India's debt service ratio (principal + interest payments as % of current receipts) remained manageable at around 7.3%.
📈 Economy🆕 NEWSBI PO 2026Q16
India's sovereign credit rating was upgraded to 'BBB' with a 'Stable' trend by which global rating agency recently?
AMoody's
BFitch
CStandard and Poor's
DMorningstar DBRS
✅ Answer: D) Morningstar DBRSMorningstar DBRS, a global sovereign credit rating agency, upgraded India's rating to 'BBB' with a 'Stable' trend in 2026, reflecting India's improving fiscal management, strong economic growth, and macroeconomic stability. India's credit ratings from the three major agencies — Moody's (Baa3), S&P (BBB-), and Fitch (BBB-) — all remain at investment grade.
📈 Economy🆕 NEWIBPS Clerk 2026Q17
India's forex reserves reached an all-time high during the week ended February 27, 2026. What was this record figure?
AUSD 650 billion
BUSD 700 billion
CUSD 728.4 billion
DUSD 750 billion
✅ Answer: C) USD 728.4 billionIndia's forex reserves reached an all-time high of USD 728.494 billion during the week ended February 27, 2026. The reserves subsequently declined to around USD 682 billion by May 2026 due to the West Asia conflict's impact on energy prices and RBI's intervention to stabilize the rupee. India is among the world's top 5 holders of foreign exchange reserves.
📈 Economy🆕 NEWRRB PO 2026Q18
RBI raised its CPI inflation forecast for FY2026-27 to which level in its June 2026 MPC meeting?
A4.2%
B4.6%
C5.1%
D5.5%
✅ Answer: C) 5.1%RBI raised its FY27 CPI inflation forecast to 5.1% from 4.6% projected in April 2026, citing elevated crude oil prices due to the West Asia conflict, El Nino weather uncertainty affecting food prices, and higher imported inflation. RBI's official inflation target is 4% with a tolerance band of ±2% (i.e., 2% to 6% is acceptable).
📈 Economy🆕 NEWSBI PO 2026Q19
The Economic Survey 2025-26 projected India's GDP growth for FY2025-26 at which rate?
A6.8%
B7.0%
C7.4%
D7.8%
✅ Answer: C) 7.4%The Economic Survey 2025-26, authored by Chief Economic Adviser V. Anantha Nageswaran, projected India's GDP growth at 7.4% for FY2025-26, driven by robust private consumption and capital investment. India remained the world's fastest-growing major economy. The Economic Survey is presented to Parliament one day before the Union Budget by the Ministry of Finance.
📝 Section 5 — Government Financial Schemes
📋 SchemesIBPS PO 2025Q20
Under the PM Garib Kalyan Anna Yojana (PMGKAY), how many crore beneficiaries receive free food grains?
A50 crore
B67 crore
C80 crore
D100 crore
✅ Answer: C) 80 crorePMGKAY provides free food grains (5 kg per person per month) to approximately 80 crore (800 million) beneficiaries under the National Food Security Act. PM Modi announced extending PMGKAY for 5 more years in January 2023. It is one of the world's largest food security programmes and distributes approximately 5 lakh metric tonnes of food grains monthly.
📋 Schemes🆕 NEWSBI Clerk 2026Q21
The Union Cabinet approved an additional Rs 30,000 crore investment into which fund in June 2026 to boost infrastructure financing?
ANational Infrastructure Pipeline
BNational Investment and Infrastructure Fund (NIIF)
CPM Gati Shakti Fund
DInfrastructure Investment Trust
✅ Answer: B) National Investment and Infrastructure Fund (NIIF)The Union Cabinet approved an additional Rs 30,000 crore investment into NIIF on June 29, 2026. NIIF was established in 2015 as India's sovereign wealth fund to boost infrastructure financing. It operates three funds: Master Fund, Fund of Funds, and Strategic Opportunities Fund. NIIF is majority owned by the Government of India with a 49% stake.
📋 Schemes🆕 NEWIBPS PO 2026Q22
The Pradhan Mantri Surakshit Matritva Abhiyan (PMSMA) recently completed how many years of implementation?
