Banking and RBI
RBI keeps FPI debt limits unchanged for FY27, raises absolute ceilings
6 April 2026 | Reserve Bank of India decision, as reported by CNBC-TV18
CNBC-TV18 reported on 6 April 2026 that the Reserve Bank of India kept the limits for foreign portfolio investor (FPI) investment in debt unchanged for FY 2026-27, while raising the overall investment ceiling and restructuring the framework to improve participation.
Limits remain at 6 per cent for government securities (G-Secs), 2 per cent for State Development Loans (SDLs) and 15 per cent for corporate bonds. The absolute FPI debt ceiling rises to Rs 15.52 lakh crore for April to September 2026 and Rs 16.33 lakh crore for October 2026 to March 2027.
The report said the RBI removed the long-term sub-categories for incremental G-Sec limits and gave the entire increase in SDL limits to the general category. Citing SBI Research, it said utilisation under the non-Fully Accessible Route stood at about 18 per cent as of March 2026.
Key facts- Limits unchanged: 6% G-Secs, 2% SDLs, 15% corporate bonds
- Absolute ceiling: Rs 15.52 lakh crore (Apr-Sep 2026)
- Absolute ceiling: Rs 16.33 lakh crore (Oct 2026-Mar 2027)
- Non-FAR utilisation: about 18% in March 2026, per SBI Research
Exam takeaway: The Fully Accessible Route lets FPIs buy specified government securities without investment limits.
Quick revision: RBI FY27 FPI debt: caps unchanged; ceiling Rs 15.52 lakh crore then Rs 16.33 lakh crore.
Reserve Bank of India decision, as reported by CNBC-TV18 original sourceAppointments, Awards and Important Days
Vinay Muralidhar Tonse takes charge as YES Bank MD and CEO
6 April 2026 | YES Bank statement, as reported by Fortune India and The Hindu BusinessLine
YES Bank announced on Monday, 6 April 2026, that Vinay Muralidhar Tonse took charge as Managing Director and CEO with effect from 6 April for three years. He takes over from Prashant Kumar, whose extended tenure ended on 5 April. The terms are as approved by the RBI and subject to shareholder approval, the bank said.
Tonse began his career as a Probationary Officer with SBI in 1988 and was Managing Director (Retail Business and Operations) at SBI from November 2023 to November 2025. Prashant Kumar, earlier a Deputy Managing Director and CFO at SBI, became YES Bank's MD and CEO in March 2020 after its reconstruction.
Key facts- Bank: YES Bank
- New MD and CEO: Vinay Muralidhar Tonse, from 6 April 2026
- Term: three years; predecessor Prashant Kumar (to 5 April)
- Earlier post: Managing Director, SBI
Exam takeaway: Appointments of bank heads are subject to RBI approval under the Banking Regulation Act.
Quick revision: YES Bank MD and CEO: Vinay Tonse, 3 years from 6 Apr 2026.
YES Bank statement, as reported by Fortune India and The Hindu BusinessLine original sourceAppointments, Awards and Important Days
International Day of Sport for Development and Peace, 6 April
6 April 2026 | United Nations
The United Nations observes the International Day of Sport for Development and Peace on 6 April. Its page gives the 2026 theme as 'Sport: Building Bridges, Breaking Barriers'.
The UN says the 2026 observance will highlight evidence-based approaches showing how sport contributes to the 2030 Agenda for Sustainable Development, especially health, gender equality, reduced inequalities and peaceful, inclusive societies.
Key facts- Day: International Day of Sport for Development and Peace
- Date: 6 April every year
- 2026 theme: Sport: Building Bridges, Breaking Barriers
- Link: 2030 Agenda for Sustainable Development
Exam takeaway: UN observance days and themes are frequent static questions.
Quick revision: Sport for Development and Peace Day: 6 April; 2026 theme 'Building Bridges, Breaking Barriers'.
United Nations original source