Banking and RBI
RBI recognises Unified Fintech Forum as a Self-Regulatory Organisation in the FinTech sector
10 September 2026 | Reserve Bank of India
RBI said it had earlier recognised FinTech Association for Consumer Empowerment (FACE) as the first Self-Regulatory Organisation in the FinTech Sector (SRO-FT), by a press release dated 28 August 2024.
It has since received an application from the Unified Fintech Forum (UFF), examined it against the requirements of the framework, and decided to accord recognition to UFF as an SRO-FT.
Key facts- Newly recognised: Unified Fintech Forum (UFF)
- First SRO-FT: FinTech Association for Consumer Empowerment (FACE)
- FACE recognition date: 28 August 2024
- Release date: 10 September 2026
Exam takeaway: An SRO sets standards and monitors conduct among its members.
Quick revision: UFF recognised as SRO-FT (RBI, 10 September 2026).
Reserve Bank of India original sourceBanking and RBI
Government announces Rs 28,000 crore sale of 7.06% GS 2041 and 7.43% GS 2076, auction on 18 September
10 September 2026 (announcement) | Reserve Bank of India
The RBI announced, for the Government of India, the sale (re-issue) of two dated securities for a notified amount of Rs 28,000 crore: 7.06% GS 2041 (Rs 17,000 crore, repayment 27 July 2041) and 7.43% GS 2076 (Rs 11,000 crore, repayment 19 January 2076).
The auction is scheduled for 18 September 2026 with settlement on 21 September. The Government may retain additional subscription up to Rs 2,000 crore against each security. The auction result is a separate release.
Key facts- 7.06% GS 2041 notified amount: Rs 17,000 crore
- 7.43% GS 2076 notified amount: Rs 11,000 crore
- Auction date (scheduled): 18 September 2026
- Greenshoe: up to Rs 2,000 crore per security
Exam takeaway: Total notified amount is Rs 28,000 crore.
Quick revision: Rs 28,000 crore G-Sec auction announced (RBI, 10 September 2026).
Reserve Bank of India original sourceBanking and RBI
SGB 2019-20 Series X premature redemption price fixed at Rs 15,328 per unit
10 September 2026 | Reserve Bank of India
RBI announced that premature redemption of Sovereign Gold Bond SGB 2019-20 Series X (issue date 11 March 2020) is due on 11 September 2026. The redemption price is Rs 15,328 per unit, based on the simple average of the closing price of 999-purity gold of the previous three business days as published by IBJA.
Premature redemption is permitted after the fifth year from the date of issue, on an interest payment date.
Key facts- Tranche: SGB 2019-20 Series X
- Issue date: 11 March 2020
- Premature redemption due: 11 September 2026
- Redemption price: Rs 15,328 per unit
Exam takeaway: This is the third SGB redemption price announced in the week.
Quick revision: SGB 2019-20 Series X redemption price (RBI, 10 September 2026).
Reserve Bank of India original source