Wow, this is genuinely historic.

₹1,980,000,000,000 😲😳
₹1.98 trillion

This is the total net profit booked by all Public Sector Banks in FY26.

Public Sector Banks have now reported profit for the 4th straight year, which clearly shows that the PSB turnaround story is becoming stronger and more structural.

Important Numbers to Remember:

1. PSB net profit growth in FY26: 11.2%
2. SBI net profit in FY26: SBI recorded its highest-ever annual net profit of ₹80,032 crore.
3. Deposit growth in FY26: 10.6% YoY
4. Advances growth in FY26: 15.7% YoY
5. Gross NPA ratio as of March 2026: 1.93%
6. Net NPA ratio as of March 2026: 0.39%
7. Recoveries from written-off accounts: ₹86,971 crore

Notice where the credit is flowing! The Ministry explicitly highlighted the RAM segment (Retail, Agriculture, and MSME). RAM advances grew by 18.1%, 15.5%, and 18.2% respectively, driving broad-based economic growth and financial inclusion

Future of PSBs looks bright!
Like Team Chapterss 🧿

Thank you!

Team Chapterss

Dear Future Officers,

If you are preparing for RBI Grade B Phase 1, Current Affairs MCQ practice is a must. That is why we have launched the Current Affairs Test Series.

You will get:
✅ 2500+ Current Affairs MCQs
✅ MCQs starting from January onwards
✅ Properly segregated month-wise tests
✅ Questions from multiple CA domains (Schemes, Reports, PIB News, RBI Notifications, ESI and finance in news)
✅ Different varieties of MCQs for better exam practice
✅ Useful for improving accuracy, recall and speed in Phase 1

The best part?

You are getting all of this for just ₹350.

If you want to increase your score in Current Affairs, don’t just read, practice MCQs regularly.

Link - https://www.chapterss.in/l/nKAE1ds

Team Chapterss

Points to note

1. The Centre has formally notified the implementation of the Viksit Bharat Guarantee for Employment and Livelihood Mission (Rural) Act, called VB-G RAM G Act.

2. The new Act will come into force in all States and Union Territories from July 1, 2026.

3. Existing e-KYC verified MGNREGA job cards will remain valid until new Gramin Rozgar Guarantee Cards are issued.

4. Workers without job cards can continue to register at the Gram Panchayat level and Workers will not be denied employment due to pending e-KYC.

5. Under the new Act, every rural household whose adult members volunteer to do unskilled manual work will be entitled to 125 days of guaranteed wage employment in a financial year. This is an increase from the existing 100-day employment guarantee under MGNREGA.

6. If employment is not provided within the prescribed time, workers will remain eligible for unemployment allowance, as per the provisions of the Act

7. The Centre has allocated ₹95,692.31 crore for the financial year 2026-27. The Ministry noted this is the highest-ever Budget Estimate (BE) allocation for a rural employment program.

8. When combining the Centre's allocation with the likely contributions from the States, the total program outlay is expected to cross a massive ₹1.51 trillion.

9. Payments will be made weekly or within 15 days from the closure of the muster roll (attendance register), failing which workers will be entitled to delay compensation.

Dear Students,

Small but important update in the NABARD ARD Course.

Earlier, the descriptive quiz had 1 question evaluated by our team. Now, we have added 2 descriptive questions in every chapter test, and both will be evaluated by our team.

The objective is simple: write more, practise more, get evaluated, and improve your descriptive score test by test.

Also, our fresh chapter, Chapter 2: Farming System and Cropping System, will begin from tomorrow.

Please revise Chapter 1 once, because a strong understanding of Chapter 1 will help you understand Chapter 2 much better.

Team Chapterss

For those who wish to join

ARD Notes, revision videos, revision notes, PYQs, objective and descriptive test 👇

📌 Buy ARD Chapter 1 – Introduction to Agriculture
Price: ₹51
Link: https://www.chapterss.in/l/JWHb6jK

📌 Buy Full ARD Course
Price: ₹600
Link: https://www.chapterss.in/l/rm6bF8W

Dear Students,

Today’s class will start at 4:00 PM

Today, Devanshu Sir will cover the 1st week of March Current Affairs (Part-2).

We have successfully completed the April coverage, and now it is time to go deeper into the month of March. Please be ready and join the session on time.

Link of session - https://youtube.com/live/hfzPDN5cY08?feature=share

Team Chapterss

Dear Future Officers,

These 7 appeals made by the PM are not just simple suggestions, they are highly exam-relevant.

They can be directly linked with:

Management: Nudge Theory and leadership
Economy: Impact on Balance of Payments

We have already covered the impact of these 7 appeals in our Daily News and Editorial Course.

Do read them carefully. This is exactly how static concepts are connected with current affairs.

