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RBI Approves Appointment of Ketan Merchant as Interim CEO of Fino Payments BankIn March 2026, the Reserve Bank of India (RBI) approved the appointment of Ketan Merchant, Chief Financial Officer (CFO) of Fino Payments Bank, as the interim Chief Executive Officer (CEO) of the bank.He will perform the duties of the Managing Director (MD) and CEO under the provisions of the Banking Regulation Act, 1949, for a period not exceeding four months from the date of approval by the RBI.Key Leadership Appointments:Predecessor: He succeeded Rishi Gupta, MD and CEO of Fino Payments Bank, who stepped aside after being arrested in connection with alleged Goods and Services Tax (GST) violations.Interim CFO: The board also approved the appointment of Anup Agarwal as the Interim Chief Financial Officer (CFO) for a period of up to four months, effective from 6 March 2026.Transition to SFB: In December 2025, the RBI granted in-principle approval to Fino Payments Bank to convert into a Small Finance Bank (SFB), with 18 months to complete the transition.
RBI Approves Appointment of Ketan Merchant as Interim CEO of Fino Payments BankIn March 2026, the Reserve Bank of India (RBI) approved the appointment of Ketan Merchant, Chief Financial Officer (CFO) of Fino Payments Bank, as the interim Chief Executive Officer (CEO) of the bank.He will perform the duties of the Managing Director (MD) and CEO under the provisions of the Banking Regulation Act, 1949, for a period not exceeding four months from the date of approval by the RBI.Key Leadership Appointments:Predecessor: He succeeded Rishi Gupta, MD and CEO of Fino Payments Bank, who stepped aside after being arrested in connection with alleged Goods and Services Tax (GST) violations.Interim CFO: The board also approved the appointment of Anup Agarwal as the Interim Chief Financial Officer (CFO) for a period of up to four months, effective from 6 March 2026.Transition to SFB: In December 2025, the RBI granted in-principle approval to Fino Payments Bank to convert into a Small Finance Bank (SFB), with 18 months to complete the transition.
RBI Approves Appointment of Ketan Merchant as Interim CEO of Fino Payments BankIn March 2026, the Reserve Bank of India (RBI) approved the appointment of Ketan Merchant, Chief Financial Officer (CFO) of Fino Payments Bank, as the interim Chief Execut...
Iran Appoints Mojtaba Khamenei as New Supreme Leader In March 2026, Mojtaba Khamenei was appointed as the Supreme Leader of Iran by the Assembly of Experts, following the death of his father Ali Khamenei in airstrikes. With this appointment, he became the third Supreme Leader of the Islamic Republic of Iran.Key Details:Background: The decision was taken after a decisive vote by the members of the Assembly of Experts, the constitutional body responsible for appointing and supervising the Supreme Leader.Predecessor:He succeeded Iranian cleric Alireza Arafi, who served as interim Supreme Leader of Iran.
Iran Appoints Mojtaba Khamenei as New Supreme Leader In March 2026, Mojtaba Khamenei was appointed as the Supreme Leader of Iran by the Assembly of Experts, following the death of his father Ali Khamenei in airstrikes. With this appointment, he became the third Supreme Leader of the Islamic Republic of Iran.Key Details:Background: The decision was taken after a decisive vote by the members of the Assembly of Experts, the constitutional body responsible for appointing and supervising the Supreme Leader.Predecessor:He succeeded Iranian cleric Alireza Arafi, who served as interim Supreme Leader of Iran.
Iran Appoints Mojtaba Khamenei as New Supreme Leader In March 2026, Mojtaba Khamenei was appointed as the Supreme Leader of Iran by the Assembly of Experts, following the death of his father Ali Khamenei in airstrikes. With this appointment, he becam...
