Daily Current Affairs — 4 August 2026 — Banking
**1 story for Banking today**, across Schemes. Leading today: 18.45 lakh trained, 12.35 lakh placed under DDU-GKY
↗ ca-service · 04 Aug 2026Read the digest →
IBPS PO — current affairs
The current affairs that move the IBPS PO needle — cited, dated and mapped to what IBPS PO actually asks. See the full IBPS PO guide for syllabus, pattern and cut-off.
7 cited items · for IBPS PO aspirants
18.45 lakh trained, 12.35 lakh placed under DDU-GKY
PIB released a review of DDU-GKY implementation progress on 04 AUG 2026. Since the scheme's launch in 2014-15, 18.45 lakh rural poor have been trained and 12.35 lakh youth have been provided paid employment across various sectors of the economy. A review meeting on DDU-GKY implementation was held on 04.08.2026 under the chairmanship of State Minister Pemmassani Chandrasekhar, who reviewed the progress of DDU-GKY 2.0 and key digital reforms.
Daily Current Affairs — 1 August 2026 — Banking
**3 stories for Banking today**, across Banking & Financial. Leading today: RBI issues Interest Rate on Deposits Amendment Directions, effective October 1, 2026
↗ ca-service · 01 Aug 2026Read the digest →
RBI Treasury Bills auction cut-off yields for July 29, 2026
The Reserve Bank of India released the full Treasury Bills auction result for July 29, 2026. The 91-day bill cut off at an implicit yield of 5.3402 per cent, the 182-day at 5.5977 per cent and the 364-day at 5.7393 per cent. Notified amounts were ₹9,000 crore, ₹8,000 crore and ₹7,000 crore respectively, and the full notified face value of each tenor was accepted.
↗ ca-service · 01 Aug 2026Full analysis →
Banks' 1-year median MCLR rose to 8.60% in July 2026
The 1-year median marginal cost of funds based lending rate (MCLR) of scheduled commercial banks rose to 8.60 per cent in July 2026 from 8.50 per cent in June, while the weighted average lending rate on fresh rupee loans stood at 8.53 per cent in June 2026. The weighted average domestic term deposit rate on fresh rupee deposits was 5.99 per cent that month. The figures cover scheduled commercial banks excluding regional rural banks and small finance banks.
↗ ca-service · 01 Aug 2026Full analysis →
RBI issues Interest Rate on Deposits Amendment Directions, effective October 1, 2026
The Reserve Bank of India has issued its final Interest Rate on Deposits Amendment Directions, 2026, which come into effect from October 1, 2026. The directions span six categories of banks — commercial, small finance, regional rural, payment, local area and urban co-operative banks. They follow a draft the RBI released on June 5, 2026, that proposed greater flexibility for banks in pricing their Rupee bulk deposits while ensuring uniformity in disclosure of interest rates on deposits.
↗ ca-service · 01 Aug 2026Full analysis →
RBI holds the repo rate at 5.75% in the June 2026 review
The MPC kept rates and a neutral stance on easing inflation — the key Banking & Economy update of the week.
↗ AimTheTarget Editorial · 24 Jun 2026Full analysis →
Make current affairs a daily habit
Free to read everything. Sign in to take the daily quiz, build a streak and get the digest where you already are.