Team Chapterss

Those who wish to join:

• Editorial Course | ₹350 |6 months Link: Click Here

• Complete CA Package including editorial| ₹100/month, billed annually | Link: Click Here

Dear Students,

A small reminder: please download the Chapterss App to access your study material, quizzes, updates, and important course content in one place.

Link - https://play.google.com/store/apps/details?id=com.chapterss.learners

Stay organized. Stay ahead.

Team Chapterss

Dear Future Officers,

The Daily Current Affairs Quiz for 6th May 2026 has been uploaded on the portal. Now it’s your turn, go ahead and attempt the quiz, analyze your performance, and strengthen your retention.

Do share your scores!!
Stay consistent. Every quiz takes you one step closer.

-- Team Chapterss

For those who wish to join:

• May CA Chapter (₹51) | Link: Click Here

• April CA Chapter (₹51)| Link: Click Here

• Complete CA Package (₹100) | Link: Click Here

Message of Mentor (MoM)
Topic: The Real Game of Mocks

Dear Future Officers,

If you are preparing for RBI Grade B, I am sure you must have seen different approaches towards mock tests.

Some students flex their mock scores.
Some students go under pressure after seeing low marks.
Some students attempt mocks but remain confused about what to do after that.

My dear friends, please remember one thing very clearly: mock marks are not your final reality.

If you are scoring high, maintain your calm.
If you are scoring low, again maintain your calm.

Mocks are not meant to give you overconfidence or demotivation. Mocks are meant to give you analysis.

After every mock, ask yourself three simple questions:
1. What silly mistakes did I make?
2. Were these mistakes avoidable?
3. How many marks did I lose because of these avoidable mistakes?

Now calculate those lost marks and add them to your actual mock score. You will realise that your real potential is often much higher than what the mock score is showing.

Also, after every mock, you will find some questions where you feel, “I could have solved this faster,” or “I knew this, but I approached it wrongly.” That is exactly where your learning lies.

Make a note of such mistakes.
Understand the better approach.
Do not repeat the same mistake in the next mock.

That is the real purpose of mocks.

So from now onwards, after every mock, don’t ask only,
“How many marks did I score?”

Ask:
“How many marks were actually under my control, but I lost because of my own mistakes?”

Understood?

Good Night
Team Chapterss

🌅 Good Morning, Future Officers!

Today’s Positive Manifestation

“I am grateful for my parents’ support and sacrifices. I’ll study with sincerity to make them proud and secure their future.”

“मैं अपने माता-पिता के सहयोग और त्याग के लिए आभारी हूँ। मैं पूरे मन से पढ़ाई करता/करती हूँ ताकि उन्हें गर्व और सुरक्षित भविष्य दे सकूँ।”

Repeat it 5 times and begin your day with gratitude and responsibility.

Dear Future Officers,

Camera Check ✅
Content Check ✅
Devanshu Sir Ready ✅

Now it’s your turn.

Join today’s 8 AM live class for current affairs and start your preparation with full focus.

See you sharp at 8 AM.

Link to Join - https://youtube.com/live/iamVf8umXzQ?feature=share

Team Chapterss

Hey, did you notice the hike in milk prices today?

Milk Prices Rise by ₹2/Litre

We all know that inflation means a general rise in the prices of goods and services. Here also, the rise in milk prices is definitely a case of inflation.

But the real exam-oriented question is:
Which type of inflation is this?

Answer 👇

Correct Answer: Cost-Push Inflation

What is Cost-Push Inflation?
Cost-push inflation occurs when the prices of goods and services rise because the cost of production increases. In this situation, producers face higher input costs, and to manage these rising expenses, they pass on a part of the burden to consumers through higher prices.

Why This News Reflects Cost-Push Inflation?
In this news, milk prices have increased by ₹2 per litre. The reason given is not a sudden increase in the demand for milk. Instead, the companies have clearly mentioned that the hike is due to an increase in the overall cost of operation and production of milk.

What Costs Have Increased?
The article mentions a rise in the cost of cattle feed, milk packaging film, fuel, and other operational expenses. These are important input costs in the dairy supply chain. When these costs increase, the cost of producing, packaging, and transporting milk also increases.

Role of Farmer Procurement Price
The news also mentions that farmer procurement prices have been increased. This means dairy farmers are being paid more for the milk they supply. While this supports farmer welfare, it also increases the cost for milk companies, which can then reflect in higher milk prices for consumers. The procurement price (what companies pay farmers) has increased by ₹30 per kg fat, representing a 3.7% increase compared to May 2025.

Interestingly, the companies mention this ₹2 hike is only a partial pass-through of their increased costs, trying to balance farmer welfare with consumer interests.

For more such exam-oriented insights and real-life concept decoding, you can join our Editorial Course for just ₹350.

Link - https://www.chapterss.in/l/rAfl4kI

Team Chapterss

RBI has announced a ₹30,000 crore switch auction of government bonds.

At first glance, this may look like a technical debt market update.

