The most important current affairs of 19 August 2026, curated for Banking, SSC & RBI Grade B exams.
1. MPC Meeting August 2026: RBI Keeps Repo Rate Unchanged at 5.25%
Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance
RBI’s 62nd Monetary Policy Committee meeting (Aug 3-5, 2026) kept repo rate unchanged at 5.25%. Know key decisions, MPC members, and policy stance for banking
2. Kerala CM Faces BJP Demand to Clarify Stand on PM SHRI Scheme
Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance
BJP demands Kerala CM V.D. Satheesan clarify his stance on PM SHRI scheme after Panchayat Minister K.M. Shaji called it to be ‘flushed down the drain’. Know k
3. Supreme Court Allows Parents to Evict Children from Property for Elderly Care
Relevance for Banking, SSC & RBI Grade B exams: Polity
Supreme Court rules elderly parents can evict children disrupting their care or security. Know key legal provisions under Senior Citizens Act 2007 and its imp
4. RBI Auction Results: 91/182/364-Day T-Bills Yield Insights for Banking Exams
Relevance for Banking, SSC & RBI Grade B exams: Polity
RBI’s Aug 19, 2026 T-Bill auction results: 91-day yield 5.26%, 182-day 5.57%, 364-day 5.74%. Key for Banking, SSC & RBI Grade B Polity/Currents Affairs prep.
5. RBI Auction Results: 91-Day, 182-Day & 364-Day T-Bill Cut-off Yields Explained for Exams
Relevance for Banking, SSC & RBI Grade B exams: Polity
The Reserve Bank of India (RBI) recently announced the auction results for 91-day, 182-day, and 364-day Treasury Bills (T-Bills), with the total notified face value set at ₹9,000 crore, ₹8,000 crore, and ₹7,000 crore respectively. The cut-off prices for these T-Bills were ₹98.7055 (yielding 5.2603%), ₹97.2987 (yielding 5.5678%), and ₹94.5881 (yielding 5.7373%), with the entire notified amount accepted in each case. This outcome reflects strong market demand, as the RBI successfully absorbed the notified amounts at competitive yields, indicating investor confidence in short-term government securities amid evolving macroeconomic conditions. For banking and SSC aspirants, understanding T-Bill auctions is crucial as they serve as benchmarks for interest rates, liquidity management, and monetary policy transmission—key areas often tested in exams like IBPS, SBI, and RBI Grade B.
For RBI Grade B aspirants, the auction results highlight the RBI’s role in managing liquidity and influencing short-term rates, a critical aspect of monetary policy. The yields on T-Bills are closely watched indicators of market expectations regarding inflation, growth, and policy rates, making them relevant for economic and financial awareness sections. SSC aspirants preparing for exams like CGL or CHSL should note that T-Bills are part of the government’s borrowing program and are often featured in questions related to fiscal policy, public debt, or financial instruments. Similarly, banking exams emphasize the role of T-Bills in asset-liability management, repo operations, and the RBI’s tools for liquidity adjustment, reinforcing their importance in both theoretical and practical contexts.
Source: RBI
6. Karnataka HC quashes Governor’s suspension of KPSC Chairperson; President orders inquiry
Relevance for Banking, SSC & RBI Grade B exams: Polity
Karnataka High Court sets aside Governor’s suspension of KPSC Chairperson Shivashankarappa S. Sahukar, citing lack of Cabinet aid. President orders Supreme Co
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