6 September Current Affairs
Here are the most important current affairs of 6 September 2026, specially prepared for IBPS Clerk, SBI Clerk, IBPS PO and other competitive examinations.
1. RBI Approves LIC to Acquire Up to 9.99% Stake in ICICI Bank
The Reserve Bank of India (RBI) has approved the Life Insurance Corporation of India (LIC) to acquire an aggregate holding of up to 9.99% of the paid-up share capital or voting rights of ICICI Bank.
The approval, dated 4 September 2026, is valid for one year from the date of the RBI approval letter and is subject to applicable statutory and regulatory requirements. LIC currently holds around 4.35% in ICICI Bank.
The approval gives LIC the option to increase its stake, although it does not mean that LIC has to immediately purchase the additional shares.
Exam Point:
LIC → ICICI Bank stake allowed → up to 9.99%
Approval authority → RBI.
2. RBI Announces ₹7 Lakh Crore 30-Day VRRR Auction
The Reserve Bank of India announced a ₹7 lakh crore, 30-day Variable Rate Reverse Repo (VRRR) auction for 7 September 2026.
The operation is aimed at absorbing the exceptionally high surplus liquidity in the banking system. RBI has also included an early-redemption option to make participation more flexible for banks.
Banking-system surplus liquidity had reached around ₹10.3 lakh crore as of 3 September 2026. The liquidity surge has been associated with large foreign-currency inflows under RBI's special deposit and swap arrangements.
Exam Point:
VRRR = Variable Rate Reverse Repo
Purpose = Liquidity absorption.
3. Scheduled Commercial Bank Credit Growth Reaches 16.5%
Credit extended by Scheduled Commercial Banks (SCBs) grew by 16.5% year-on-year at the end of June 2026.
Private corporate-sector credit grew by around 21.1%, while public-sector credit grew by 14.6%. Household-sector credit grew by approximately 15.2%.
Credit to female individual borrowers also recorded strong growth of around 19.7%.
Exam Point:
SCB credit growth in June 2026 → 16.5%.
4. India’s Forex Reserves Remain at Record Levels
India's foreign exchange reserves reached approximately US$740.803 billion for the week ended 28 August 2026.
The reserves increased for the ninth consecutive week, with Foreign Currency Assets and gold reserves forming major components of India's overall forex reserves.
The strong rise in reserves has been supported by significant foreign-currency inflows, including inflows generated through RBI's special dollar-deposit mobilisation measures.
Exam Point:
India's Forex Reserves → US$740.803 billion.
5. SEBI and ESMA Sign MoU on Central Counterparties
The Securities and Exchange Board of India (SEBI) signed a Memorandum of Understanding with the European Securities and Markets Authority (ESMA) for cooperation and exchange of information relating to Central Counterparties (CCPs).
The agreement is aimed at strengthening regulatory cooperation, supervisory coordination and information sharing between Indian and European securities-market regulators.
Exam Point:
SEBI → India
ESMA → European securities-market regulator
MoU subject → Central Counterparties (CCPs).
6. Dinesh Sharma Appointed Lieutenant Governor of Andaman and Nicobar Islands
Dr. Dinesh Sharma has been appointed as the Lieutenant Governor of the Andaman and Nicobar Islands.
He succeeds Admiral D.K. Joshi. Dinesh Sharma previously served as the Deputy Chief Minister of Uttar Pradesh and also served as Mayor of Lucknow.
Exam Point:
Andaman and Nicobar Islands → Lieutenant Governor → Dr. Dinesh Sharma.
7. Eight New High Court Chief Justices Appointed
The Central Government notified the appointment of eight Chief Justices to different High Courts on 5 September 2026.
The appointments were approved by President Droupadi Murmu following the recommendations of the Supreme Court Collegium.
Exam Point:
Appointment of High Court judges is governed by Article 217 of the Constitution.
