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Economy Current Affairs – August 2023

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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.
  • ADB approves USD 40.5 mn loan for childhood development in Meghalaya
  • Canara Bank introduced Canara Jeevan Dhara savings bank account
  • Zerodha gets the final nod from Sebi to launch a mutual fund business
  • NHA and IRDAI collaborate to boost digital health integration in insurance
  • RBI to start pilot Project on Public Tech Platform (PTP) for frictionless credit
  • RBI launched the UDGAM portal to track unclaimed deposits
  • YES BANK launched ‘iris’ to offer digital banking solutions in India
  • Indian Bank opens specialized startup cells in 10 cities
  • Axis Bank partners with RBI innovation hub to launch KCCs and MSME loans
  • Canara Bank launches UPI Interoperable Digital Rupee mobile application
  • Government to launch ‘Mera Bill Mera Adhikar’ GST reward scheme
  • LIC acquires 7% stake in Jio Financial Services via RIL demerger action
  • CVC reconstitutes advisory board on bank frauds
  • IndusInd Bank launches multi-branded credit card with Qatar Airways
  • Postal Life Insurance launches direct incentive disbursement for sales staff
  • Bandhan Bank ties up with Odisha govt to strengthen Odisha Tourism Development Corporation (OTDC)
  • Domestic companies raised Rs 9.8 lakh cr from the market in FY23: SEBI
  • Repo rate unchanged at 6.5%
  • AU Small Finance Bank to provide 24×7 video banking service
  • Banks write off Rs 14.56 lakh crore NPAs in the last nine financial years
  • Bajaj Finance partnered with ICICI Lombard to offer an insurance plan
  • Axis Bank to acquire balance 7% stake in Max Life for Rs 1,612 crore
  • RBI raises per transaction limit for UPI Lite to 500 rupees
  • Airtel Payments Bank Launched India’s 1st Eco-Friendly Debit Card
  • IIITD-IC partners with YES Bank to scale up Indian startups
  • Tata AIA introduces Industry-First Premium payment through WhatsApp
  • Wholesale inflation stayed negative for the fourth month at -1.36% in July
  • Retail inflation rose to a 15-month high of 7.44 percent in July
  • RBI imposes monetary penalty on four co-operative banks for violating rules.
  • India to become 3rd largest economy by 2027: SBI chief economist.
  • India and ADB signed $200 mn loan deal to enhance urban services
  • GST collections for the month of July crossed ₹1.6-lakh cr mark for 5th time
  • SBI raises 10,000 cr via 15-year Infrastructure bonds
  • NABARD sanctions Rs 1974 crore to Rajasthan govt
  • SIDBI collaborated with CIIE at IIM Ahmedabad
  • South Indian Bank launches SIB EXIM Current Account
  • HDFC Bank’s Jagdishan Highest Paid Bank CEO in FY23 with Rs 10.55cr Pay
  • HDFC Bank launches India’s First Co-Branded Hotel Credit Card with Marriott
  • SBI launches Aadhaar-based enrolment for social security schemes
  • DBS partners with Maptrasco to complete the first eBL transaction
  • Airtel Payments Bank partnered with Frontier Markets to support 1 lakh women
  • RBI raises small value payment transaction limit in offline mode to Rs 500
  • Yes, the bank partnered with fintech Zaggle for next-gen corporate credit card
  • LIC Partners with Saraswat Cooperative Bank to Increase the Life Insurance
  • Axis Bank launches ‘Infinity’ Savings Account
  • Infosys onboards Rafael Nadal as ambassador
  • Infosys welcomes Iga Swiatek as Global Brand Ambassador
  • Indian Oil ropes in chef Sanjeev Kapoor as its brand ambassador

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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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