A5 years
B8 years
C10 years
D12 years
✅ Answer: C) 10 yearsPMSMA completed 10 years in 2026. It provides free antenatal care to pregnant women on the 9th of every month at government health facilities. The scheme ensures quality antenatal care including clinical examination, ultrasound, and high-risk identification. It is implemented by the Ministry of Health and Family Welfare.
📝 Section 6 — International Finance & Summits
🌐 International🆕 NEWIBPS PO 2026Q23
India and Japan elevated their bilateral trade to USD 27.47 billion in FY 2025-26. What is Japan's rank among India's trading partners?
A5th largest
B7th largest
C10th largest
D12th largest
✅ Answer: C) 10th largestJapan is India's 10th largest trading partner with bilateral trade of USD 27.47 billion in FY 2025-26. Japan is also India's 5th largest FDI source, contributing 6% of total FDI inflows between 2000 and 2026. The India-Japan Comprehensive Economic Partnership Agreement (CEPA) has been in force since 2011.
🌐 InternationalSBI PO 2025Q24
The IMF publishes the 'World Economic Outlook' report how many times per year?
AOnce a year
BTwice a year
CFour times a year
DMonthly
✅ Answer: B) Twice a yearThe IMF publishes the World Economic Outlook (WEO) twice a year — in April (at Spring Meetings) and October (at Annual Meetings). It provides analysis and projections of global GDP growth, inflation, unemployment, and trade. In 2025, IMF projected India's GDP growth at 6.5%, making India the world's fastest-growing major economy for the third consecutive year.
🌐 International🆕 NEWIBPS Clerk 2026Q25
RBI signed an MoU with which country's central bank to boost digital payments and fintech cooperation in May 2026?
ABangladesh
BSri Lanka
CVietnam
DNepal
✅ Answer: C) VietnamRBI and the State Bank of Vietnam signed an MoU in May 2026 to boost digital payments and fintech cooperation. This builds on India's broader strategy of internationalizing UPI and sharing its digital public infrastructure expertise with ASEAN nations. India has also signed similar payment cooperation MoUs with Singapore, UAE, Mauritius, and Sri Lanka.
📝 Section 7 — Banking Technology & Regulation
🏛️ Banking🆕 NEWSBI PO 2026Q26
The Insolvency and Bankruptcy Code (IBC) completed how many years of implementation in 2026?
A8 years
B9 years
C10 years
D12 years
✅ Answer: C) 10 yearsThe IBC completed 10 years in 2026. Since its enactment in 2016 it has resolved over 3,000 cases, recovered approximately Rs 3.5 lakh crore, and significantly improved India's ranking in the World Bank's Ease of Doing Business — particularly in the 'Resolving Insolvency' parameter. The National Company Law Tribunal (NCLT) is the adjudicating authority under IBC.
🏛️ Banking🆕 NEWIBPS PO 2026Q27
SEBI launched the GARUDA Green Channel Framework for which type of financial vehicles in June 2026?
AMutual Funds
BAlternative Investment Funds (AIFs)
CPortfolio Management Services
DReal Estate Investment Trusts
✅ Answer: B) Alternative Investment Funds (AIFs)SEBI launched GARUDA (Governance and Regulatory Upgrades for Developing AIFs) Green Channel Framework for AIFs in June 2026. It streamlines AIF registration approvals and improves governance standards. AIFs are privately pooled investment vehicles that collect funds from sophisticated investors for investing in accordance with a defined investment policy.
🏛️ Banking🆕 NEWSBI Clerk 2026Q28
RBI revived its Polymer Note Project in May 2026. Which denomination is expected to be tested first as plastic currency?
ARs 10
BRs 50
CRs 100
DRs 500
✅ Answer: A) Rs 10RBI revived the Polymer Note Project in May 2026 with the Rs 10 denomination expected to be tested first. Polymer notes are made of biaxially oriented polypropylene (BOPP) substrate and are more durable (lasting 4x longer than paper notes), harder to counterfeit (better security features), cleaner, and more environmentally friendly as they can be recycled.
