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21 August 2026 · exam-relevant news
Latest digest · 21 August 2026
AI summaries of PIB, RBI, All India Radio and national newspaper reports, organised for UPSC, SSC, Banking, Railway and State-PSC revision. Every story links to its source.
24 current-affairs updates for major exams.
The Reserve Bank of India (RBI) announced a 7-day Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) on August 24, 2026, to absorb surplus liquidity. The notified amount is ₹2,50,000…
Read full storyRBI imposed ₹8.10 lakh penalty on Shri Ram Finance Corporation Pvt Ltd on August 19, 2026, for non-compliance with Governance and KYC directions. Violations included failure to obtain prior RBI approval for director app…
Read full storyRBI announced auction of 91-Day (₹9,000 cr), 182-Day (₹8,000 cr), and 364-Day (₹7,000 cr) Treasury Bills totaling ₹24,000 crore on August 27, 2026, with settlement on August 28, 2026. The auction uses price-based multip…
Read full storyRBI's Money Market Operations on August 20, 2026, show total overnight segment volume of ₹6,43,139.41 crore at a weighted average rate of 5.05%. Triparty Repo dominated with ₹4,41,475 crore volume. Key RBI operations in…
Read full storySEBI has permitted Foreign Portfolio Investors (FPIs) to use digital signatures for Power of Attorney documents, removing the requirement for notarisation and apostillisation. This regulatory reform aims to simplify and…
Read full storyFTSE Russell has designated BSE as an eligible exchange for its equity indices, with BSE main board stocks to be assessed from March 2027. New listings will undergo fast-track screening, while dual-listed companies will…
Read full storySEBI data reveals 88% of retail investors lost money in F&O trading during FY26, with retail participation declining 18% — the sharpest drop in a decade. Regulatory tightening forced many new traders out, concentrating…
Read full storyThe Central Government has re-appointed Shri Anand Gopal Mahindra as part-time, Non-official Director on the Central Board of Reserve Bank of India for a period of four years with effect from August 20, 2026, or until f…
Read full storyThe Reserve Bank of India announced a 3-day Variable Rate Reverse Repo (VRRR) auction of ₹1.5 lakh crore on August 21, 2026, under the Liquidity Adjustment Facility (LAF) to manage surplus liquidity. The auction window…
Read full storyThe Central Government has appointed Shri Somanath Sreedhara Panicker as a part-time, Non-official Director on the Central Board of the Reserve Bank of India for a four-year term effective August 20, 2026, or until furt…
Read full storyRBI's Money Market Operations on August 19, 2026 show net liquidity absorption of ₹2,81,831 crore through LAF operations. Key rates: SDF at 5.00%, VRRR at 5.24%, MSF at 5.50%. Overnight segment volume was ₹6,28,239.69 c…
Read full storyIndia's core sector growth decelerated to 5.4% in July 2024 from 6% in June, dragged by weaker iron ore, steel, and electricity output alongside contractions in fertiliser and crude oil. Cement and coal production showe…
Read full storyIndia has relaxed rules for rupee-denominated export payments, enabling exporters to invoice and receive payments in Indian rupees or foreign currencies from non-Asian Clearing Union (ACU) countries. These rupee export…
Read full storySEBI has initiated a comprehensive review of IPO regulations for SMEs after a working group submitted its report on the SME platform. The regulator identified market making and underwriting systems as key areas requirin…
Read full storyRBI Governor Sanjay Malhotra defended the early closure of the FCNR(B) deposit scheme, calling it a data-driven and prudent calibration. The decision was prompted by stronger-than-expected dollar inflows and aims to att…
Read full storySEBI plans major trading reforms to reverse foreign capital flight from Indian equities, which has hit a 17-year low. The regulator will consult industry stakeholders before implementing changes to reduce collateral req…
Read full storyThe RBI's Monetary Policy Committee (MPC) held its 62nd meeting from August 3-5, 2026, under Governor Sanjay Malhotra. The MPC unanimously voted to keep the policy repo rate unchanged at 5.25%, with SDF at 5.00% and MSF…
Read full storyThe RBI's Monetary Policy Committee (MPC), chaired by Governor Sanjay Malhotra, unanimously decided to keep the repo rate unchanged at 5.25% for the fourth consecutive time during its meeting held from August 3-5. The c…
Read full storyRBI announced an Overnight Variable Rate Reverse Repo (VRRR) auction of ₹1 lakh crore on August 20, 2026, with a 1-day tenor and reversal on August 21, 2026. The auction window operates from 9:30 AM to 10:00 AM under th…
Read full storyRBI's Money Market Operations on August 18, 2026, show total overnight segment volume of ₹6,47,255.99 crore at 5.00% weighted average rate. Key operations include Variable Rate Reverse Repo (VRRR) of ₹1,19,383 crore at…
Read full storyThe Ministry of Finance reported strong credit growth by Regional Rural Banks (RRBs) in FY 2025-26, with gross loans outstanding rising by 10.3%. RRBs maintained robust performance under RBI's Priority Sector Lending fr…
Read full storyCommerce Minister Piyush Goyal addressed a Japanese delegation in New Delhi, emphasizing the strategic India-Japan partnership and inviting deeper Japanese investments. He highlighted shared democratic values, complemen…
Read full storyThe Income Tax Department has unearthed foreign remittances worth Rs 1.29 lakh crore during a tax probe. Singapore, UAE, Hong Kong, Mauritius, and China accounted for 72.3% of total remittances, with Singapore being the…
Read full storyUnion Minister Nitin Gadkari strongly criticized consultants preparing faulty Detailed Project Reports (DPRs), linking them to 5 lakh annual road accidents and 1.8 lakh deaths in India. He announced a dual audit mechani…
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Exam-relevant stories with MCQ-ready key points, summarised by AI from PIB, RBI, All India Radio and national newspapers. Edition: 21 August 2026. Hindi appears where a translation is ready.
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The 21 August 2026 digest is free to read here. Monthly editions (English and Hindi) are listed only after both files pass source review.