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Swiggy, HDFC Bank launch two new co-branded credit cards focused on travel and Daily Spending In March 2026, HDFC Bank Limited, and Swiggy, food delivery and quick commerce platform, jointly launched two new co-branded credit cards, ‘Swiggy BLCK HDFC Bank Credit Card’ and ‘Swiggy Ornge HDFC Bank Credit Card’ aimed at travel and daily spending rewards across food, shopping and lifestyle..These two new variants expanded their existing co-branded credit portfolio which was introduced in 2023.Key Details:Objective: These cards are designed exclusively to cover different spending segments and offer rewards in the form of cashback across various categories such as food delivery, quick commerce, online shopping and travel.Phased Roll Out: These cards will be rolled-out in a phased manner and can be applied via Swiggy application (app) or digital platforms of the bank.Swiggy BLCK HDFC: This credit card is designed specifically for higher lifestyle spending.It provides various cashbacks like: 10% cashback on Swiggy transactions; maximum 5% cashback on select entertainment, travel and e-commerce platforms; and 1% cashback on other eligible transactions.The interested customers will get 3-month Swiggy One BLCK membership.Swiggy Ornge HDFC: This credit card targets daily shoppers,It offers various cashbacks like: 5% cashback on Swiggy transactions; cashback on select everyday categories like travel and ride-hailing services; and 1% cashback on other transactions.The interested customers will get 12-month Swiggy One BLCK membership.Key Benefits: Both these new credit cards offer maximum Rs 48,000 in annual savings.In addition, these cards offer instant discounts through partner platforms like: 19% off plus 5% cashback on hotel booking through Cleartrip; 5% discount plus 5% cashback across Nykaa applications (apps).Also, the existing cardholders of the original credit cards will continue to avail their cash benefits across 30+ digital platforms including Amazon, Flipkart, and Myntra.
Swiggy, HDFC Bank launch two new co-branded credit cards focused on travel and Daily Spending In March 2026, HDFC Bank Limited, and Swiggy, food delivery and quick commerce platform, jointly launched two new co-branded credit cards, ‘Swiggy BLCK HDFC Bank Credit Card’ and ‘Swiggy Ornge HDFC Bank Credit Card’ aimed at travel and daily spending rewards across food, shopping and lifestyle..These two new variants expanded their existing co-branded credit portfolio which was introduced in 2023.Key Details:Objective: These cards are designed exclusively to cover different spending segments and offer rewards in the form of cashback across various categories such as food delivery, quick commerce, online shopping and travel.Phased Roll Out: These cards will be rolled-out in a phased manner and can be applied via Swiggy application (app) or digital platforms of the bank.Swiggy BLCK HDFC: This credit card is designed specifically for higher lifestyle spending.It provides various cashbacks like: 10% cashback on Swiggy transactions; maximum 5% cashback on select entertainment, travel and e-commerce platforms; and 1% cashback on other eligible transactions.The interested customers will get 3-month Swiggy One BLCK membership.Swiggy Ornge HDFC: This credit card targets daily shoppers,It offers various cashbacks like: 5% cashback on Swiggy transactions; cashback on select everyday categories like travel and ride-hailing services; and 1% cashback on other transactions.The interested customers will get 12-month Swiggy One BLCK membership.Key Benefits: Both these new credit cards offer maximum Rs 48,000 in annual savings.In addition, these cards offer instant discounts through partner platforms like: 19% off plus 5% cashback on hotel booking through Cleartrip; 5% discount plus 5% cashback across Nykaa applications (apps).Also, the existing cardholders of the original credit cards will continue to avail their cash benefits across 30+ digital platforms including Amazon, Flipkart, and Myntra.
Swiggy, HDFC Bank launch two new co-branded credit cards focused on travel and Daily Spending In March 2026, HDFC Bank Limited, and Swiggy, food delivery and quick commerce platform, jointly launched two new co-branded credit cards, ‘Swiggy BLCK HDFC...
BoB Becomes First Bank in India to Raise Green Infrastructure Bonds Worth Rs.10,000 CroreIn March 2026, Bank of Baroda (BoB) raised Rs.10,000 crore through Series-I long-term Green Infrastructure Bonds, becoming the first bank in India to issue domestic green bonds for infrastructure financing.The issuance marks a major step in strengthening India’s sustainable finance ecosystem and supports the bank’s Environmental, Social and Governance (ESG) initiatives.About Green Bond Is.suance:Bond Issuance Details: The seven-year bonds were placed on the Electronic Book Provider platform of the National Stock Exchange of India (NSE), Mumbai, Maharashtra.The base issue stood at Rs 5,000 crore with an equal greenshoe option of Rs 5,000 crore. Bids totalled Rs 16,415 crore, over 3 times the base size, showing strong investor confidence.Financial Terms: BoB fixed the annual cut-off coupon rate at 7.1 percent for the 7-year Green Infrastructure Bonds, securing a “greenium” due to strong investor demand for sustainable finance.Ratings: The bonds hold ‘AAA’ stable ratings from Credit Analysis and Research Limited (CARE Ratings) and Investment Information and Credit Rating Agency of India Limited (ICRA), ensuring top safety.Purpose: Proceeds will finance eligible green projects under BoB’s Green Financing Framework, such as renewable energy and sustainable infrastructure.
