The most important current affairs of 12 September 2026, curated for Banking, SSC & RBI Grade B exams.
1. Colombo Security Conclave’s Table Top Exercise in Vizag for Maritime Security
Relevance for Banking, SSC & RBI Grade B exams: Security
Colombo Security Conclave conducted a 3-day Table Top Exercise in Vizag to combat illegal maritime activities like piracy, drug trafficking & human smuggling
2. UPI’s Decade of Impact: How India’s Payment Revolution Boosted Financial Inclusion
Relevance for Banking, SSC & RBI Grade B exams: Economy
Former RBI Governor D. Subbarao highlights UPI’s role in transforming financial inclusion and India’s digital economy over the past decade. Explore its ecosys
3. RBI Rejects Tata Sons’ NBFC Licence Surrender: Mandatory Listing Looms
Relevance for Banking, SSC & RBI Grade B exams: Economy
The Reserve Bank of India (RBI) has rejected Tata Sons’ bid to surrender its non-banking financial company (NBFC) licence, effectively forcing the Tata Group’s holding company to comply with mandatory stock-market listing norms. The RBI conveyed its decision through a letter to Tata Sons’ company secretary and CFO, closing an application filed in March 2024 to deregister as a core investment company under the NBFC framework. This rejection comes despite Tata Sons repaying over ₹21,000 crore in debt in 2024 to become debt-free and attempting to exit the NBFC regime entirely. The RBI had classified Tata Sons as an “Upper Layer NBFC” in September 2022, requiring it to list within three years, with the original deadline set for September 30, 2025. The central bank’s move underscores its strict adherence to the revised scale-based regulatory framework for NBFCs, introduced in October 2021, which imposes stricter oversight on larger entities. Under the new norms effective June 2026, Tata Sons’ standalone assets of over ₹2 lakh crore automatically qualify it for the Upper Layer, leaving no regulatory loophole for exemption.
This development holds significant relevance for aspirants preparing for Banking, SSC, and RBI Grade B exams, particularly in the economy and financial governance segments. For banking exams like IBPS PO, SBI Clerk, and RBI Grade B, understanding the RBI’s regulatory framework for NBFCs—especially the classification into layers and mandatory listing requirements—is crucial. The case highlights the RBI’s role in maintaining financial stability and transparency, a key topic in economic governance sections. For SSC exams, which often test awareness of current financial regulations and corporate governance, this incident serves as a practical example of how regulatory bodies enforce compliance. Additionally, the dispute between Tata Trusts and the Shapoorji Pallonji Group over the listing adds a layer of corporate governance complexity, relevant for questions on shareholder rights and regulatory oversight. Aspirants should note the RBI’s proactive stance in enforcing norms, the implications of the Upper Layer classification, and the broader impact on conglomerates with large asset bases.
Source: orissapost.com
4. Cuddalore Collector Cracks Down on Erroneous Breakfast Scheme Circular
Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance
Cuddalore Collector orders disciplinary action after schools were wrongly directed to fund Perunthalaivar Kamarajar Breakfast Scheme utensils from own funds.
