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THE MORNING BRIEFFRI 13 NOV 2026 · 7 AM

Economy and markets

Retail inflation 6.09% in October, above RBI band

What happened
Retail inflation rose to 6.09% in October 2026 from 5.54% in September, MoSPI data released on 12 Nov show. It is above the 6% upper limit of RBI's 2–6% tolerance band for the first time since October 2024, and the highest in the new CPI series with base year 2024.
At the branch
Customers may ask whether loan and deposit rates will move. Explain only what is known: the repo rate is 5.50% and the Monetary Policy Committee next meets on 2–4 Dec; any change will be announced then.
Exam angle
JAIIB Indian Economy and Indian Financial System and CAIIB Bank Financial Management: inflation targeting, CPI, monetary policy transmission.

Source: MoSPI data of 12 Nov 2026, reported by Business Standard and PTI

Exam relevance: High

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THE MORNING BRIEFTHU 12 NOV 2026 · 7 AM

Banks

MTNL's bank loan default rises to ₹9,812 crore

What happened
MTNL told the stock exchanges on 11 Nov that its overdue bank loans stood at ₹9,812.04 crore on 31 Oct 2026: ₹7,794.34 crore of principal and ₹2,017.70 crore of interest, owed to seven public sector banks. The figure was ₹9,731.83 crore on 30 Sep; Union Bank of India (₹4,280.59 crore) and Indian Overseas Bank (₹2,780.11 crore) carry the largest amounts.
At the branch
These accounts are already NPAs at the lenders, so the change is in interest building up, not in classification. Do not discuss any customer's account outside your bank; quote only the public filing if asked.
Exam angle
JAIIB Accounting and Financial Management and CAIIB Advanced Bank Management: NPA classification, provisioning and large exposures.

Source: MTNL disclosure to stock exchanges, 11 Nov 2026, reported by Business Upturn and Multibagg

Exam relevance: High

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