โ Smart Points: โจ
โข ๐ฎ๐ณ India โ to chair โNinth Session of Intergovernmental Group of Experts (IGE) on Consumer Protection Law and Policyโ
โข ๐ Organised by โ United Nations Trade & Development (UNCTAD), at Palais des Nations in Geneva, Switzerland. ๐จ๐ญ
โข ๐ค India will be represented by โ Nidhi Khare (Secretary, DCA).
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Done International News โ โ
Week 2 of July 2026
JULY - Week 1- 2026 โ BANKING & Finance 2026
โ PayGlocal, Indiaโs cross-border payments platform launched Google Pay Card Payments
โ on its International Payment Gateway, enabling Indian merchants to access over one billion customers across more than 90 countries through a single integration.
โ Andhra Pradesh (AP)โs Kakinada Cooperative Town Bank,
โ an Urban Cooperative Bank (UCB), secured Tier-III status under the Reserve Bank of India (RBI) norms after its total deposits surpassed the Rs 2,000 crore mark with zero net NPAs.
โ Following this, the bank has become the 2nd-largest among the 46 UCBs in the state,
โ Punjab & Sind Bank Launches New Digital Initiatives on 119th Foundation Day
โ New Vision & Mission Statement: Introduced to reinforce the bankโs commitment to customer-centric banking, innovation, sustainable growth, and operational excellence
โ Navjyoti Mobile App: Launched an in-house Human Resources (HR) application to streamline employee services, improve internal communication, and enhance workforce efficiency.
โ PSB Bharat Connect Account: Launched a specialised savings account for Central and State Government employees, offering customised banking benefits and digital banking services.
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โ Securities and Exchange Board of India (SEBI) constituted an Expert Working Group (EWG) ๐
โ chaired by former Whole-Time Member (WTM) Ananta Barua at New Delhi, Delhi, to review the regulatory framework for debenture trustees under the SEBI (Debenture Trustees) Regulations, 1993. ๐
โ The group will examine stakeholder representations and net-worth norms, and recommend measures to simplify, rationalise, and strengthen the regulatory framework ๐
โ SBI Life Partners with IIT Bombay to Build Indigenous AI-Powered Cyber Defence Systems for Insurance ๐ก
โ to establish the โBharat AI & Cyber Innovation Hub for Insuranceโ ๐ค, a joint research and innovation centre aimed to build Indiaโs own deep-technology defence systems for the insurance sector.
โ BoB Partners with Japanโs Mizuho Bank ๐ฆ
โ to Enhance Collaboration in Mergers and Acquisitions (M&A) financing ๐ค
โ National Payments Corporation of India (NPCI) collaborated with HSBC India, JP Morgan Payments ๐ณ
โ to enable real-time Foreign Exchange (FX) settlement for cross-border Unified Payments Interface (UPI) transactions. ๐ฑ
โ ยป HSBC India will act as the banking partner, facilitating real-time FX rates via direct Application Programme Interface (API) integration. ๐
โ ยป JP Morgan Payments, that will support real-time FX conversion and settlement across multiple currencies. ๐
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โ ADB Approves USD 182.89 Million Loan to Upgrade Karnataka Public Schools ๐ซ๐ฎ๐ณ
โ to strengthen the public school system by establishing 500 integrated school clusters ๐, benefiting over 1 million students ๐ from pre-primary to secondary levels.
โ approved the loan under the "Strengthening Karnataka Public Schools Program." ๐
โ Razorpay Partners with NBBL to Launch Banking Connect Mobile-First NetBanking Solution ๐ฑ๐ณ
โ The platform modernises NetBanking through unified multi-bank integration, Quick Response (QR)-based and intent-driven payment flows ๐, enhancing payment efficiency and user experience.
โ IRDAI Grants Health Insurance Licence to Prudential HCL Joint Venture ๐ฅ๐ค
โ the 8th standalone health insurer in India ๐ฎ๐ณ.
โ granted during the IRDAI's 136th meeting.
