The Nationalisation of Banks
The Three Phases of Nationalisation The transition of India’s banking sector happened in stages, each aimed at increasing the state’s grip on the financial “commanding heights.” Phase Year Action Context/Criteria Phase I 1955…
LIC Digital Transformation: MyLIC & Super Sales Saathi
MyLIC App (Customer-Facing) This application is designed as a one-stop digital solution for policyholders to manage their insurance needs without visiting a physical branch. Super Sales Saathi (Agent/Intermediary-Facing) A productivity tool aimed at…
CRISIL Report: Indian Banking Sector Resilience (April 2026)
Source: ET The GNPA Trajectory: A Decadal Cleanup The Indian banking system has moved from a state of crisis in 2018 to one of the strongest balance sheets in the world by 2026. This cleanup was driven by strict asset quality reviews (AQR), IBC-led…
IMF’s April 2026 World Economic Outlook
Why the Ranking Slipped: Nominal vs. Real GDP In economic rankings, Nominal GDP in USD is the gold standard. This means that internal growth can be overshadowed by external exchange rate movements. The 2022-23 Base Year Revision Updating the base year is…
One Liner Current Affairs
April 17&18, 2026 S. No. Topic/Event Key Highlights 1 World Bank ‘Water Forward’ Initiative Aims to improve water security for 1 billion people by 2030 with focus on sustainability and climate resilience. 2 SEBI Norm Relaxation Extended NPO…
Current Affairs For Examinations (CAFE) 2026
April 17, 2026 Explore the latest current affairs of 2026 with daily updates covering important developments from India and across the world. This section provides concise and reliable news on national events, international relations,…
The Union Territories Laws (Amendment) Bill, 2026
Source: News on Air Harmonizing the Legal Framework While the 131st Constitutional Amendment sets the stage for national expansion and reservation, this specific Bill amends three fundamental UT-related acts to ensure there is no legal vacuum at the…
PIB Summary
April 16, 2025 The Press Information Bureau (PIB) Summary is a concise and reliable source of official updates released by the Government of India. It plays a crucial role for aspirants preparing for competitive exams like UPSC, SSC, Banking, and State…
Periodic Labour Force Survey (PLFS) for March 2026
Source: PIB Context: The release details the Monthly Bulletin of the Periodic Labour Force Survey (PLFS) for March 2026. This bulletin is part of a new series initiated in January 2025 to provide monthly and quarterly estimates of labor force indicators…
The ‘MyLIC’ and ‘Super Sales Saathi’ Ecosystem
Source: PIB Context: On April 15, 2026, Life Insurance Corporation of India (LIC) took a massive leap in its digital transformation journey with the launch of two mobile applications: MyLIC and Super Sales Saathi. Launched by Shri. M. Nagaraju,…