BoB Becomes First Bank in India to Raise Green Infrastructure Bonds Worth Rs.10,000 CroreIn March 2026, Bank of Baroda (BoB) raised Rs.10,000 crore through Series-I long-term Green Infrastructure Bonds, becoming the first bank in India to issue domestic green bonds for infrastructure financing.The issuance marks a major step in strengthening India’s sustainable finance ecosystem and supports the bank’s Environmental, Social and Governance (ESG) initiatives.About Green Bond Is.suance:Bond Issuance Details: The seven-year bonds were placed on the Electronic Book Provider platform of the National Stock Exchange of India (NSE), Mumbai, Maharashtra.The base issue stood at Rs 5,000 crore with an equal greenshoe option of Rs 5,000 crore. Bids totalled Rs 16,415 crore, over 3 times the base size, showing strong investor confidence.Financial Terms: BoB fixed the annual cut-off coupon rate at 7.1 percent for the 7-year Green Infrastructure Bonds, securing a “greenium” due to strong investor demand for sustainable finance.Ratings: The bonds hold ‘AAA’ stable ratings from Credit Analysis and Research Limited (CARE Ratings) and Investment Information and Credit Rating Agency of India Limited (ICRA), ensuring top safety.Purpose: Proceeds will finance eligible green projects under BoB’s Green Financing Framework, such as renewable energy and sustainable infrastructure.
BoB Becomes First Bank in India to Raise Green Infrastructure Bonds Worth Rs.10,000 CroreIn March 2026, Bank of Baroda (BoB) raised Rs.10,000 crore through Series-I long-term Green Infrastructure Bonds, becoming the first bank in India to issue domes...
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NITI Aayog & TEPL Partner to Drive India’s Electronics Manufacturing GrowthIn March 2026, National Institution for Transforming India (NITI Aayog), a premier policy think tank in India, collaborated with Tata Electronics Private Limited (TEPL)to drive India’s electronics manufacturing growth.The collaboration was formalized when Suman Bery, Vice-Chairman of NITI Aayog met the team of TEPL led by its Managing Director (MD) and Chief Executive Officer (CEO) Randhir Thakur.Key Details of Collaboration:Focus Areas: The discussions were mainly centred around scaling up electronics production, bolstering supply chains, and enhancing India’s participation in global value chains.Scheme support: Union Budget 2026–27 enhanced outlay for Electronics Components Manufacturing Scheme (ECMS) to Rs.40,000 crore to deepen domestic component manufacturing capacity.Key Progress: Over the last 11 years, India’s electronic sector has emerged as a global manufacturing hub of electronics components, witnessing nearly 6-times production increase and generating 2.5 million jobs.Role of TEPL: Tata Electronics is a key player in semiconductor testing, mobile and electronics components manufacturing, expected to anchor large-scale investments and innovation.
NITI Aayog & TEPL Partner to Drive India’s Electronics Manufacturing GrowthIn March 2026, National Institution for Transforming India (NITI Aayog), a premier policy think tank in India, collaborated with Tata Electronics Private Limited (TEPL)to drive India’s electronics manufacturing growth.The collaboration was formalized when Suman Bery, Vice-Chairman of NITI Aayog met the team of TEPL led by its Managing Director (MD) and Chief Executive Officer (CEO) Randhir Thakur.Key Details of Collaboration:Focus Areas: The discussions were mainly centred around scaling up electronics production, bolstering supply chains, and enhancing India’s participation in global value chains.Scheme support: Union Budget 2026–27 enhanced outlay for Electronics Components Manufacturing Scheme (ECMS) to Rs.40,000 crore to deepen domestic component manufacturing capacity.Key Progress: Over the last 11 years, India’s electronic sector has emerged as a global manufacturing hub of electronics components, witnessing nearly 6-times production increase and generating 2.5 million jobs.Role of TEPL: Tata Electronics is a key player in semiconductor testing, mobile and electronics components manufacturing, expected to anchor large-scale investments and innovation.
