Banking and RBI
SGB 2021-22 Series VI premature redemption price fixed at Rs 15,334 per unit
4 September 2026 (carried forward; released on 4 September) | Reserve Bank of India
Carried forward from 4 September 2026: RBI announced that premature redemption of Sovereign Gold Bond SGB 2021-22 Series VI (issue date 7 September 2021) is due on 7 September 2026, after the fifth year from issue on an interest payment date.
The redemption price is Rs 15,334 per unit, based on the simple average of the closing price of gold of 999 purity of the previous three business days, as published by the India Bullion and Jewellers Association Ltd (IBJA).
Key facts- Tranche: SGB 2021-22 Series VI
- Issue date: 7 September 2021
- Premature redemption due: 7 September 2026
- Redemption price: Rs 15,334 per unit
Exam takeaway: Premature redemption of SGB is permitted after the fifth year.
Quick revision: SGB redemption price (RBI, release dated 4 September 2026).
Reserve Bank of India original sourceBanking and RBI
RBI penalises three credit information companies, total Rs 34,91,800
5 September 2026 (media report; orders dated 31 August 2026) | FinTech BizNews (media report; primary RBI page not read)
FinTech BizNews reported that RBI imposed monetary penalties totalling Rs 34,91,800 on three Credit Information Companies - Equifax, CRIF High Mark and TransUnion CIBIL - with the highest penalty on TransUnion CIBIL.
On Equifax Credit Information Services Private Limited, an order dated 31 August 2026 imposed Rs 1,19,400 for non-compliance with directions on the framework for compensation to customers for delayed updation or rectification of credit information, under Section 25(1)(iii) read with Section 23(4) of the Credit Information Companies (Regulation) Act, 2005.
Key facts- Total penalty: Rs 34,91,800
- Companies: Equifax, CRIF High Mark, TransUnion CIBIL
- Equifax penalty: Rs 1,19,400
- Order date (Equifax): 31 August 2026
Exam takeaway: CICs are regulated under the Credit Information Companies (Regulation) Act, 2005.
Quick revision: RBI penalties on three CICs (FinTech BizNews, 5 September 2026).
FinTech BizNews (media report; primary RBI page not read) original sourceGovernment Schemes
Coal Ministry clarifies position on Rs 37,500 crore coal and lignite gasification scheme
5 September 2026 | Press Information Bureau
PIB said the Ministry of Coal called press reports that the Rs 37,500 crore Scheme for Promotion of Surface Coal/Lignite Gasification Projects had attracted no applications premature and not reflective of the scheme's status.
The Union Cabinet approved the scheme on 13 May 2026 with a total outlay of Rs 37,500 crore. It aims to speed up coal and lignite gasification and the conversion of domestic coal and lignite into syngas, methanol, ammonia and urea, reducing dependence on imported feedstock.
Key facts- Scheme outlay: Rs 37,500 crore
- Cabinet approval: 13 May 2026
- Products targeted: syngas, methanol, ammonia, urea
- Ministry: Coal
Exam takeaway: Gasification converts coal into syngas, a mix of carbon monoxide and hydrogen.
Quick revision: Coal gasification scheme clarification (PIB, 5 September 2026).
Press Information Bureau original source