Tuesday, 30 June 2026

5 articles across 3 categories

Economy & Banking

3 items

Kotak Mahindra Bank to Acquire Deutsche Bank's India Retail and Wealth Business for ~Rs 282 Crore

Kotak Mahindra Bank signed a deal to acquire Deutsche Bank's retail, private banking and wealth-management business in India for about Rs 282 crore, marking Deutsche Bank's exit from India retail.

Kotak Mahindra BankDeutsche BankBank M&A

RBI Financial Stability Report June 2026: Bank Bad Loans at Multi-Decadal Low of 1.8%

★ Must Know

The RBI's June 2026 Financial Stability Report said banks' gross NPA ratio fell to a multi-decadal low of 1.8% and the financial system remains resilient, while flagging AI-driven and external risks.

RBI Financial Stability ReportGNPABank asset quality

UPI Goes Live in Greece via Eurobank–NIPL Partnership

India's UPI went live in Greece through an NPCI International (NIPL)–Eurobank partnership, enabling cross-border digital payments and remittances.

UPINPCI InternationalGreece

Science & Technology

1 item

Finance Ministry Panel Clears Rs 1.25 Lakh Crore Outlay for India Semiconductor Mission 2.0

★ Must Know

The Finance Ministry's Expenditure Finance Committee approved a Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0; the proposal now goes to the Union Cabinet.

India Semiconductor Mission 2.0Expenditure Finance CommitteeChip manufacturing

Appointments

1 item

Mahesh Dixit Assumes Charge as Director of the Intelligence Bureau

Senior IPS officer Mahesh Dixit assumed charge as the new Director of the Intelligence Bureau, succeeding Tapan Kumar Deka, for a two-year tenure.

Intelligence BureauMahesh DixitACC

Current Affairs 30 June 2026