8. Census 2027 Timeline Advanced for Four States
The Registrar General of India (RGI) has advanced the Census 2027 timeline for four poll-bound states:
Uttar Pradesh
Goa
Uttarakhand
Punjab
The self-enumeration date has been set for 16 November 2026 for these states.
Exam Point:
States with advanced Census 2027 timeline → UP, Goa, Uttarakhand and Punjab.
9. India and China’s Brahmaputra River Issue
China has advanced planning for the Yarlung Zangbo mega-dam project on the upper reaches of the Brahmaputra River in Tibet.
The project has strategic significance for India because the Brahmaputra originates in the Tibetan region and flows into India before entering Bangladesh.
In Tibet, the Brahmaputra River is known as the Yarlung Zangbo.
Exam Point:
Brahmaputra in Tibet → Yarlung Zangbo.
10. ISRO Employees Raise Concerns Over Launch Vehicle Manufacturing
Employees of the Indian Space Research Organisation (ISRO) have raised concerns over the future direction of launch-vehicle manufacturing following remarks related to greater private-sector participation.
The development comes amid India's broader push to expand private participation in the space sector and strengthen the role of private companies in space activities.
Exam Point:
India's space-sector regulator/facilitator → IN-SPACe.
11. OTA Chennai Commissions 342 Cadets
The Officers Training Academy (OTA), Chennai conducted its Passing Out Parade, commissioning 342 newly trained officers into the Indian Army.
The group also included 17 foreign cadets from friendly countries, highlighting India's military training cooperation with partner nations.
Exam Point:
OTA Chennai → Military officer training institution.
12. CDSCO Issues Alert Over Counterfeit Rabies Vaccine
The Central Drugs Standard Control Organisation (CDSCO) issued an alert to states regarding suspected counterfeit batches of rabies vaccine circulating in the domestic market.
The alert aims to strengthen drug-regulatory vigilance and prevent the distribution and use of counterfeit medical products.
Exam Point:
CDSCO → India's central drug regulatory authority.
13. India–Pakistan Women’s T20 Asia Cup Match
India and Pakistan faced each other in the ACC Women's T20 Asia Cup 2026.
The match attracted significant attention as one of the major fixtures of the tournament. The Women's Asia Cup is an important regional cricket tournament organised under the Asian Cricket Council (ACC).
Exam Point:
Women's T20 Asia Cup → Asian Cricket Council (ACC).
14. Satwik–Chirag Reach China Masters Final
Indian men's doubles badminton pair Satwiksairaj Rankireddy and Chirag Shetty reached the China Masters final.
Their progress was among the major Indian sports developments reported on 5 September 2026.
Exam Point:
Indian men's doubles badminton pair → Satwiksairaj Rankireddy & Chirag Shetty.
15. Indian Super League 2026–27 to Begin on 10 October
The Indian Super League (ISL) 2026–27 season is scheduled to begin on 10 October 2026.
The new season will operate under a new club-led model and is expected to continue until May 2027.
Exam Point:
ISL 2026–27 starting date → 10 October 2026.
QUICK REVISION – 6 SEPTEMBER 2026
LIC → ICICI Bank stake → Up to 9.99%
Approval authority → RBI
VRRR Auction → ₹7 lakh crore
VRRR Tenure → 30 days
VRRR Auction Date → 7 September 2026
Banking-system liquidity surplus → ₹10.3 lakh crore
SCB Credit Growth → 16.5%
Private Corporate Credit Growth → 21.1%
Forex Reserves → US$740.803 billion
Forex reserve growth → 9th consecutive week
SEBI MoU partner → ESMA
MoU subject → Central Counterparties
Andaman & Nicobar LG → Dr. Dinesh Sharma
High Court appointments → 8 Chief Justices
Census 2027 advanced states → UP, Goa, Uttarakhand, Punjab
Brahmaputra in Tibet → Yarlung Zangbo
CDSCO → Counterfeit rabies vaccine alert
OTA Chennai → 342 officers commissioned
ISL 2026–27 → 10 October 2026
China Masters → Satwik & Chirag reached final
1. RBI Approves LIC to Acquire Up to 9.99% Stake in ICICI Bank
The Reserve Bank of India (RBI) has approved the Life Insurance Corporation of India (LIC) to acquire an aggregate holding of up to 9.99% of the paid-up share capital or voting rights of ICICI Bank.