But for RBI, SEBI, PFRDA and IFSCA aspirants, this is an important concept linked to Government Securities and bond market.

So the real question is:

What exactly is a Switch Auction, and why does the Government use it?

Let’s decode this in simple words.

What is a Switch Auction?
A switch auction is a debt management tool used by the government, through the RBI, to exchange existing government securities with new government securities.

In simple words, the government says, “We will take back some old bonds that are maturing soon and give investors new bonds that will mature later.” So, it is not fresh borrowing in the usual sense. It is more like replacing shorter-maturity debt with longer-maturity debt.

What is Happening in This News?
In this case, the government wants to switch ₹30,000 crore worth of government bonds. The old bonds are maturing between 2027 and 2030. Through the switch auction, these bonds will be exchanged with longer-tenor government securities maturing between 2035 and 2060.

This simply means that the government is trying to push some of its near-term repayment burden into the future.

Why Does the Government Do This?
The main purpose of a switch auction is debt maturity management. When many government bonds mature within a short period, the government has to repay a large amount at once.

This creates redemption pressure on the government. Through a switch auction, the government reduces this near-term repayment pressure by replacing shorter-maturity bonds with longer-maturity bonds.

Simple Example:
Suppose the government has to repay ₹1,000 crore in 2027. Instead of repaying this amount in 2027, the government may offer investors a new bond that matures in 2040.

So, the government’s repayment obligation shifts from 2027 to 2040. This does not remove the debt, but it spreads the repayment burden over a longer period.

What does “6.79% GS 2027” mean?
6.79% GS 2027 is the name of a Government Security. Here, 6.79% means the annual coupon rate or interest rate on the bond. For example, if the face value of the bond is ₹100, the government pays ₹6.79 as interest every year.

Final Exam Takeaway:
A switch auction is used to exchange government securities maturing in the near future with longer-tenor government securities. It helps the government reduce near-term redemption pressure, smoothen the debt maturity profile, and improve public debt management

For more such exam-oriented insights and real-life concept decoding, you can join our Editorial Course for just ₹350.

Link - https://www.chapterss.in/l/rAfl4kI

Team Chapterss

Dear Future Officers,

Current Affairs is not just about reading, it is about practising MCQs again and again so that you can perform in the actual exam with speed, accuracy and confidence.

That is why we are launching our Current Affairs Test Series at just ₹350.
In this test series, you will get:

✅ 200+ MCQs from January Current Affairs
✅ 250+ MCQs from February Current Affairs
✅ 300+ MCQs from March Current Affairs
✅ 400+ MCQs from April Current Affairs
✅ 400+ MCQs from May Current Affairs
✅ 400+ MCQs from June Current Affairs
✅ 180+ MCQs on Budget & Economic Survey
✅ 200+ MCQs on Important RBI Reports

This means you are getting a complete MCQ-based practice system for Current Affairs at a very affordable price.

Note: Monthly MCQs include questions from reports, schemes, RBI notifications, PIB news, ESI + Finance in news, and Phase 1-oriented current affairs.

Course Fee: ₹350 only

Link - https://www.chapterss.in/l/nKAE1ds

Start practising.
Strengthen your Current Affairs.
Improve your score

Team Chapterss

Dear Students,

Today we are starting Chapter 2 of ARD - Farming System and Cropping System in India.

The video lecture will be uploaded at 6 PM today. All other deliverables, including notes and quizzes, will be uploaded in the course by 8 PM tomorrow.

If you want a structured preparation for ARD, you can check our complete ARD course available on the platform.

Course Link - https://www.chapterss.in/l/rm6bF8W

Dear Students,

Today’s class will start at 4:00 PM

Today, Devanshu Sir will cover the 1st week of March Current Affairs (Part-2).

We have successfully completed the April coverage, and now it is time to go deeper into the month of March. Please be ready and join the session on time.

Link of session - https://youtube.com/live/hTS4_GrCozk?feature=share

Team Chapterss

Dear Future Officers,

ARD Class 4 is LIVE now! ✅

Link - https://youtu.be/z2b-m4QLLsc

Topics covered in this class:
✅ Meaning of Farm and Farming
✅ Features of Farming System
✅ Difference between Farming System and Cropping System
✅ Approaches of Farming System
✅ Objectives of Farming System
✅ Functional Flow of Farming System
✅ Factors Affecting Farming System

Step by step, we will master ARD together.

Keep learning. Keep improving.

Team Chapterss

Dear Future Officers,

The Daily Current Affairs Quiz for 7th May 2026 has been uploaded on the portal. Now it’s your turn, go ahead and attempt the quiz, analyze your performance, and strengthen your retention.

Do share your scores!!
Stay consistent. Every quiz takes you one step closer.

-- Team Chapterss

For those who wish to join:

• May CA Chapter (₹51) | Link: Click Here

• April CA Chapter (₹51)| Link: Click Here

• Complete CA Package (₹100) | Link: Click Here