Monthly Banking and Financial Awareness for IBPS PO Exam 2026: Complete Guide
For IBPS PO aspirants of 2026, staying updated with banking and financial awareness is non-negotiable. The Banking Awareness section of the exam is a high-scoring area if you are aware of recent economic trends, RBI policies, government initiatives, and financial schemes.
This blog provides a monthly compilation of essential banking and financial news, designed to help candidates maximize their preparation efficiency and score higher in IBPS PO exams.
Why Monthly Banking Awareness is Crucial for IBPS PO
- Scoring Section: The Banking Awareness section can be relatively easy if you keep up with the latest updates.
- Dynamic Content: IBPS PO frequently asks questions on recent RBI announcements, government schemes, and budget highlights.
- Competitive Advantage: Aspirants who read monthly updates have a clear edge over those relying solely on books.
Key Areas to Focus on Every Month
To stay ahead, focus on these areas:
1. RBI Policies and Updates
- Changes in Repo Rate, Reverse Repo Rate, CRR, and SLR.
- Monetary Policy Committee (MPC) announcements.
- RBI circulars impacting banking operations.
2. Government Schemes & Initiatives
- Financial inclusion schemes like Pradhan Mantri Jan Dhan Yojana, PM SVANidhi, Atmanirbhar Bharat initiatives.
- Updates for MSMEs, startups, agriculture, and digital banking.
3. Banking News
- Mergers, acquisitions, and partnerships among banks.
- Introduction of new financial products or digital banking services.
- Launch of new banks, RRBs, or cooperative banks.
4. Budget & Economic Updates
- Highlights from the Union Budget and Economic Survey.
- Updates on GDP growth, inflation, fiscal deficit, and unemployment statistics.
- Key government fiscal measures and financial policies.
5. International Financial News
- Global economic trends impacting India.
- Updates from IMF, World Bank, ADB and other international financial institutions.
- RBI’s foreign exchange policies and international collaborations.
How to Prepare Monthly Banking Awareness Effectively
- Follow Official Sources:
- Create Short Notes & PDFs:
- Maintain a monthly compilation of updates.
- Highlight important dates, percentages, and key schemes for quick revision.
- Attempt Mock Tests:
- Solve banking awareness quizzes regularly.
- Practice previous IBPS PO papers to understand question trends.
- Use Apps & Online Resources:
- Apps like Bankers Adda, Oliveboard, and Gradeup provide daily banking news and current affairs.
Sample Monthly Update Table (February 2026)
Category | Update | Importance |
|---|---|---|
RBI Policy | Repo Rate increased to 6.75% | High |
Government Scheme | PM SVANidhi 2.0 launched | Medium |
Banking News | SBI launched digital savings account | Medium |
International | IMF revised India GDP growth to 6.3% | Medium |
Pro Tip: Create a table like this every month to revise key banking updates quickly before exams.
FAQs
Q1. How many questions from Banking Awareness are asked in IBPS PO?
A: Approximately 40–50 questions appear in the Reasoning & GA/Banking Awareness section.
Q2. Can I rely only on monthly updates?
A: No. Combine static knowledge (banking terms, financial instruments, bank types) with monthly updates for the best preparation.
Q3. How often should I revise?
A: Revision every month is ideal. Spend 15–20 minutes daily on banking updates for effective retention.
Conclusion
Staying updated with Monthly Banking and Financial Awareness is a must for IBPS PO 2026 aspirants. A structured approach using official sources, notes, mock tests, and apps can help you stay ahead in this competitive exam.
Start compiling monthly updates today, and watch your Banking Awareness scores improve significantly.