Current affairs topic
Current affairs: FCNR b
Every dated, sourced entry tagged FCNR b, newest first.
- 24 Sept 2026BankingSSCState PSC & Services
Current affairs, 24 September 2026: RBI on FCNR(B) liquidity deployment and rating agencies flag repo-rate hikes
A roundup for 24 September 2026: RBI Deputy Governor Rohit Jain expects banks to deploy FCNR(B)-linked liquidity amid festive credit demand (USD 143.6 bn inflows till 18 Sep); repo rate held at 5.25% as S&P and Fitch project hikes; August CPI at 4.82%; next MPC 5–7 October.
- 7 Sept 2026BankingInsuranceDefenceSSC
Current affairs, 7 September 2026: the RBI drains near-record liquidity through VRRR auctions, and the Defence Acquisition Council clears ₹1.1 lakh crore of buys
A roundup for 7 September 2026: with banking-system liquidity near a record ₹11.16 lakh crore after the special forex scheme, the RBI absorbs about ₹6 lakh crore via overnight VRRR auctions, and the Rajnath Singh-led Defence Acquisition Council clears ₹1.1 lakh crore of acquisitions.
- 31 Aug 2026BankingSSCRailwaysState PSC & Services
Current affairs, 31 August 2026: the RBI's central board is reconstituted with S. Somanath and a reappointed Anand Mahindra, and the RBI winds up its FCNR-B swap window
A roundup for 31 August 2026: the RBI's central board is reconstituted — former ISRO chief S. Somanath joins, Anand Mahindra is reappointed, and three more non-official directors are named — and the RBI closes its special FCNR-B deposit swap window after big NRI inflows lifted forex reserves.
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