Banking & Insurance Current Affairs — Last 6 months
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
Tue, 07 Jul 2026
ECLGS 5.0 crosses 4.11 lakh guarantees worth over ₹1.55 lakh crore
The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has issued 4,11,497 guarantees worth ₹1,55,229 crore, with 98% of guarantees by number going to MSMEs (Finance Ministry, 7 July 2026).
PM-SETU goes nationwide; ₹1,237.58 crore industry-led ITI plans approved
The 4th National Steering Committee of PM-SETU on 7 July 2026 approved a nationwide rollout across all 200 ITI clusters and Strategic Investment Plans worth ₹1,237.58 crore in Odisha, Gujarat and Telangana.
IIM Bangalore to set up its first international campus in Indonesia
PM Narendra Modi announced on 7 July 2026 that IIM Bangalore will set up its first international campus at Singhasari SEZ, Malang, Indonesia.
PM Modi conferred Indonesia's highest civilian honour, Bintang Adipurna
President Prabowo Subianto conferred the 'Bintang Adipurna of the Republic of Indonesia', the country's highest civilian honour, on PM Narendra Modi on 7 July 2026.
Mon, 06 Jul 2026
Legal Metrology Rules amended to cut standard weights needed for high-capacity weighing instruments
The Department of Consumer Affairs amended the Legal Metrology (General) Rules, 2011 (announced 6 July 2026), cutting the standard weights needed to verify instruments of one tonne and above from 50% to 20% of capacity after a repeatability test.
e-MERLIN survey with IIA astronomer finds hidden faint black holes in nearby galaxies
An international team including Dr Aru Beri of the Indian Institute of Astrophysics used the e-MERLIN radio array to study 280 nearby galaxies and found weakly active black holes in nearly a quarter of them (DST, 6 July 2026).
Ministry of Cooperation marks 5th Foundation Day; nine national-level cooperatives in place
Union Cooperation Minister Amit Shah addressed the 5th Foundation Day of the Ministry of Cooperation on 6 July 2026, citing nine national-level cooperative societies and a database of over 32 crore members.
MoSPI releases report of the Expert Committee on Energy Statistics
MoSPI released the report of the Expert Committee on Energy Statistics, chaired by IIT Delhi Director Dr Rangan Banerjee, on 6 July 2026, recommending methods for biofuels and filling data gaps in captive power and EV electricity use.
Steel sector Q1 FY27: crude steel output 42.1 Mt, consumption up 8.3%
India produced 42.1 Mt of crude steel in April–June 2026, up 3.0%, while finished steel consumption rose 8.3% to 41.6 Mt, the Steel Ministry reported on 6 July 2026.
Sun, 05 Jul 2026
Shivraj Singh Chouhan releases first instalment of Rs 25,863 crore to States under VB-G-RAM-G
Rural Development Minister Shivraj Singh Chouhan released the first instalment (Mother Sanction) of Rs 25,863 crore to States under VB-G-RAM-G on 5 July 2026, and said no State will have a wage rate below Rs 300 a day.
India to chair UNCTAD's Ninth Session of the Intergovernmental Group of Experts on Consumer Protection
India, represented by Consumer Affairs Secretary Nidhi Khare, will chair the Ninth Session of UNCTAD's Intergovernmental Group of Experts on Consumer Protection Law and Policy at the Palais des Nations, Geneva, from 6 to 8 July 2026, the Department of Consumer Affairs said on 5 July 2026.
Eastern Fleet ships Udaygiri, Shakti and Kavaratti conclude port call at Changi, Singapore
INS Udaygiri, INS Shakti and INS Kavaratti of the Indian Navy's Eastern Fleet, led by Rear Admiral Alok Anand, concluded a three-day port call at Changi Naval Base, Singapore (reported 5 July 2026).
15 fertiliser vessels cross Strait of Hormuz; Q1 urea output beats target
The Department of Fertilizers said on 5 July 2026 that 15 vessels carrying fertilisers and raw materials for India had safely crossed the Strait of Hormuz, and that urea output in April-June 2026 reached 71.55 LMT against a target of 67.86 LMT.
Sat, 04 Jul 2026
PM launches next phase of UDAN, 'Viksit UDAN', and inaugurates new Jodhpur Airport terminal
Prime Minister Narendra Modi launched the next phase of UDAN, the Modified UDAN Scheme with an outlay of about Rs 29,000 crore over ten years, and inaugurated the Rs 480 crore new terminal at Jodhpur Airport on 4 July 2026.
India-Israel Bilateral Investment Agreement enters into force
The Bilateral Investment Agreement between India and Israel, signed in New Delhi on 8 September 2025, entered into force on 4 July 2026, the Ministry of Finance said.
