Current Affairs for Economy – December 2022

  • AU Small Finance Bank partnered with ICICI Lombard for bancassurance
  • ADB approved a $780 million loan for Chennai’s metro rail network
  • RBI signed a Currency Swap Agreement with Maldives Monetary Authority
  • Retail inflation eased below 6% for the first time in 2022
  • WPI Inflation declined to a 21-Month Low of 5.85% In November 2022
  • Canara HSBC Life Insurance launches Non-Participating ‘Guaranteed Fortune Plan
  • Bank of Baroda proposed to sell its majority stake in Nainital Bank
  • Star Health launched a policy for outpatient expenses
  • SEBI set up a panel to review corporate takeover rules
  • YES Bank acquired a 9.9 percent stake in JC Flower ARC
  • India to receive over a record $100 billion in remittances in 2022: WB
  • YES Bank partnered with Turtlefin to create the tech platform ‘EasyNsure’
  • Canara Bank won the Banker’s Bank of the Year Award
  • GST collection for November stands at Rs 1,45,867 crore
  • NSE Indices launched the new Nifty Bharat Bond Index
  • World Bank revised India’s GDP growth forecast to 6.9% for FY23
  • RBI increased the Repo rate by 35 bps to 6.25%
  • Spice Money partnered with Axis Bank for financial inclusion in rural India
  • TPG Capital to acquire Poonawalla housing finance
  • AU Small Finance Bank joined hands with HDFC Life for bancassurance
  • Indian Bank launched Ind Shakti 555 days
  • HDFC Securities launched the investor education platform ‘Roots’
  • IDFC FIRST Bank launched ZERO Fee Banking savings accounts
  • Bandhan Bank signed MoU with Defence Ministry for defence pensioners
  • Gross Direct Tax Collections for FY 2022-23 register growth of 25.90%
  • Note in circulation rise 8% annually to Rs 32 lakh crore: FM
  • RBI’s revised bank locker rules are to come into effect from 1 January
  • SBI, ICICI and Axis Bank to launch Rupay-based Credit card on UPI platform by March 2023
  • India to become 3rd largest Economy in the world by 2037Centre for Economics and Business Research (CEBR)
  • ADB to provide $125 million loan to improve Urban Services in Tamil Nadu
  • Indian Bank launched its flagship programme ‘MSME Prerana ‘in Rajasthan
  • RBI released a web publication entitled ‘Statistical Tables relating to Banks in India: 2021-22’
  • Bajaj Allianz launched Respect Senior Care Rider
  • IRDAI to Introduce ‘Bima Vahaks’ to Expand Insurance Force

Bharathi Pradeep: Editor at GetCoolTricks.com. Bharathi covers topics on Competitive exams, How To guides, Current exams, Current Affairs, Study Materials, etc. Follow her on social media using the links below.
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