Banking Current Affairs Quiz: 21 September 2026

The United Forum of Bank Unions and some other unions in public sector banks, supported by Regional Rural Banks, raised two principal demands: a five-day working week for banks and withdrawal of the Performance Linked Incentive scheme.

On 21 September 2026, Commerce and Industry Minister Piyush Goyal and New Zealand's Trade and Investment Minister Todd McClay announced that the agreement would come into force on that day, which is Dussehra–Vijayadashami.

At the seminar in New Delhi, the Union Ministers launched this paper, which outlines a strategic framework for strengthening critical mineral recycling in India.

In its appeal of 21 September 2026, the Ministry of Finance recalled that the Government, in the interest of bank employees, declared the 2nd and 4th Saturdays of every month as holidays for public sector banks in 2015.

The agreement includes New Zealand's commitment to facilitate investment of this amount into India, and the Commerce Ministry says it is expected to benefit Indian agriculture, manufacturing, infrastructure and start-ups.

The day-long National Seminar on "India's Critical Minerals Recycling Ecosystem and Circular Economy" was organised by the Ministry of Mines in collaboration with MRAI, an industry body of recyclers.

The Staff Welfare Fund is money that public sector banks set aside for the welfare of working and retired staff, covering health expenses, canteen subsidies, sports and cultural activities and educational help.

The agreement sets aside a dedicated quota of 5,000 Temporary Employment Entry visas for skilled Indian professionals, giving them a clear route to work in New Zealand.

When used lithium-ion batteries are collected, dismantled and shredded, the result is a dark powder called black mass. It contains valuable metals such as lithium, cobalt, nickel and manganese, along with graphite, which can be extracted by further processing.

To safeguard farmers, India has excluded sensitive products from tariff concessions: dairy, animal meat except sheep meat, key agricultural commodities, sugar and edible oils.