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Current Affairs for Economy – October 2022

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Bharathi Pradeep
Bharathi Pradeephttps://www.getcooltricks.com/
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.
  • WTO cuts global trade forecast for 2023 to 1%
  • International Finance Corp. (IFC) launched a financing platform to respond to the global food crisis
  • RBI launched an advanced supervisory monitoring system named DAKSH
  • MGNREGA helped compensate 20-80% of the income loss incurred because of the Covid-19 induced lockdown, across four states (Bihar, Karnataka, Maharashtra and Madhya Pradesh).
  • HDFC Bank launched SmartHub Vyapar for merchants
  • World Bank reduced India’s growth forecast to 6.5% from 7.5% for 2022-23
  • RBI issued directions for the appointment of an Internal Ombudsman
  • ICICI Bank launched the ‘Smart Wire’ facility
  • Government and LIC together to divest 60.72% stake in IDBI Bank
  • South Indian Bank entered the World Book of Records for ‘101 Oonjals’
  • RBI cancelled the licence of Seva Vikas Co-operative Bank Ltd.
  • IDBI Bank partnered with Vayana Network on supply chain finance
  • IMF slashed India’s GDP growth to 6.8% from 7.4% in the current financial year
  • Retail inflation rose to 7.41 percent in September 2022
  • The index of Industrial Production (IIP) witnessed a contraction of 0.8% in August 2022
  • RBL Bank partnered with BookMyShow to launch the ‘Play’ credit card
  • RBI projects GDP growth to 7% from 7.2% for FY23
  • Bank of Baroda launches ‘Khushiyon ka Tyohaar’
  • BSE received SEBI’s final approval to launch Electronic Gold Receipt (EGR) on its platform
  • India’s current account deficit rises 2.8% to USD 23.9 billion in Q1
  • GST collection rose 26% to over ₹1.47 lakh crore in September
  • SBI launched ‘Gram Seva Program’ across six states of India
  • India’s economic growth to decline to 5.7% in 2022: UNCTAD report
  • PNB launched WhatsApp bankingservice for customers and non-customers
  • HDFC Life launched the ‘Insure India’ campaign
  • BSE (Bombay Stock Exchange) launched Electronic Gold Receipts
  • Dabur acquired 51% stake in Badshah Masala for Rs 588 crore
  • India Post Payment Bank launched a group accident insurance plan
  • SAIL crossed Rs 10,000 cr Procurement Value on the GeM portal
  • Indian Army signed an MoU with 11 Banks for an Agniveer Salary Package
  • DCB Bank reintroduced Suraksha Fixed Deposit
  • Karnataka Bank launched ‘KBL Centenary Deposit Scheme
  • LIC launched new ‘Dhan Varsha’ plan
  • Mahindra Finance partnered with India Post Payments Bank to boost credit access for customers
  • Finance Ministry released Rs 1,764 crore grant to four states
  • PM Jan Dhan account crossed Rs 1.75-lakh crore mark
  • India Post Payments Bank (IPPB) joined hands with Reserve Bank Innovation Hub (RBIH) for financial products and services
  • HDFC Securities Opens the First Women-Only Digital Centre in Bengaluru
  • PhonePe launched its first green data centre in India

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Bharathi Pradeep
Bharathi Pradeephttps://www.getcooltricks.com/
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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