🏛️ Banking🆕 NEWIBPS PO 2026Q29
ICAI (Institute of Chartered Accountants of India) celebrated its 78th Foundation Day in 2026. Under which Act was ICAI established?
ACompanies Act 1956
BChartered Accountants Act 1949
CICAI Act 1950
DFinance Act 1948
✅ Answer: B) Chartered Accountants Act 1949ICAI was established on July 1, 1949 under the Chartered Accountants Act 1949. 2026 marks its 78th Foundation Day. It is the statutory regulator of the Chartered Accountancy profession in India and the second largest accounting body in the world by membership. ICAI has over 3.5 lakh members and 8 lakh students enrolled.
📈 Economy🆕 NEWRRB PO 2026Q30
The NSIC (National Small Industries Corporation) was recently upgraded from Schedule 'B' to Schedule 'A' Central Public Sector Enterprise. NSIC functions under which ministry?
AMinistry of Commerce
BMinistry of Finance
CMinistry of Micro, Small and Medium Enterprises
DMinistry of Heavy Industries
✅ Answer: C) Ministry of Micro, Small and Medium EnterprisesNSIC functions under the Ministry of MSME and was upgraded from Schedule 'B' to Schedule 'A' CPSE in 2026. Schedule 'A' is the highest category for CPSEs in India — it indicates strategic importance and enables NSIC to attract better talent and access larger government contracts. NSIC provides support services to MSMEs including credit facilitation, marketing support, and technology upgradation.
🌐 International🆕 NEWSBI PO 2026Q31
India and Chile signed Terms of Reference for negotiations on which trade agreement recently?
✅ Answer: B) CEPAIndia and Chile signed Terms of Reference for initiating CEPA (Comprehensive Economic Partnership Agreement) negotiations, marking a new chapter in bilateral trade. Chile is India's 4th largest trading partner in Latin America. A CEPA is broader than a Free Trade Agreement and covers not just goods but also services, investments, and intellectual property.
🏛️ Banking🆕 NEWIBPS Clerk 2026Q32
Gujarat announced setting up SAMARTH, a Rs 190 crore semiconductor research hub at which institute?
AIIT Bombay
BIIT Gandhinagar
CIIT Ahmedabad
DNIT Surat
✅ Answer: B) IIT GandhinagarGujarat is setting up SAMARTH, a Rs 190 crore semiconductor research hub at IIT Gandhinagar, jointly funded by MeitY and the state government. SAMARTH targets training 10,000 professionals over five years with labs for nano-fabrication and integrated circuit design research. India's semiconductor mission aims to build a complete semiconductor ecosystem including chips, displays, and compound semiconductors.
📋 Schemes🆕 NEWSBI Clerk 2026Q33
The PMKSY (Pradhan Mantri Krishi Sinchayee Yojana) has completed how many years and created irrigation potential across approximately how many million hectares?
A8 years; 15 million hectares
B10 years; 24.61 million hectares
C12 years; 30 million hectares
D6 years; 10 million hectares
✅ Answer: B) 10 years; 24.61 million hectaresPMKSY has completed more than 10 years, benefiting over 27 million farmers and creating or restoring irrigation potential across 24.61 million hectares. The scheme operates on the principle of "Har Khet Ko Pani, More Crop Per Drop" — providing water to every farm and improving water use efficiency in agriculture.
📱 Digital🆕 NEWIBPS PO 2026Q34
The 29th National Conference on e-Governance 2026 was held in which city and adopted which declaration?
ANew Delhi — Delhi Declaration
BMumbai — Mumbai Declaration
CJaipur — Jaipur Declaration
DChennai — Chennai Declaration
✅ Answer: C) Jaipur — Jaipur DeclarationThe 29th National Conference on e-Governance (NCeG) 2026 was held in Jaipur with the theme "Viksit Bharat 2047: AI-enabled, Data-driven and Secure Digital Governance." It concluded with the adoption of the Jaipur Declaration on e-Governance 2026. The conference was jointly organised by DARPG, MeitY, and the Government of Rajasthan.
