Banking and RBI
RBI releases draft Pillar 3 disclosure amendments to capital adequacy directions; comments till 2 June
19 May 2026 | Reserve Bank of India
The RBI released on 19 May 2026 draft Amendment Directions on Pillar 3 disclosure requirements, to ensure greater consistency with the Basel Pillar 3 disclosure requirements. They are the Commercial Banks - Prudential Norms on Capital Adequacy Seventh Amendment Directions, 2026 and the Small Finance Banks - Prudential Norms on Capital Adequacy Fifth Amendment Directions, 2026.
Comments are invited till 2 June 2026 through the Connect2Regulate link on the RBI website or by email to the Chief General Manager, Balance Sheet Group, Department of Regulation.
Key facts- Drafts: Commercial Banks (Seventh) and Small Finance Banks (Fifth) Capital Adequacy Amendment Directions, 2026
- Subject: Basel Pillar 3 disclosure requirements
- Comments till: 2 June 2026
- Channel: Connect2Regulate on RBI website
Exam takeaway: Pillar 3 of the Basel framework deals with market discipline through public disclosure.
Quick revision: RBI draft Pillar 3 amendments, 19 May 2026; comments till 2 June (RBI).
Reserve Bank of India original sourceBanking and RBI
RBI to conduct Rs 1,50,000 crore 5-day Variable Rate Repo auction on 20 May
19 May 2026 | Reserve Bank of India
After a review of current and evolving liquidity conditions, the RBI decided to conduct a 5-day Variable Rate Repo (VRR) auction under the LAF on Wednesday, 20 May 2026, for a notified amount of Rs 1,50,000 crore.
The window is 9:30 AM to 10:00 AM and the date of reversal is Monday, 25 May 2026.
Key facts- Auction: 5-day VRR under LAF on 20 May 2026
- Notified amount: Rs 1,50,000 crore
- Window: 9:30 to 10:00 AM
- Reversal: 25 May 2026
Exam takeaway: A VRR auction injects liquidity for a fixed tenor at a rate discovered through bidding.
Quick revision: RBI 5-day VRR auction 20 May 2026: Rs 1,50,000 crore; reversal 25 May (RBI).
Reserve Bank of India original sourceGovernment Schemes
Jal Shakti Minister launches State Water Reforms Framework at Brahmaputra Board meeting
19 May 2026 | Press Information Bureau
PIB said that at the 14th meeting of the High-Powered Review Board of the Brahmaputra Board in Guwahati on 19 May 2026, chaired by Jal Shakti Minister C. R. Patil, the State Water Reforms Framework (SWRF) was launched to strengthen water governance reforms across States and UTs.
The Minister said water security is central to the vision of Viksit Bharat @2047 and that sustainable water management needs governance systems, policies, institutions, technology and community participation.
Key facts- Launched: State Water Reforms Framework (SWRF)
- Occasion: 14th HPRB meeting of the Brahmaputra Board, Guwahati, 19 May 2026
- Chair: C. R. Patil, Minister of Jal Shakti
- Goal: stronger water governance across States and UTs
Exam takeaway: The Brahmaputra Board is a statutory body under the Ministry of Jal Shakti for the Brahmaputra and Barak basins.
Quick revision: SWRF launched at 14th Brahmaputra Board HPRB meeting, 19 May 2026 (PIB).
Press Information Bureau original sourceNational and International Affairs
Railways sanctions Rs 238 crore safety works on Jammu-Katra section
19 May 2026 | Press Information Bureau
PIB said Indian Railways has approved slope stabilisation, tunnel rehabilitation and bridge protection works on the Jammu-Shri Mata Vaishno Devi Katra section of Northern Railway at a cost of Rs 238 crore, Railway Minister Ashwini Vaishnaw said on 19 May 2026.
The works also treat tunnel seepage and other safety interventions at vulnerable locations, for the long-term safety and reliability of the section.
Key facts- Sanctioned: Rs 238 crore
- Section: Jammu-Shri Mata Vaishno Devi Katra, Northern Railway
- Works: slope stabilisation, tunnel rehabilitation, bridge protection
- Announced by: Ashwini Vaishnaw, 19 May 2026
Exam takeaway: Slope stabilisation reduces landslide risk along rail cuttings in hilly terrain.
Quick revision: Railways sanctions Rs 238 crore for Jammu-Katra section safety works (PIB, 19 May).
Press Information Bureau original source