Everything a banker needs today, in about five minutes: RBI, the government, banks, regulators, markets and the exam angle, each with its official source.
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Other regulators
SEBI: build FATCA, CRS checks into KYC
In a circular of 11 Nov 2026, SEBI asked registered intermediaries to add FATCA and CRS reporting and due diligence to their customer onboarding and KYC, in line with Rules 238 to 240 of the Income-tax Rules, 2026. Reporting software must carry the mandatory fields of Form 166, and FATCA/CRS self-certifications must be uploaded to KRA systems.
At the branch: Customers opening demat or broking accounts through the bank's subsidiaries may be asked for a tax-residence self-certification; tell them it is a regulatory requirement.
Exam angle: JAIIB Indian Economy and Indian Financial System: SEBI and market intermediaries; CAIIB compliance: KYC and FATCA/CRS.
Source: SEBI circular of 11 Nov 2026, reported by ANI
Exam relevance: Medium
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Banks
RBI fines PNB ₹1.25 lakh over currency chests
Punjab National Bank told the exchanges on 10 Nov 2026 that RBI had imposed a penalty of ₹1,24,913.01 for not following operational guidelines on currency chests. It follows a ₹1.57 crore penalty on the same ground disclosed on 29 Oct.
At the branch: Chest branches should recheck daily chest balances, soiled-note remittances and reporting deadlines; small lapses now draw separate penalties.
Exam angle: JAIIB Principles and Practices of Banking: currency management and currency chests.
Source: PNB disclosure to NSE, 10 Nov 2026, reported by Business Upturn and HelloBanker
Exam relevance: Medium
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Economy and markets
Sensex jumps 773 points; Nifty at 25,255
On 11 Nov the Sensex rose 772.75 points (0.95%) to 81,879.40 and the Nifty 50 gained 210.40 points (0.84%) to 25,255.05, as markets reopened after Diwali. Bank and auto shares led, with public sector banks up about 3%.
At the branch: Customers may ask whether to move deposits into equity funds. Explain products and risks; leave market calls out.
Exam angle: JAIIB Indian Economy and Indian Financial System: capital markets.
Source: Market close reports by Business Standard and HDFC Sky, 11 Nov 2026
Exam relevance: Low
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Payments and digital
UPI: 916.9 mn payments on Diwali, up 32%
UPI handled 916.9 million transactions worth ₹90,029 crore on Diwali, 8 Nov, against 695.7 million on Diwali last year. The day before, 7 Nov, it handled 975.8 million transactions worth about ₹1.36 lakh crore.
At the branch: Festive peaks bring more failed and disputed payments. Log complaints the same day and use the bank's dispute channel within the timelines.
Exam angle: JAIIB Principles and Practices of Banking: digital payments.
Source: NPCI data, reported by BW Disrupt and Goodreturns, 11 Nov 2026
Exam relevance: Medium
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Economy and markets
October CPI due today; September was 5.54%
MoSPI releases October's consumer price inflation on 12 Nov. September's figure was 5.54%; RBI raised the repo rate to 5.50% on 7 Oct.
At the branch: Loan and deposit customers will ask about rates after the data. Quote your bank's current card rates only.
Exam angle: CAIIB Bank Financial Management and JAIIB Indian Economy: inflation and monetary policy.
Source: MoSPI release calendar, reported by Business Today, 11 Nov 2026
Exam relevance: High
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Payments and digital
UPI MDR start date still awaited from NPCI
NPCI put off merchant fees (MDR) on some UPI payments from 15 Oct 2026 until after the festive season and has not yet announced the new date. Under its FAQs of 15 Sep, eligible merchant payments above ₹2,000 attract 0.40%, capped at ₹300.
At the branch: Person-to-person UPI transfers stay free, and any MDR is paid by the merchant, not the customer.
Exam angle: JAIIB Principles and Practices of Banking: payment systems and charges.
Source: NPCI, reported by Outlook Money and IANS, 10–11 Nov 2026
Exam relevance: Medium
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International
Brent slips to two-month low, then near $92
Brent crude fell to $89.16 a barrel on 10 Nov, its lowest in about two months, and was back near $92 on 11 Nov.
At the branch: Lower crude helps the import bill and the rupee; customers with forex needs should still use the day's card rate.
Exam angle: CAIIB Bank Financial Management: external sector and commodity prices.
Source: HDFC Sky and Saxo Bank market reports, 11 Nov 2026
Exam relevance: Low
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Bankers' corner
Meghalaya branches shut 13 Nov; all shut 14 Nov
Banks in Meghalaya are listed as closed on 13 Nov for Wangala. 14 Nov is the second Saturday, a holiday for all banks, and 15 Nov is a Sunday.
At the branch: Tell customers to finish cheque deposits and branch work by Friday; UPI, cards and net banking carry on. RBI's holiday list for your state decides.
Exam angle: JAIIB Principles and Practices of Banking: customer service.
Source: RBI holiday list, reported by Business Standard (30 Oct) and Sakshi Post (26 Oct)
Exam relevance: Low
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Bankers' corner
MTNL dues: who carries how much
Of MTNL's ₹9,812.04 crore default, Union Bank of India has ₹4,280.59 crore, Indian Overseas Bank ₹2,780.11 crore, Bank of India ₹1,295.44 crore, PNB ₹536.33 crore, SBI ₹401.70 crore, UCO Bank ₹307.02 crore and Punjab & Sind Bank ₹210.85 crore. MTNL's total financial debt is ₹37,633 crore, mostly government-guaranteed bonds.
At the branch: If customers or shareholders ask, these are public filings; the banks have already classified the accounts as NPAs since 2024–25.
Exam angle: CAIIB Advanced Bank Management: credit risk and exposure to public sector undertakings.
Source: MTNL disclosure of 11 Nov 2026, reported by Multibagg and Business Upturn
Exam relevance: Medium
Index closes from HDFC Sky and Business Standard; Brent from HDFC Sky and Saxo Bank; repo rate and reserves from RBI. Rupee close not shown: reports of 11 Nov disagreed.