5. MP’s Ladli Behna Scheme 40th Installment: ₹1,500 for 1.25 Cr Women Explained
Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance
Madhya Pradesh CM Mohan Yadav releases 40th installment of Ladli Behna Scheme. ₹1,835 crore transferred to 1.25 crore women’s accounts. Key for Bank PO, SSC,
6. BRICS Summit 2026: AI in Education & Global University Rankings Explained for Exams
Relevance for Banking, SSC & RBI Grade B exams: Economy/Governance
BRICS leaders endorse AI in education, push for global university ranking system. India’s initiative on indigenous knowledge systems approved. Key for Banking
7. Koraput Coffee at BRICS Summit 2026: Odisha’s Global Branding Triumph
Relevance for Banking, SSC & RBI Grade B exams: International Relations
Odisha’s Koraput Coffee, grown by tribal farmers, was served at the 18th BRICS Summit 2026 in New Delhi, boosting Odisha’s global brand recognition and rural
8. Women Commission Chairperson Reviews Healthcare & Police Facilities in Shivamogga
Relevance for Banking, SSC & RBI Grade B exams: Polity
Karnataka Women Commission Chairperson Nagalakshmi Choudhary inspected McGann Hospital and Women Police Station in Shivamogga, addressing staff conduct, delay
9. BKTC Board Meeting Reviews Char Dham Yatra 2026 Phase 2 Preparations
Relevance for Banking, SSC & RBI Grade B exams: International Relations
BKTC reviews second phase of Char Dham Yatra 2026. Learn about temple committee’s preparations, registration data, and infrastructure upgrades for Uttarakhand
10. BRICS Pushes IMF-World Bank Reforms & Slams Unilateral Tariffs in 2026
Relevance for Banking, SSC & RBI Grade B exams: International Relations
BRICS nations demand IMF-World Bank reforms for emerging markets, criticize unilateral tariffs, sanctions, and WTO dispute-settlement delays. Key for Banking/
11. BRICS 2026 Declaration: Women’s Role in Governance & Economy Highlighted
Relevance for Banking, SSC & RBI Grade B exams: International Relations
BRICS leaders 2026 emphasize women’s participation in governance, economy, peacebuilding & climate action. Key focus on financial inclusion, skill development
12. Modi Pushes for Global South Leadership at BRICS Summit 2026
Relevance for Banking, SSC & RBI Grade B exams: International Relations
PM Modi urges Global South to shape global rules at BRICS Summit 2026, proposes UNSC reforms & 10 governance proposals to counter Western dominance in decisio
13. BRICS avoids dollar challenge; focuses on payment systems, not currency
Relevance for Banking, SSC & RBI Grade B exams: International Relations
BRICS finance track prioritizes interoperable payment systems and local-currency settlements over a common currency. No formal call to replace the US dollar d
14. SEBI Proposes Changes to Derivatives Settlement Price Methodology: Key Changes Explained
Relevance for Banking, SSC & RBI Grade B exams: Economy
SEBI floats consultation paper proposing changes to expiry-day settlement price methodology for index and stock derivatives. Know the two proposed options and
15. BRICS Summit 2026: Modi Hosts Putin, Xi in New Delhi for Global Economic Stability
Relevance for Banking, SSC & RBI Grade B exams: International Relations
The two-day BRICS Summit in New Delhi, inaugurated by Prime Minister Narendra Modi, marks a pivotal moment for the grouping as it expands its influence with the inclusion of new members like Egypt, Ethiopia, Iran, UAE, Saudi Arabia, and Indonesia. Against the backdrop of global economic uncertainties—triggered by the Russia-Ukraine war, the West Asia crisis, and shifting U.S. trade policies—the summit focuses on resilience, innovation, cooperation, and sustainability. Modi’s emphasis on securing sea lanes and protecting seafarers highlights India’s strategic concerns over regional stability, particularly the Strait of Hormuz blockade, which directly impacts global trade flows. For banking and SSC aspirants, this summit underscores the geopolitical risks affecting trade finance, supply chains, and cross-border payments, a critical area for exams like RBI Grade B, where questions on international economic blocs and their implications for monetary policy are common. The summit’s discussions on digital public infrastructure and fintech also align with the evolving landscape of financial services, making it relevant for aspirants preparing for Bank PO and IBPS exams, where current affairs often intersect with economic policies and technological advancements.
The BRICS grouping, now representing nearly 50% of the global population and 40% of GDP, serves as a counterbalance to Western-dominated financial institutions, offering alternative trade and investment frameworks. The summit’s agenda on enhancing intra-BRICS cooperation in trade, energy, and high technology reflects the bloc’s growing role in shaping global economic governance. For RBI Grade B and SSC aspirants, this highlights the importance of understanding multilateral groupings and their impact on India’s economic policies, including currency management and foreign exchange reserves. Additionally, the summit’s focus on faster, safer cross-border payments ties into the broader theme of financial inclusion and digital transformation, a key area for competitive exams that test awareness of global financial systems and regulatory frameworks. Aspirants should note how such summits influence India’s stance on international financial reforms, trade agreements, and technological collaborations, all of which are frequently tested in exams.
