RBI, Financial Regulations & Economy (Sept 2026)

RBI MPC Meeting in September 2026

No MPC meeting was held; the policy repo rate remained unchanged at 5.25%.

Policy Repo Rate (September 2026)

5.25%, remaining unchanged since the cumulative 125 bps cuts in 2025.

Scheduled Bank Status (September 2026)

Granted by the RBI to Coastal Local Area Bank on September 9, 2026.

RBI Executive Director Appointed September 2026

Suman Ray, appointed to head DICGC and the Premises Department.

RBI Regulatory Directions & KYC Easing (Sept 2026)

Issued final directions on market risk capital requirements and eased KYC norms for FPIs.

RBI Action on NBFC Licences (September 2026)

Cancelled licences of 5 NBFCs; 8 other NBFCs surrendered their registrations.

Cross-Border Trade Remittances Approval (Sept 2026)

Granted by the RBI to RNFI Money on September 23, 2026.

DICGC Deposit Insurance Coverage Limit

Provides insurance cover up to ₹5 lakh per depositor per bank.

Bankers' Books Evidence Act, 2026

Ministry of Finance notified implementation effective from October 1, 2026.

NPCI Revised UPI MDR Framework (Sept 2026)

Imposed a 0.4% Merchant Discount Rate charge on UPI transactions above ₹2,000.

New UPI Products Launched at GFF 2026

NPCI launched UPI Tap & Pay and My UPI at the Global Fintech Fest 2026.

11th Country to Accept UPI Payments

Uzbekistan, through a partnership between NPCI International and HUMO (using UZQR).

NSE Tokenised Corporate Bond Milestone

Enabled India's first tokenised corporate bond issuances worth ₹1,000 crore on Sept 17, 2026.

Proposed Listing Destination for NSE's IPO

A ₹30,000 crore IPO to be listed on the Bombay Stock Exchange (BSE).

GIFT City IFSCA Payment Service Licence (Sept 2026)

Granted to fintech company Niyo on September 10, 2026.

SEBI Approvals on September 30, 2026

Approved the PMS-Mutual Fund route and overhauled settlement rules.

Portfolio Managers Regulations, 2026

Regulations approved by SEBI on September 24, 2026.

SEBI Derivatives Expiry Proposal (Sept 2026)

Proposed establishing a closing auction session for derivatives expiry on Sept 12, 2026.

Reappointed SEBI Whole-Time Member (Sept 2026)

Kamlesh Chandra Varshney was reappointed as Whole-Time Member of SEBI.

Newly Appointed IRDAI Whole-Time Members

Dinesh Pant as Member (Actuary) and Girija Subramanian as Member (Distribution).

PFRDA and DoRD MoU (September 2026)

Signed to expand pension coverage across rural India.

Additional Charge as IBBI Chairperson (Sept 2026)

Assumed by Jayanti Prasad on September 23, 2026.

IRDAI Insurance Pricing Proposal (Sept 2026)

Proposed implementing caps on insurance commissions on September 28, 2026.

Renaming of ICICI Prudential Life Insurance

Renamed to ICICI Life Insurance on September 25, 2026.

India Real GDP Growth Q1 FY27

7.8% real GDP growth (nominal GDP 10.3%, GVA 8.2%, GFCF up 11.9%).

National Accounts Statistics 2026 Base Year

Updated to the new base year 2022-23.

Real Manufacturing GVA Estimation Method (MoSPI)

Adopted double deflation, deflating output and inputs separately using Producer Price Indices.

CPI Inflation (August 2026)

4.82%, remaining above the RBI's 4% target for the third straight month.

WPI Inflation (August 2026)

Registered at 9.92%.

India IIP Growth (August 2026)

Industrial production growth stood at 8.0%.

What was India's WPI inflation rate in August 2026?

9.92%

What was India's IIP growth rate in August 2026?

8.0%

What was India's industrial output growth in July 2026?

