Central Banking: South Africa’s Reserve Bank lifted the repo rate by 25 bps and warned of a possible “food shock” as inflation risks rise, with Governor Lesetja Kganyago also flagging pressure from higher debt costs and fuel-driven prices. Monetary Policy & Markets: India’s RBI is preparing polymer banknotes to cut rising printing costs, while it also used state-run banks to support the rupee ahead of market open. Banking Regulation: India’s RBI imposed Rs 2 lakh penalties on three cooperative banks for KYC and lending compliance lapses, and new cooling-off rules for co-op bank directors are creating uncertainty over long-serving board members. Supervision & Credit: Georgia’s central bank reported fewer counterfeit lari in 2025 and said Georgian banks’ ROAA/ROAE slipped, alongside a shift toward corporate and retail lending. Capital Markets & Deals: Serbia adopted a draft law guaranteeing a EUR 263.9m Deutsche Bank-backed loan to buy 30 new CAF electric trains. Crypto & IPOs: FalconX confidentially filed with the SEC for an IPO and hired Cantor to advise. Consumer & Payments: NEET-UG 2026 refund processing was extended to June 22 for about 13 lakh candidates to update bank details. Banking Sector Health: South Korea’s commercial banks saw a five-year high NPL ratio by late March as write-offs and distressed-asset sales slowed. Corporate/Legal: India’s Supreme Court asked for responses on a plea seeking a supervisory review or audit of banks’ real estate exposure.