Daily Quiz — 25 Apr 2026

1. Q1.Why did Unity Small Finance Bank's incumbent CEO Inderjit Camotra reportedly not receive a third term?

   Unaddressed regulatory deficiencies flagged in consecutive RBI annual supervisory reviewsPoor financial performance and declining net profit over two consecutive quartersVoluntary resignation submitted ahead of the bank's annual general meetingInvolvement in a multi-layered financial fraud investigation by CBI
   Explanation: Unaddressed regulatory deficiencies flagged in consecutive RBI annual supervisory reviews are believed to have cost Camotra a third term, reflecting RBI's governance pressure on the bank's leadership.

2. Q2.On what date did the RBI cancel Paytm Payments Bank's banking licence, and what was the primary reason cited?

   April 24, 2026; management conduct detrimental to depositor and public interestMarch 31, 2026; persistent capital adequacy violations over three consecutive yearsApril 24, 2026; failure to maintain minimum cash reserve ratio requirementsJanuary 1, 2026; non-compliance with KYC norms for a majority of account holders
   Explanation: The RBI cancelled Paytm Payments Bank's licence with immediate effect from April 24, 2026, citing management conduct detrimental to depositor and public interest.

3. Q3.What is the total size of Shapoorji Pallonji Group's Project Ascent financing deal, and what asset secures both the rupee bonds and the dollar bond facility?

   ₹25,400 crore; secured against an 18.38% stake in Tata Sons₹28,600 crore; secured against a 24% stake in Tata Consultancy Services₹25,400 crore; secured against real estate assets and infrastructure project receivables₹28,600 crore; secured against an 18.38% stake in Tata Sons
   Explanation: The Project Ascent deal is valued at ₹25,400 crore, with both facilities secured against Shapoorji Pallonji's 18.38% stake in Tata Sons.

4. Q4.Which regulatory body is scaling a digital consent acquisition framework starting with 11 banks following a successful pilot completed in December?

   Telecom Regulatory Authority of India (TRAI)Reserve Bank of India (RBI)Securities and Exchange Board of India (SEBI)Insurance Regulatory and Development Authority of India (IRDAI)
   Explanation: TRAI (Telecom Regulatory Authority of India) plans to scale its digital consent acquisition framework starting with 11 banks that participated in a pilot completed in December, with RBI support.

5. Q5.What year-on-year growth rate did Groww's operating margins expand to in Q4 FY26, and by what percentage did its transacting users rise?

   Operating margins of 62%; transacting users rose 25% year-on-yearOperating margins of 88%; transacting users rose 21% year-on-yearOperating margins of 62%; transacting users rose 88% year-on-yearOperating margins of 25%; transacting users rose 62% year-on-year
   Explanation: Groww's operating margins expanded sharply to 62% in Q4 FY26, while transacting users rose 25% year-on-year to over 21 million, reflecting deepening engagement rather than new user acquisition.

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