NITI Aayog & TEPL Partner to Drive India’s Electronics Manufacturing GrowthIn March 2026, National Institution for Transforming India (NITI Aayog), a premier policy think tank in India, collaborated with Tata Electronics Private Limited (TEPL)to driv...
GoI sets up 17-member committee for larger reforms in SEZ policyIn March 2026, the Government of India (GoI) constituted a 17-member committee to suggest larger reforms in the policy for Special Economic Zones (SEZs), as policymakers seek to revive exports amid global trade uncertainty.About 17-member committee:Composition: The committee consists of representatives from Commerce and customs department, National Institution for Transforming India (NITI) Aayog, Department for Promotion of Industry and Internal Trade (DPIIT), Central Board of Indirect Taxes & Customs (CBIC), Directorate General of Export Promotion (DGEP), export promotion council for SEZs, two development commissioners, and Department of Economic Affairs (DoEA).Timeline: The committee will submit a concept paper within six months along with its recommendations for broad-based and comprehensive reforms to formulate a SEZ 2.0 policy.Study: For this purpose, the panel will undertake a background study to review the integration of existing export promotion schemes with SEZs.
GoI sets up 17-member committee for larger reforms in SEZ policyIn March 2026, the Government of India (GoI) constituted a 17-member committee to suggest larger reforms in the policy for Special Economic Zones (SEZs), as policymakers seek to revive exports amid global trade uncertainty.About 17-member committee:Composition: The committee consists of representatives from Commerce and customs department, National Institution for Transforming India (NITI) Aayog, Department for Promotion of Industry and Internal Trade (DPIIT), Central Board of Indirect Taxes & Customs (CBIC), Directorate General of Export Promotion (DGEP), export promotion council for SEZs, two development commissioners, and Department of Economic Affairs (DoEA).Timeline: The committee will submit a concept paper within six months along with its recommendations for broad-based and comprehensive reforms to formulate a SEZ 2.0 policy.Study: For this purpose, the panel will undertake a background study to review the integration of existing export promotion schemes with SEZs.
GoI sets up 17-member committee for larger reforms in SEZ policyIn March 2026, the Government of India (GoI) constituted a 17-member committee to suggest larger reforms in the policy for Special Economic Zones (SEZs), as policymakers seek to revive e...
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Romania Ratifies Framework Agreement of International Solar AllianceIn March 2026, Sena Latif, Ambassador of Romania, submitted the Instrument of Ratification to P.S. Gangadhar, Joint Secretary and Head of Depository at the Ministry of External Affairs (MEA), formally confirming Romania’s ratification of the Framework Agreement of the International Solar Alliance (ISA).Ratification of ISA Framework Agreement:Background: In December 2023, ISA announced that Romania signed the Framework Agreement and joined as the 118th member country.Ratification: The ratification was completed after Romania deposited its Instrument of Ratification of the ISA Framework Agreement, thereby officially becoming a member of the alliance.
Romania Ratifies Framework Agreement of International Solar AllianceIn March 2026, Sena Latif, Ambassador of Romania, submitted the Instrument of Ratification to P.S. Gangadhar, Joint Secretary and Head of Depository at the Ministry of External Affairs (MEA), formally confirming Romania’s ratification of the Framework Agreement of the International Solar Alliance (ISA).Ratification of ISA Framework Agreement:Background: In December 2023, ISA announced that Romania signed the Framework Agreement and joined as the 118th member country.Ratification: The ratification was completed after Romania deposited its Instrument of Ratification of the ISA Framework Agreement, thereby officially becoming a member of the alliance.
Romania Ratifies Framework Agreement of International Solar AllianceIn March 2026, Sena Latif, Ambassador of Romania, submitted the Instrument of Ratification to P.S. Gangadhar, Joint Secretary and Head of Depository at the Ministry of External Affai...
