Daily Current Affairs for CAT, XAT & MBA GDPI – April 11, 2026
Indian Economy & Policy
RBI proposes upper layer NBFCs to be defined by absolute asset size of ₹1 lakh crore+
Reserve Bank of India is proposing a new rule for identifying top NBFCs. A simple asset size of Rs 1 lakh crore will now determine classification. This change could affect Tata Sons' plans to avoid listing. Government-owned NBFCs may also face stricter regulations. The RBI aims for a clearer, simpler system for all.
RBI's Utkarsh 2.0 places focus on better service
RBI's new plan places emphasis on improving customer service and financial inclusion, alongside efforts to strengthen market infrastructure and pricing transparency, particularly in government securities. Technology adoption, including artificial intelligence and digitalisation of internal processes, is expected to play a central role.
Indian Politics & Governance

At ICA conference, CJI Surya Kant underscores arbitration’s role in global economy
Chief Justice Kant expressed that, “it may be time to rethink the very expression ‘Alternative Dispute Resolution’ since it is no longer an alternative to litigation”.

Ten Indian nationals indicted in U.S. for visa fraud conspiracy
They have been indicted by a federal grand jury with one count of conspiracy to commit visa fraud in connection with a conspiracy to carry out staged armed robberies at convenience stores
Geopolitics (India Focus)

North Korean leader Kim backs China’s push for multipolar world in talks with Foreign Minister
Mr. Kim emphasised North Korea’s stance on certain regional and international issues and highlighted the importance of strengthening ties between the two countries in the current geopolitical climate

Ten Indian nationals indicted in U.S. for visa fraud conspiracy
They have been indicted by a federal grand jury with one count of conspiracy to commit visa fraud in connection with a conspiracy to carry out staged armed robberies at convenience stores
Indian Stock Market & IPOs
US stocks today: US stocks end mixed, notches weekly gains as investors parse Middle East negotiations
US stocks closed mixed as investors weighed Middle East tensions and Iran peace talks. Inflation rose due to energy shocks, while Dow and S&P slipped but Nasdaq gained on tech strength. Despite volatility, all major indexes posted weekly gains as traders stayed cautious ahead of major earnings and macro risks.
Fed will need to explain why current inflation jump differs from 2022 surge
US inflation pressures are rising again as CPI shows the fastest monthly increase in nearly four years, driven mainly by energy costs linked to geopolitical tensions. While headline inflation spikes, core inflation remains relatively stable. The Federal Reserve is expected to hold rates steady, balancing oil-driven volatility and growth risks.
Marketing, Brands & Consumer Trends
Bank holiday today, 11 April: Are SBI, HDFC Bank, PNB, others open or closed today on Saturday? Check RBI calendar
Bank holiday today, 11 April: The RBI categorises all bank holidays into three parts, namely, Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays and banks’ closing of accounts.

Indian firms ramp up checks to avoid deals with sanctioned entities
Companies are increasingly hiring law firms and investigative agencies before closing deals to ensure that none of the parties involved, including subsidiaries, parents or suppliers, feature on sanctions lists, according to Kroll, a global financial and risk advisory firm.
Sports (Business & Governance)

Billie Jean King Cup | India has a romp against Mongolia, keeps alive chances of making the playoffs

How Zaheer Khan’s long search for slower ball ended in India winning 2011 World Cup