The approval, dated 4 September 2026, is valid for one year from the date of the RBI approval letter and is subject to applicable statutory and regulatory requirements. LIC currently holds around 4.35% in ICICI Bank.
The approval gives LIC the option to increase its stake, although it does not mean that LIC has to immediately purchase the additional shares.
Exam Point:
LIC → ICICI Bank stake allowed → up to 9.99%
Approval authority → RBI.
2. RBI Announces ₹7 Lakh Crore 30-Day VRRR Auction
The Reserve Bank of India announced a ₹7 lakh crore, 30-day Variable Rate Reverse Repo (VRRR) auction for 7 September 2026.
The operation is aimed at absorbing the exceptionally high surplus liquidity in the banking system. RBI has also included an early-redemption option to make participation more flexible for banks.
Banking-system surplus liquidity had reached around ₹10.3 lakh crore as of 3 September 2026. The liquidity surge has been associated with large foreign-currency inflows under RBI's special deposit and swap arrangements.
Exam Point:
VRRR = Variable Rate Reverse Repo
Purpose = Liquidity absorption.
3. Scheduled Commercial Bank Credit Growth Reaches 16.5%
Credit extended by Scheduled Commercial Banks (SCBs) grew by 16.5% year-on-year at the end of June 2026.
Private corporate-sector credit grew by around 21.1%, while public-sector credit grew by 14.6%. Household-sector credit grew by approximately 15.2%.
Credit to female individual borrowers also recorded strong growth of around 19.7%.
Exam Point:
SCB credit growth in June 2026 → 16.5%.
4. India’s Forex Reserves Remain at Record Levels
India's foreign exchange reserves reached approximately US$740.803 billion for the week ended 28 August 2026.
The reserves increased for the ninth consecutive week, with Foreign Currency Assets and gold reserves forming major components of India's overall forex reserves.
The strong rise in reserves has been supported by significant foreign-currency inflows, including inflows generated through RBI's special dollar-deposit mobilisation measures.
Exam Point:
India's Forex Reserves → US$740.803 billion.
5. SEBI and ESMA Sign MoU on Central Counterparties
The Securities and Exchange Board of India (SEBI) signed a Memorandum of Understanding with the European Securities and Markets Authority (ESMA) for cooperation and exchange of information relating to Central Counterparties (CCPs).
The agreement is aimed at strengthening regulatory cooperation, supervisory coordination and information sharing between Indian and European securities-market regulators.
Exam Point:
SEBI → India
ESMA → European securities-market regulator
MoU subject → Central Counterparties (CCPs).
6. Dinesh Sharma Appointed Lieutenant Governor of Andaman and Nicobar Islands
Dr. Dinesh Sharma has been appointed as the Lieutenant Governor of the Andaman and Nicobar Islands.
He succeeds Admiral D.K. Joshi. Dinesh Sharma previously served as the Deputy Chief Minister of Uttar Pradesh and also served as Mayor of Lucknow.
Exam Point:
Andaman and Nicobar Islands → Lieutenant Governor → Dr. Dinesh Sharma.
7. Eight New High Court Chief Justices Appointed
The Central Government notified the appointment of eight Chief Justices to different High Courts on 5 September 2026.
The appointments were approved by President Droupadi Murmu following the recommendations of the Supreme Court Collegium.
Exam Point:
Appointment of High Court judges is governed by Article 217 of the Constitution.
8. Census 2027 Timeline Advanced for Four States
The Registrar General of India (RGI) has advanced the Census 2027 timeline for four poll-bound states:
Uttar Pradesh
Goa
Uttarakhand
Punjab
The self-enumeration date has been set for 16 November 2026 for these states.