📈 Economy🆕 NEWSBI PO 2026Q35
Odisha Chief Minister Mohan Charan Majhi launched the 'Go East' initiative. What does the 'Go East' acronym stand for?
AGrowth Oriented Engagement with ASEAN, South-East Asia and Total integration
BGovernment Operations for Eastern ASEAN Sustainable Trade
CGreater Odisha Economic Action and Strategic Treaty
DGrowth Operations for Eastern Asia and Southeast Trade
✅ Answer: A) Growth Oriented Engagement with ASEAN, South-East Asia and Total integration'Go East' stands for Growth Oriented Engagement with ASEAN, South-East Asia and Total integration of Indian regions. Announced by Odisha CM Mohan Charan Majhi on June 27, 2026, the initiative aims to leverage Odisha's eastern coastal advantage to boost trade, cultural and economic ties with ASEAN nations and India's eastern states.
How many Current Affairs questions come in IBPS PO and SBI PO?
IBPS PO Mains includes 10 to 15 Current Affairs questions in the 40-question General Awareness section. SBI PO Prelims includes 5 to 8 current affairs questions. The most tested current affairs categories for bank exams are RBI and banking appointments, new government schemes, international summits and trade agreements, UPI and digital payments milestones, and economic indicators like GDP growth and inflation data.
Which current affairs topics are most important for Bank PO exams?
The 6 most important categories are: (1) RBI appointments and monetary policy decisions — tested in every bank exam, (2) Banking sector news — mergers, new banks, NBFC regulations, (3) Government financial schemes — launch year, ministry, target group, (4) International financial bodies and trade agreements, (5) Economic indicators — GDP growth, inflation, forex reserves, (6) Digital payments milestones — UPI records, NPCI initiatives. Non-financial current affairs (sports, arts, general politics) has lower weightage in bank exams compared to SSC.
How many months of current affairs to cover for IBPS PO 2026?
For IBPS PO 2026, cover the last 6 months of current affairs from the exam notification date. For banking-specific current affairs, focus on all RBI MPC decisions (held every 2 months), major bank mergers and appointments, new government financial schemes, and India's quarterly GDP and inflation data releases. Daily practice of 5–10 banking current affairs questions on GK Capsule is far more effective than weekly marathon revision sessions.
What is the current RBI Governor and repo rate in 2026?
The current RBI Governor (as of July 2026) is Sanjay Malhotra, who took charge as the 26th RBI Governor in December 2024, succeeding Shaktikanta Das. The current repo rate is 5.25% following the June 2026 MPC meeting where RBI kept rates unchanged with a neutral policy stance. The reverse repo rate is 3.35% and the MSF rate is 5.50%.
Which banking mergers and acquisitions happened recently in 2025-26?
Major recent banking developments include: Kotak Mahindra Bank acquiring Deutsche Bank India's retail and wealth unit for Rs 282 crore (2026), HDFC Bank appointing former CEC Rajiv Kumar as Part-Time Chairman (2026), and RBI extending the tenure of Deputy Governor Swaminathan J by two years. UPI recorded its highest ever monthly transaction value of Rs 29.90 trillion in May 2026. SEBI appointed Tuhin Kanta Pandey as its new Chairperson in March 2025.
How to prepare current affairs for Bank PO in 30 days?
Week 1: Cover all RBI MPC decisions from the last 6 months — repo rate changes, GDP forecasts, inflation targets, new RBI circulars. Week 2: All new government financial schemes — PMJDY, Mudra, PM Kisan, Ayushman Bharat, PMGKAY — focus on recent extensions and milestones. Week 3: Banking sector news — Kotak-Deutsche deal, HDFC Bank appointments, NBFC SBR regulations, digital payments milestones (UPI record, BHIM growth). Week 4: International financial bodies (IMF WEO forecasts, World Bank reports), India's forex reserves, GDP growth data, and credit rating changes. Practice 10 banking current affairs questions daily on GK Capsule throughout all 4 weeks.