Basel Committee
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Current affairsG20 Finance Ministers and Central Bank Governors Meeting, Asheville 2026: Debt Restructuring, Digital Assets, Cross-Border Payments, and India's Priorities Under the US PresidencyG20 Finance Ministers and Central Bank Governors met at Asheville, North Carolina, USA on 31 August – 1 September 2026 under the 2026 US G20 Presidency. India's Finance Minister Nirmala Sitharaman participated, with key agenda items spanning debt transparency, global imbalances, digital asset regulation, cross-border payments reform, and private-sector-led growth — each with significant implications for India's financial diplomacy and economy. Current affairsThree New Part-Time Directors on RBI Central Board: Annie George Mathew, Janmejaya Kumar Sinha, Syed Akbaruddin — RBI Governance and the Central Board's RoleThe Government of India appointed Annie George Mathew (former Special Secretary, Ministry of Finance), Janmejaya Kumar Sinha (Chairman, BCG India), and Syed Akbaruddin (former Permanent Representative to the UN, now Dean of Kautilya School of Public Policy) as part-time non-official directors on the RBI Central Board for four-year terms effective August 24, 2026. Former ISRO chief S. Somnath and industrialist Anand Mahindra were also appointed/re-appointed to the board in the same round. Current affairsIndia's Sovereign Green Bonds and Greenium 2026: ₹15,000 Crore H1 FY27 Target, SEBI Anti-Greenwashing Rules, and the Push for Climate FinanceIndia's sovereign green bond (SGrB) market is gaining renewed traction in 2026, with the government planning ₹15,000 crore in H1 FY2026-27. Investors are recording the highest greenium — the price premium green bonds command over conventional securities — since the programme's inception in FY2022-23, while SEBI's new anti-greenwashing rules strengthen market credibility. Current affairsBankers' Books Evidence Bill, 2026: India Repeals 135-Year-Old Colonial Banking LawThe Lok Sabha passed the Bankers' Books Evidence Bill, 2026 on 5 August 2026, repealing the 135-year-old Bankers' Books Evidence Act, 1891. The new law expands the definition of "bankers' books" to cover digital, cloud-based, and electronic records, and makes certified copies of such records admissible as prima facie evidence in courts, arbitrations, and regulatory investigations.