PM Modi congratulates Keiko Fujimori on winning Peru's presidential election
Prime Minister Narendra Modi congratulated Keiko Fujimori on 4 July 2026 after Peru's electoral authority declared her the winner of the 7 June presidential runoff with 50.135% of the vote.
MHA declares 23 more individuals as terrorists under UAPA
The Ministry of Home Affairs designated 23 more individuals as terrorists under the Unlawful Activities (Prevention) Act on 4 July 2026; 17 are Pakistani and 6 Indian nationals, all operating from Pakistan and PoK.
Onion procurement price for buffer raised 13% to Rs 2,125 per quintal
The government raised the procurement price of onions for the Price Stabilisation Buffer by 13%, from Rs 1,875 to Rs 2,125 per quintal, effective 4 July 2026, with procurement through NAFED and NCCF.
PM Modi greets US on 250th Independence anniversary; INS Sudarshini sails into New York for Sail4th 250
Prime Minister Narendra Modi greeted President Donald Trump and the American people on the 250th anniversary of US independence on 4 July 2026, the day sail training ship INS Sudarshini sailed into New York for the Sail4th 250 celebrations.
Fri, 03 Jul 2026
DAC approves acquisition proposals worth about Rs 52,000 crore
The Defence Acquisition Council chaired by Raksha Mantri Rajnath Singh accorded Acceptance of Necessity to proposals worth about Rs 52,000 crore on 3 July 2026, including the anti-UAV EW system 'Akash Tarang', MPATGM, MRSAM and FW-HAPS.
Amit Shah and Shivraj Chouhan review below-normal rainfall due to El Nino
Home Minister Amit Shah and Agriculture Minister Shivraj Singh Chouhan reviewed below-normal rainfall and possible drought in parts of India due to El Nino on 3 July 2026, urging a shift to low-water crops such as fodder, millets and pulses.
Goyal sets seven-point export agenda at Board of Trade, urges States to use BHAVYA scheme
Commerce Minister Piyush Goyal chaired the Board of Trade in New Delhi on 3 July 2026, laying out a seven-point export agenda, a USD 1 trillion export target and a 90-day drive in 120 priority districts, and urging States to use the BHAVYA Industrial Parks Scheme.
Sitharaman and Roland Lescure co-chair India-France Economic and Financial Dialogue in Aix-en-Provence
Finance Minister Nirmala Sitharaman and French Economy and Finance Minister Roland Lescure co-chaired the India-France Economic and Financial Dialogue in Aix-en-Provence on 3 July 2026, discussing critical minerals, cross-investment and high-speed rail.
Jal Shakti Ministry launches 7th National Water Awards
The Department of Water Resources, River Development and Ganga Rejuvenation launched the 7th National Water Awards on the MHA's Rashtriya Puraskar portal on 3 July 2026, with applications due by 28 August 2026.
Thu, 02 Jul 2026
CCEA approves better-quality rice under PMGKAY with lower broken-grain limits
The Cabinet Committee on Economic Affairs on 2 July 2026 approved cutting the permissible broken grains in PMGKAY rice to 10% for raw rice and 5% for parboiled rice, the first revision of PDS rice specifications in nearly three decades.
16th India-Japan Annual Summit: Prime Minister Takaichi Sanae's first official visit to India
Japanese Prime Minister Takaichi Sanae paid an official visit to India from 1 to 3 July 2026 for the 16th India-Japan Annual Summit with Prime Minister Narendra Modi, her first official visit to India.
INS Trikand responds to piracy attempt on MV Golden Arsenal in the Gulf of Aden
Indian Navy stealth frigate INS Trikand responded to a piracy attempt on the bulk carrier MV Golden Arsenal about 300 nautical miles east-northeast of Djibouti in the Gulf of Aden on 1 July 2026, and its boarding team sanitised the ship on 2 July.
Drugs Rules, 1945 amended to bring cell and gene therapies under CLAA framework
The Centre amended the Drugs Rules, 1945 on 2 July 2026 to bring cell or stem cell derived products, gene therapeutic products and xenografts under the Centrally License Approving Authority (CLAA) framework.
C.R. Paatil chairs 19th meeting of Empowered Task Force on Ganga
Union Jal Shakti Minister C.R. Paatil chaired the 19th meeting of the Empowered Task Force on River Ganga on 2 July 2026, which reviewed the Namami Gange Programme.
Coal imports fall nearly 13% in April 2026
India's coal imports fell to 21.13 million tonnes in April 2026 from 24.27 MT a year earlier, a drop of about 12.95%, the Ministry of Coal said on 2 July 2026.