6.7%

What was India's monthly PLFS unemployment rate in August 2026?

5.0% (down from 5.1% in July)

What was India's Current Account Deficit in Q1 FY27?

$4.2 billion

What was India's net FDI inflow in July 2026?

$7.3 billion (a five-year high)

To what level did Japan Credit Rating Agency (JCR) upgrade India's sovereign rating in September 2026?

A- with a stable outlook

How many years of Flexible Inflation Targeting did India complete in September 2026?

10 years (framework adopted in September 2016)

What were India's total GST collections in August 2026?

₹1,99,853 crore (up 14.8% YoY)

What proportion of the FY27 fiscal deficit target was reached by July 2026?

26.8%

When does the India-New Zealand Free Trade Agreement enter into force?

20 October 2026

Under which mechanism did the UK recognise India's Carbon Credit Trading Scheme in September 2026?

CBAM (Carbon Border Adjustment Mechanism)

What policy change was made for FDI-funded e-commerce firms in September 2026?

They were allowed to hold inventory for exports.

How many districts are covered under the Districts as Export Hubs initiative as of September 2026?

Over 770 districts

Which country did India agree to fast-track trade talks with in late September 2026?

Qatar

What was the Minimum Support Price (MSP) fixed for raw jute for 2026-27?

₹5,925 per quintal

What was the Fair and Remunerative Price (FRP) of sugarcane fixed for 2026-27?

₹365 per quintal (at 10.25% sugar recovery rate)

What is India's total foodgrain production target set for 2026-27?

373.93 million tonnes

When do the new CAFE norms take effect and what is their fuel-efficiency objective?

Effective 1 April 2027; aim to improve passenger vehicle fuel efficiency by ~16.7% over 5 years.

Which private bank launched a dedicated 'GCC Banking Vertical' in September 2026?

IndusInd Bank

Which entity launched India's first Blue Bond in September 2026?

SMFCL (aiming to raise ₹600 crore)

Which card network partnered with Bandhan Bank in September 2026 to launch credit cards?

Mastercard

Who took interim charge as MD & CEO of Ujjivan Small Finance Bank on 1 September 2026?

Carol Furtado (Executive Director)

In which state did ADB sign its first Transaction Advisory Services mandate in India for RE PPP projects?

Madhya Pradesh

How much funding did IFC provide to the Ministry of Finance in September 2026 for MSME credit?

$1 billion

What cumulative total did guarantees under ECLGS 5.0 reach by September 2026?

₹2.50 lakh crore

On which trade platform did CGTMSE credit guarantee cover go live in September 2026?

TReDS (Trade Receivables Discounting System)

What rank did GIFT City achieve in the Global Financial Centres Index (GFCI 40) in September 2026?

37th position

What was India's rank in the WEF Travel & Tourism Development Index (TTDI) 2026?

31st (Japan topped)

To what amount was the EPFO mandatory wage ceiling enhanced in September 2026?

From ₹15,000 to ₹25,000 per month (effective 17 September 2026)

Who was appointed CBSE Chairperson in September 2026?

IAS officer Mandeep K. Bhandari.

Who received additional charge as Lieutenant Governor of J&K in September 2026?

Vinai Kumar Saxena (Lt. Governor of Ladakh).

Who was re-elected as Secretary-General of APPU in September 2026?

Dr Vinaya Prakash Singh.

Who was appointed Chairperson of NCSK in September 2026?

Bhagwat Prasad Makwana.

Who was appointed Executive Director of WFP in September 2026?

Luke J. Lindberg (for a 5-year term).

First Indian-American to win NAE's Arthur M. Bueche Award 2026

Sethuraman Panchanathan.

Winner of the 2026 Borlaug CAST Communication Award

Karim.

Indian scientists selected as AGU 2026 awardees

Roxy Mathew Koll and Neelima Satyam.

Indian leader honoured with three international awards in London (Sept 2026)

Maharashtra Deputy CM Eknath Shinde.

