Banking and RBI
RBI Bulletin August 2026: State of the Economy article released
25 August 2026 | Reserve Bank of India
The RBI released the August 2026 issue of its monthly Bulletin, which includes the bi-monthly monetary policy statement of 3 to 5 August 2026, six speeches, one article and current statistics. The article is on the State of the Economy.
It says the domestic economy showed resilience, the south-west monsoon picked up in July after a June deficit, headline CPI inflation rose fractionally on food inflation while core inflation remained stable, and foreign capital inflows rebounded. The views are those of the authors and not of the RBI.
Key facts- Release: RBI Bulletin, August 2026
- Article: State of the Economy
- Monsoon: picked up in July after June deficit
- Core inflation: stable
Exam takeaway: Bulletin articles carry the authors' views, not the RBI's.
Quick revision: RBI Bulletin August 2026 (RBI, 25 August 2026).
Reserve Bank of India original sourceEconomy and Finance
7-day VRRR of 24 August 2026: Rs 91,980 crore outstanding at 5.24 per cent
24 August 2026 (reported 25 August) | Reserve Bank of India
RBI's Money Market Operations release for 24 August 2026, published on 25 August, shows a 7-day Variable Rate Reverse Repo operation of Rs 91,980 crore at a cut-off rate of 5.24 per cent, maturing on 31 August 2026, and a 1-day VRRR of Rs 49,206 crore at 5.24 per cent.
Standing Deposit Facility absorbed Rs 2,30,750 crore at 5.00 per cent and MSF drawings were Rs 439 crore at 5.50 per cent that day.
Key facts- 7-day VRRR: Rs 91,980 crore at 5.24%
- 1-day VRRR: Rs 49,206 crore at 5.24%
- SDF: Rs 2,30,750 crore at 5.00%
- MSF: Rs 439 crore at 5.50%
Exam takeaway: SDF at 5.00% and MSF at 5.50% frame the corridor around the 5.25% repo rate.
Quick revision: Money market operations of 24 August (RBI, 25 August 2026).
Reserve Bank of India original sourceGovernment Schemes
Raksha Mantri approves transfer of technology of DRDO conventional missile systems to Indian industry
25 August 2026 | Press Information Bureau
PIB said Defence Minister Rajnath Singh approved the transfer of DRDO-developed technologies of all conventional missile systems to the Indian defence industry for production within the country, subject to applicable qualifications, certifications and regulatory requirements.
The objective is to enhance domestic manufacturing, create opportunities for MSMEs and other technology partners, reduce import dependence and increase domestic value addition.
Key facts- Approved by: Raksha Mantri Rajnath Singh
- Technology: DRDO-developed conventional missile systems
- Aim: indigenous production by Indian industry
- Benefits: lower import dependence, MSME participation
Exam takeaway: DRDO is the Defence Research and Development Organisation.
Quick revision: DRDO missile technology transfer approved (PIB, 25 August 2026).
Press Information Bureau original source