Exam Point:
States with advanced Census 2027 timeline → UP, Goa, Uttarakhand and Punjab.
9. India and China’s Brahmaputra River Issue
China has advanced planning for the Yarlung Zangbo mega-dam project on the upper reaches of the Brahmaputra River in Tibet.
The project has strategic significance for India because the Brahmaputra originates in the Tibetan region and flows into India before entering Bangladesh.
In Tibet, the Brahmaputra River is known as the Yarlung Zangbo.
Exam Point:
Brahmaputra in Tibet → Yarlung Zangbo.
10. ISRO Employees Raise Concerns Over Launch Vehicle Manufacturing
Employees of the Indian Space Research Organisation (ISRO) have raised concerns over the future direction of launch-vehicle manufacturing following remarks related to greater private-sector participation.
The development comes amid India's broader push to expand private participation in the space sector and strengthen the role of private companies in space activities.
Exam Point:
India's space-sector regulator/facilitator → IN-SPACe.
11. OTA Chennai Commissions 342 Cadets
The Officers Training Academy (OTA), Chennai conducted its Passing Out Parade, commissioning 342 newly trained officers into the Indian Army.
The group also included 17 foreign cadets from friendly countries, highlighting India's military training cooperation with partner nations.
Exam Point:
OTA Chennai → Military officer training institution.
12. CDSCO Issues Alert Over Counterfeit Rabies Vaccine
The Central Drugs Standard Control Organisation (CDSCO) issued an alert to states regarding suspected counterfeit batches of rabies vaccine circulating in the domestic market.
The alert aims to strengthen drug-regulatory vigilance and prevent the distribution and use of counterfeit medical products.
Exam Point:
CDSCO → India's central drug regulatory authority.
13. India–Pakistan Women’s T20 Asia Cup Match
India and Pakistan faced each other in the ACC Women's T20 Asia Cup 2026.
The match attracted significant attention as one of the major fixtures of the tournament. The Women's Asia Cup is an important regional cricket tournament organised under the Asian Cricket Council (ACC).
Exam Point:
Women's T20 Asia Cup → Asian Cricket Council (ACC).
14. Satwik–Chirag Reach China Masters Final
Indian men's doubles badminton pair Satwiksairaj Rankireddy and Chirag Shetty reached the China Masters final.
Their progress was among the major Indian sports developments reported on 5 September 2026.
Exam Point:
Indian men's doubles badminton pair → Satwiksairaj Rankireddy & Chirag Shetty.
15. Indian Super League 2026–27 to Begin on 10 October
The Indian Super League (ISL) 2026–27 season is scheduled to begin on 10 October 2026.
The new season will operate under a new club-led model and is expected to continue until May 2027.
Exam Point:
ISL 2026–27 starting date → 10 October 2026.
QUICK REVISION – 6 SEPTEMBER 2026
LIC → ICICI Bank stake → Up to 9.99%
Approval authority → RBI
VRRR Auction → ₹7 lakh crore
VRRR Tenure → 30 days
VRRR Auction Date → 7 September 2026
Banking-system liquidity surplus → ₹10.3 lakh crore
SCB Credit Growth → 16.5%
Private Corporate Credit Growth → 21.1%
Forex Reserves → US$740.803 billion
Forex reserve growth → 9th consecutive week
SEBI MoU partner → ESMA
MoU subject → Central Counterparties
Andaman & Nicobar LG → Dr. Dinesh Sharma
High Court appointments → 8 Chief Justices
Census 2027 advanced states → UP, Goa, Uttarakhand, Punjab
Brahmaputra in Tibet → Yarlung Zangbo
CDSCO → Counterfeit rabies vaccine alert
OTA Chennai → 342 officers commissioned
ISL 2026–27 → 10 October 2026
China Masters → Satwik & Chirag reached final