Source: orissapost.com
16. Xi Jinping’s New Delhi Visit: Key Takeaways for BRICS Summit & Modi Talks
Relevance for Banking, SSC & RBI Grade B exams: International Relations
Chinese President Xi Jinping arrives in New Delhi for the 18th BRICS Summit, set to hold talks with PM Modi. Explore key agenda points, bilateral relations, a
17. Sukh Samman Nidhi Scheme: 2.41 Lakh Applications in 8th Phase, Key Facts for Exams
Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance
Himachal Pradesh’s Sukh Samman Nidhi scheme enters 8th phase with 2.41 lakh applications. ₹1,500 to 2.5 lakh women, 300 free electricity units. Gandhi Jayanti
18. Kerala Rights Panel Orders Rehabilitation for Tribal Families After 7 Years in Plastic Tents
Relevance for Banking, SSC & RBI Grade B exams: Society
Kerala State Human Rights Commission directs Malappuram authorities to rehabilitate 26 Paniya tribal families living in plastic tents since 2019 floods, citin
19. Climate Change: A Major Economic Risk for Banking & SSC Exams 2026
Relevance for Banking, SSC & RBI Grade B exams: Environment
KSPCB chairman warns climate change is now an economic risk. Learn key ESG trends, resilience strategies, and exam-relevant insights for Bank PO, SSC & RBI Gr
20. CIMS Portal: Half-Yearly Returns for Natural Calamity Relief Measures
Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance
Government introduces half-yearly returns via CIMS portal for relief measures in natural calamity-affected areas. Key for UPSC, SSC, and banking exam aspirant
21. Andhra Pradesh Excise Shops Policy 2026-27: Key Updates for Banking & SSC Exams
Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance
Andhra Pradesh notifies Excise Shops Policy 2026-27 retaining 3,736 liquor outlets. Know renewal rules, RET rates, digital monitoring & Geetha Kulalu reservat
22. RBI to Auction ₹24,000 Crore Treasury Bills on Sep 16, 2026: Key Details for Banking Exams
Relevance for Banking, SSC & RBI Grade B exams: Polity
The Reserve Bank of India (RBI) has announced the auction of 91-day, 182-day, and 364-day Treasury Bills (T-Bills) with a total notified amount of ₹24,000 crore, scheduled for September 16, 2026. The auction will follow a price-based multiple price method, where bids are submitted electronically via the RBI’s E-Kuber system between 10:30 AM and 11:30 AM for competitive bids and 10:30 AM to 11:00 AM for non-competitive bids. Successful bidders must make payments by September 17, 2026. The auction allows participation from state governments, union territories with legislatures, provident funds, foreign central banks, and retail investors, with the latter restricted to a maximum of 5% of the notified amount through the Retail Direct portal. The RBI has also outlined contingency measures, including physical bid acceptance in case of system failure and dedicated contact details for technical and auction-related difficulties.
This auction is significant for banking and competitive exam aspirants as it highlights key aspects of India’s debt management and monetary policy, which are frequently tested in exams like IBPS, SBI, RBI Grade B, and SSC. Understanding Treasury Bill auctions helps candidates grasp the RBI’s liquidity management tools, the role of T-Bills in government borrowing, and the auction process, including competitive and non-competitive bidding. For RBI Grade B aspirants, this topic is crucial as it ties into monetary policy operations and the transmission mechanism of interest rates. Similarly, SSC candidates preparing for economics or finance sections benefit from knowing the auction mechanics, participant categories, and settlement timelines, which are often asked in descriptive or objective questions.
Source: RBI
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