Top ranker in M3M Hurun India Rich List 2026

Gautam Adani (Shah Rukh Khan led the entertainers & cricketers category).

Top Indian airline in Skytrax World Airline Awards 2026

Air India (Singapore Airlines won World's Best Airline).

Recipients of IOA memorial awards in September 2026

Raja Randhir Singh and Jaspal Rana.

Police force awarded the President's Colour in September 2026

Goa Police (presented by Union Home Minister Amit Shah).

Author of 'A Century of Service - The RSS in 100 Acts of Seva'

Dr Tamilisai Soundararajan.

Books released by VP C. P. Radhakrishnan in early September 2026

Books on 'Bhupen Hazarika' and 'Assamese Lexicography'.

Bank whose CEO declined extension initiating succession search (Sept 2026)

HDFC Bank (CEO Sashidhar Jagdishan).

Winner of Men's Asia Cup 2026

India, defeating Pakistan by 5 wickets in the final in Dubai.

Number of Men's Asia Cup titles won by India after 2026

9 titles (record-extending).

Player of the Match in Men's Asia Cup 2026 final

Tilak Varma (69* off 53 balls).

Player of the Tournament and MVP in Men's Asia Cup 2026

Abhishek Sharma (Player of the Tournament) and Kuldeep Yadav (MVP).

Reason for controversy at Men's Asia Cup 2026 presentation

India refused to accept the trophy from ACC chief Mohsin Naqvi.

Winner of Women's T20 Asia Cup 2026

India, defeating Sri Lanka by 72 runs in Dubai.

Record opening partnership in Women's T20 Asia Cup 2026 final

129 runs between Shafali Verma (68) and Smriti Mandhana (59).

Winner of Duleep Trophy 2026-27

East Zone (their 3rd title).

Host city and country for 46th Chess Olympiad 2026

Samarkand, Uzbekistan.

India's team medal results at 46th Chess Olympiad 2026

Silver in the Open section and Bronze in the Women's section.

Gold medal winning countries at 46th Chess Olympiad 2026

Open section: Uzbekistan; Women's section: China.

Trophy retained by India at 46th Chess Olympiad 2026

Nona Gaprindashvili Trophy (best combined Open and Women's performance).

Youngest Woman Grandmaster (WGM) in chess history set in Sept 2026

Bodhana Sivanandan (11 years old, representing England).

RBI Executive Director (Sept 2026)

Suman Ray (previously Regional Director, Maharashtra), appointed to head DICGC and the Premises Department.

IBBI Interim Chairperson (Sept 2026)

Jayanti Prasad took additional charge as Insolvency and Bankruptcy Board of India Chairperson.

CBSE Chairperson (Sept 2026)

IAS officer Mandeep K. Bhandari, appointed by the Appointments Committee of the Cabinet.

Lieutenant Governor of J&K (Additional Charge)

Vinai Kumar Saxena (Lt. Governor of Ladakh) was given additional charge in September 2026.

APPU Secretary-General Re-election

Dr Vinaya Prakash Singh was re-elected for a second term as Asian-Pacific Postal Union Secretary-General.

NCSK Chairperson (Sept 2026)

Bhagwat Prasad Makwana, appointed to head the National Commission for Safai Karamcharis.

World Food Programme Executive Director (2026)

Luke J. Lindberg, appointed for a five-year term in September 2026.

Ujjivan Small Finance Bank Interim Head

Carol Furtado took interim charge as MD & CEO following Sanjeev Nautiyal's early retirement.

SBICAP Securities Chief Business Officer

Mufaddal Matcheswala was appointed CBO of capital markets in September 2026.

Pine Labs Chief Operations Officer

Jayaram Karthik was elevated to Chief Operations Officer in September 2026.

Parle Biscuits First CEO

George Kovoor, former PepsiCo executive, was appointed as the company's first Chief Executive Officer.