AU Small Finance Bank Launches Four New Credit Cards
Background & Concept What is AU Small Finance Bank? AU Small Finance Bank (AU SFB) is one of India’s leading Small Finance Banks (SFBs), headquartered in Jaipur, Rajasthan. It was incorporated in 1996 as a Non-Banking Financial Company (NBFC)…
RBI Cancels Licence of Mumbai-based Sarvodaya Co-operative Bank
Source: BS Background & Concept What Happened? The Reserve Bank of India (RBI) has cancelled the banking licence of Sarvodaya Co-operative Bank Limited, a Mumbai-based urban co-operative bank, effective 12 May 2026. The decision was taken because the…
One Current Affairs
May 14, 2026 Sector Event Key Highlights Rural Development VB-G RAM G Act, 2025 notified Ministry of Rural Development (MoRD) announced implementation of the Viksit Bharat–Guarantee for Rozgar and Ajeevika Mission (Gramin) Act from July 1, 2026,…
Current Affairs For Examinations (CAFE) 2026
May 13, 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,…
One Liner Current Affairs
May 13, 2026 S.No Topic Key Highlights 1 PM Modi Visits Gujarat Participated in Somnath Amrut Mahotsav on May 10–11, 2026 2 Somnath Amrut Mahotsav PM released commemorative stamp and ₹75 coin 3 Sardar Dham Education Support Yojana Gujarat launched ₹500…
Pradhan Mantri Gram Sadak Yojana – Phase IV (PMGSY-IV)
Background & Concept What is PMGSY? Pradhan Mantri Gram Sadak Yojana (PMGSY) is a 100% centrally-sponsored scheme launched on 25 December 2000 under the Ministry of Rural Development (MoRD). Its primary objective is to provide all-weather road…
The National Jute Board (NJB) & Jute Crop Information System (JCIS)
Source: PIB Background & Concept What is the National Jute Board (NJB)? The National Jute Board (NJB) is the apex body under the Ministry of Textiles, Government of India, responsible for the promotion and development of the jute sector. It was…
SEHAT Mission
Source: PIB Background & Concept What is the Bhimmandali Eco Heritage Site? The Bhimmandali Eco Heritage Site, located in the Naktideul Block of Sambalpur district, is being developed as a dedicated eco-heritage destination in western Odisha. With a…
Retail Inflation Climbs to 13-Month High in April 2026
Source: TH Background & Concept What is Retail Inflation (CPI)? Retail inflation in India is measured by the Consumer Price Index (CPI), which tracks the change in the price level of a basket of goods and services consumed by households. It is…
GARUDA Mechanism
Source: BS Background & Concept What is the GARUDA Mechanism? The GARUDA Mechanism is a proposed regulatory framework by SEBI to fast-track the launch of AIF schemes in India. Released through a discussion paper for public comments in May 2026, the…