Banking and RBI
RBI PSL Third Amendment Directions: FCNR(B)/NRE advance exclusion date advanced to 31 August 2026
11 September 2026 (notification dated 11 September; carried into the 12 September edition) | Reserve Bank of India
RBI issued the Priority Sector Lending (Targets and Classification) Third Amendment Directions, 2026 on 11 September 2026. The Second Amendment Directions of 7 August 2026 had excluded from Adjusted Net Bank Credit (ANBC) advances against fresh FCNR(B) deposits of three to five years, and NRE term deposits of three years or more, mobilised up to 30 September 2026.
On review, the date 30 September 2026 was amended to 31 August 2026 for these exemptions, with immediate effect. The amount excluded from ANBC cannot exceed the fresh outstanding FCNR(B)/NRE deposits eligible for CRR/SLR exemption.
Key facts- Notification date: 11 September 2026
- Earlier cut-off: 30 September 2026
- New cut-off: 31 August 2026
- Effect: immediate
Exam takeaway: ANBC is the base used to compute priority sector lending targets.
Quick revision: PSL Third Amendment Directions (RBI notification, 11 September 2026).
Reserve Bank of India original sourceBanking and RBI
RBI penalises Asset Care & Reconstruction Enterprise Limited Rs 27.30 lakh
11 September 2026 (release; order dated 8 September 2026; carried into the 12 September edition) | Reserve Bank of India
RBI, by an order dated 8 September 2026, imposed a monetary penalty of Rs 27.30 lakh on Asset Care & Reconstruction Enterprise Limited for non-compliance with directions on Income Recognition.
The penalty was imposed under section 12 read with section 30A(1) of the SARFAESI Act, 2002, after a statutory inspection with reference to the company's financial position as on 31 March 2025.
Key facts- Penalty: Rs 27.30 lakh
- Company: Asset Care & Reconstruction Enterprise Limited
- Order date: 8 September 2026
- Act: SARFAESI Act, 2002
Exam takeaway: SARFAESI is the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act.
Quick revision: RBI penalty on Asset Care & Reconstruction (RBI, 11 September 2026).
Reserve Bank of India original sourceGovernment Schemes
Nadda: 631 Critical Care Blocks sanctioned under PM-ABHIM
12 September 2026 | Press Information Bureau
PIB said Union Health Minister J P Nadda, speaking on 12 September 2026, said that under PM-ABHIM the Government of India has sanctioned 631 Critical Care Blocks across States and Union Territories, creating a nationwide network of critical-care capacity.
He said PM-ABHIM was conceived to strengthen the health system's ability to respond to future pandemics and public health emergencies while ensuring continuity of routine healthcare, and praised Andhra Pradesh's Sanjeevani programme, which facilitates testing for 41 health parameters.
Key facts- Critical Care Blocks sanctioned: 631
- Scheme: PM-ABHIM
- Date: 12 September 2026
- Sanjeevani testing parameters: 41
Exam takeaway: PM-ABHIM is the Pradhan Mantri Ayushman Bharat Health Infrastructure Mission.
Quick revision: PM-ABHIM Critical Care Blocks (PIB, 12 September 2026).
Press Information Bureau original source