Uttarakhand Ranks First Nationally in Effective Implementation of New Criminal Laws and ICJS 2.0In March 2026, Uttarakhand secured the first position in India in the implementation of the Inter-Operable Criminal Justice System (ICJS) 2.0, scoring 93.46 on the latest ICJS/Crime and Criminal Tracking Network & Systems (CCTNS) Progress Dashboard released by the National Crime Records Bureau (NCRB) with data up to January 2026.Haryana ranked second (93.41), followed by Assam (93.16), Sikkim (91.82), and Madhya Pradesh(MP) (90.55).About CCTNS/ICJS Progress Dashboard:Implementation of New Criminal Laws: The achievement of Uttarakhand is largely attributed to the leadership of Chief Minister(CM) Pushkar Singh Dhami, who closely monitored the implementation of the three new criminal laws in India: Bharatiya Nyaya Sanhita (BNS), Bharatiya Nagarik Suraksha Sanhita (BNSS), and Bharatiya Sakshya Adhiniyam (BSA) across the state.Digitalisation: Under ICJS 2.0, Uttarakhand implemented the ‘One Data, One Entry’ mechanism, enabling seamless data sharing among Police (Crime and Criminal Tracking Network & Systems – CCTNS), Courts (e-Courts), Jails (e-Prisons), Prosecution (e-Prosecution), and Forensic Labs (e-Forensics).
Uttarakhand Ranks First Nationally in Effective Implementation of New Criminal Laws and ICJS 2.0In March 2026, Uttarakhand secured the first position in India in the implementation of the Inter-Operable Criminal Justice System (ICJS) 2.0, scoring 93.46 on the latest ICJS/Crime and Criminal Tracking Network & Systems (CCTNS) Progress Dashboard released by the National Crime Records Bureau (NCRB) with data up to January 2026.Haryana ranked second (93.41), followed by Assam (93.16), Sikkim (91.82), and Madhya Pradesh(MP) (90.55).About CCTNS/ICJS Progress Dashboard:Implementation of New Criminal Laws: The achievement of Uttarakhand is largely attributed to the leadership of Chief Minister(CM) Pushkar Singh Dhami, who closely monitored the implementation of the three new criminal laws in India: Bharatiya Nyaya Sanhita (BNS), Bharatiya Nagarik Suraksha Sanhita (BNSS), and Bharatiya Sakshya Adhiniyam (BSA) across the state.Digitalisation: Under ICJS 2.0, Uttarakhand implemented the ‘One Data, One Entry’ mechanism, enabling seamless data sharing among Police (Crime and Criminal Tracking Network & Systems – CCTNS), Courts (e-Courts), Jails (e-Prisons), Prosecution (e-Prosecution), and Forensic Labs (e-Forensics).
Uttarakhand Ranks First Nationally in Effective Implementation of New Criminal Laws and ICJS 2.0In March 2026, Uttarakhand secured the first position in India in the implementation of the Inter-Operable Criminal Justice System (ICJS) 2.0, scoring 93....
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Overview of Finland President Alexander Stubb’s visit to India from March 4-7, 2026The President of Finland, Alexander Stubb, paid a four-day State Visit to India from 4-7 March 2026 at the invitation of Prime Minister (PM) Narendra Modi, accompanied by a high-level delegation, to strengthen cooperation in digitalisation, sustainability, innovation, and trade, resulting in the elevation of bilateral ties to a Strategic Partnership for Digitalisation and Sustainability.The visit elevated bilateral ties and marked Alexander Stubb’s first visit to India in his current capacity.Meetings: PM Narendra Modi and President Alexander Stubb held bilateral discussions to strengthen cooperation in trade, innovation, digital technologies, sustainability and multilateral forums.President Stubb met President Droupadi Murmu, Vice President (VP) Chandrapuram Ponnusami (C. P.) Radhakrishnan, and Union Minister Subrahmanyam Jaishankar, Ministry of External Affairs (MEA) during his visit to India.Raisina Dialogue: The theme of Raisina Dialogue 2026 was “Samskara – Assertion, Accommodation, Advancement.”President Alexander Stubb attended the 11th Raisina Dialogue 2026 in New Delhi (Delhi) as the Chief Guest and keynote speaker.Partnership: India and Finland elevated their bilateral ties to a Strategic Partnership for Innovation and Sustainability, focusing on Digital Technologies, Artificial Intelligence (AI), Quantum Computing, Green Hydrogen and 6G Technology.
