🔶 National Current Affairs 1. Government Pushes Digital Banking Expansion The Government of India intensified efforts to expand digital banking infrastructure in rural areas under financial inclusion initiatives. As per recent data, digital transactions under UPI crossed 14 billion transactions in February 2026, marking a year-on-year growth of over 35%. Public Sector Banks (PSBs) were…
🔷 National Current Affairs 1. RBI Monetary Policy Update The Reserve Bank of India maintained the repo rate at 6.50% in its latest review. Inflation projection for FY 2026 revised to 5.1%, slightly above the medium-term target. GDP growth forecast retained at 6.8% for FY 2025–26. Focus areas: Liquidity management Digital payments expansion Strengthening NBFC…
🇮🇳 National Affairs Union Budget 2026–27 implementation roadmap released Focus on fiscal consolidation with fiscal deficit target set at 4.4% of GDP. Capital expenditure allocation increased to ₹12.5 lakh crore. Major push to infrastructure, green energy, and digital public infrastructure. Government expands PM Gati Shakti National Master Plan Multi-modal connectivity projects expanded to include logistics…