โ ADB Approves USD 230 Million Loan for Chennai Water Supply & Sanitation Modernisation ๐ง๐ฟ
โ aligned with Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 and the Urban Challenge Fund ๐
โ introduction of a comprehensive ring-main water distribution system, making Chennai the first Indian city to implement this model ๐ง๐ฎ๐ณ
โ includes construction of 170 Kilometer (Km) of pipelines ๐ , upgradation of 7 water pumping stations, modernisation of 38 sewer pumping stations, and use of performance-based contracts.
โ Paytm Europe Payments S.A. ๐ช๐บ๐ณ, the European arm of One97 Communications (Paytm),
โยป secured a Payment Institution (PI) licence ๐ from Luxembourg's financial regulator Commission de Surveillance du Secteur Financier (CSSF) and registered it on the official list of payment institutions
โยป to offer regulated payment services across the European Economic Area (EEA). ๐
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โ Reserve Bank of India (RBI) imposed a combined monetary penalty of Rs 66.7 lakh on Bank of Baroda(BoB) and General Insurance Corporation of India (GIC) Housing Finance
โยป for non-compliance with regulatory directions, including Know Your Customer (KYC) norms and lending guidelines. ๐ฆ๐
โยป GIC = Rs. 3.1 Lakh ๐ธ
โยป BoB = Rs. 63.6 lakh ๐ธ
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Smart Points: ๐
โข Mintage World โ launched 200-page coffee table book โStamps, Coins, and Banknotes ๐ช Issued During the Premiership of Shri Narendra Modiโ documenting commemorative stamps, coins & currency notes issued during 2014-2019.
โข Mintage World โ worldโs 1st ๐ online museum for coins, stamps & banknotes ๐
โข The project is the brainchild of โ Sushilkumar Agrawal (Founder & CEO of Mintage World) ๐ค
โข Next volume โ planned around Sept 17, 2026 ๐
โข Coins are minted at SPMCIL mints โ Mumbai, Hyderabad, Kolkata, Noida ๐ญ
- Currency notes are printed at โ Nasik, Dewas (GoI-SPMCIL) & Mysuru, Salboni (RBI-BRBNMPL) ๐จ
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12 lakh+ registration for SBI PO 2026
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Vacancy 1500๐
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Mujhe baar baar shak hota hai
Kahin modi ji highest civilian award ko pehle hi khareed ke toh nahi rakh lete๐ตโ๐ซ
Itna badha toh kuchh ukhada bhi nahi hai unhone
Kahin modi ji highest civilian award ko pehle hi khareed ke toh nahi rakh lete๐ตโ๐ซ
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What is the Host city of 1st-ever World Yogasana Championship?
Anonymous Quiz
15%
Hyderabad
56%
Ahmedabad
9%
Surat
20%
Gandinagar
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Venezuelaโs President = Delcy Eloรญna Rodrรญguez Gรณmez
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โยฐโข๐ฉ๐๐ฃ ๐ฃ๐ฎ๐๐- ๐๐ฎ๐ป๐ธ๐ถ๐ป๐ด ๐๐ฒ๐ฒ๐ ๐ฆ
๐ Countries in news: MAY 2026 ๐ฐ โ
Trinidad & Tobago (T&T): ๐น๐น Prime Minister (PM) - Kamla-Persad Bissessar ๐คต Capital - Port of Spain ๐ Currency - Trinidad and Tobago Dollar (TTD) ๐ด โ
Jamaica: ๐ฏ๐ฒ Prime Minister (PM) โ Andrew Michael Holness ๐คต Capital โ Kingstonโฆ
.venezuela , nepal, france , slovakia,
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PM and President jointly laid the foundation stone of Indiaโs first commercialscale Coal-to-Ammonium Nitrate Project at
Anonymous Quiz
29%
Mayurbhanj
50%
Lakhanpur
21%
Chandipur
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In which of the following states GoI has decided to organise the awarenesss programme under the banner of ''PM KISAN Utasav Diwas''?
Anonymous Quiz
9%
Bihar
45%
Uttar Pradesh
20%
Odisha
22%
West Bengal
4%
Meghalaya
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VivaTech 2026 Technology Summit held in
Anonymous Quiz
13%
Paris
38%
New York
48%
Evian-lesBains
2%
None
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