Overview of Finland President Alexander Stubb’s visit to India from March 4-7, 2026The President of Finland, Alexander Stubb, paid a four-day State Visit to India from 4-7 March 2026 at the invitation of Prime Minister (PM) Narendra Modi, accompanied by a high-level delegation, to strengthen cooperation in digitalisation, sustainability, innovation, and trade, resulting in the elevation of bilateral ties to a Strategic Partnership for Digitalisation and Sustainability.The visit elevated bilateral ties and marked Alexander Stubb’s first visit to India in his current capacity.Meetings: PM Narendra Modi and President Alexander Stubb held bilateral discussions to strengthen cooperation in trade, innovation, digital technologies, sustainability and multilateral forums.President Stubb met President Droupadi Murmu, Vice President (VP) Chandrapuram Ponnusami (C. P.) Radhakrishnan, and Union Minister Subrahmanyam Jaishankar, Ministry of External Affairs (MEA) during his visit to India.Raisina Dialogue: The theme of Raisina Dialogue 2026 was “Samskara – Assertion, Accommodation, Advancement.”President Alexander Stubb attended the 11th Raisina Dialogue 2026 in New Delhi (Delhi) as the Chief Guest and keynote speaker.Partnership: India and Finland elevated their bilateral ties to a Strategic Partnership for Innovation and Sustainability, focusing on Digital Technologies, Artificial Intelligence (AI), Quantum Computing, Green Hydrogen and 6G Technology.
Overview of Finland President Alexander Stubb’s visit to India from March 4-7, 2026The President of Finland, Alexander Stubb, paid a four-day State Visit to India from 4-7 March 2026 at the invitation of Prime Minister (PM) Narendra Modi, accompanied...
PM Narendra Modi Inaugurates New Delhi Metro Corridors, Launches Projects Worth Rs 33,500 Crore in New DelhiIn March 2026, Prime Minister (PM) Narendra Modi inaugurated and laid the foundation stone for multiple development projects worth Rs 33,500 crore (Cr) in New Delhi, Delhi, which includes the metro expansion corridors and housing projects.He also virtually laid the foundation stone for the Kota-Bundi Greenfield Airport in Kota, Rajasthan.About Key Infrastructure Projects Launched in New Delhi:Metro Expansion: As part of the metro expansion, PM Narendra Modi inaugurated two new sections of the Pink Line and Magenta Line. The total cost for the expansion of Metro projects in New Delhi, Delhi is around Rs 18,300 Cr. With the inauguration of the Majlis Park–Maujpur Babarpur corridor, the Delhi Metro Pink Line has expanded to around 71.56 km, completing a circular metro connectivity across the city.General Pool Residential Accommodation (GPRA): He also launched redevelopment works under the GPRA programme, which aims to modernise ageing government housing colonies in the city.
PM Narendra Modi Inaugurates New Delhi Metro Corridors, Launches Projects Worth Rs 33,500 Crore in New DelhiIn March 2026, Prime Minister (PM) Narendra Modi inaugurated and laid the foundation stone for multiple development projects worth Rs 33,500 crore (Cr) in New Delhi, Delhi, which includes the metro expansion corridors and housing projects.He also virtually laid the foundation stone for the Kota-Bundi Greenfield Airport in Kota, Rajasthan.About Key Infrastructure Projects Launched in New Delhi:Metro Expansion: As part of the metro expansion, PM Narendra Modi inaugurated two new sections of the Pink Line and Magenta Line. The total cost for the expansion of Metro projects in New Delhi, Delhi is around Rs 18,300 Cr. With the inauguration of the Majlis Park–Maujpur Babarpur corridor, the Delhi Metro Pink Line has expanded to around 71.56 km, completing a circular metro connectivity across the city.General Pool Residential Accommodation (GPRA): He also launched redevelopment works under the GPRA programme, which aims to modernise ageing government housing colonies in the city.
PM Narendra Modi Inaugurates New Delhi Metro Corridors, Launches Projects Worth Rs 33,500 Crore in New DelhiIn March 2026, Prime Minister (PM) Narendra Modi inaugurated and laid the foundation stone for multiple development projects worth Rs 33,500 c...
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