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Economy Current Affairs December 2023

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Bharathi Pradeep
Bharathi Pradeep
Editor at 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.

One Liner Economy Current Affairs for December 2023

  • SEBI proposes two-phase transition to instant settlement in Indian stock market
  • Fitch expects India to be among fastest-growing nations in 2024-25
  • Japan International Cooperation Agency (JICA) extends ₹932 crore loan to India to implement Sustainable Development Goals
  • SBI to sign $165 million LoC with World Bank for rooftop solar projects
  • NABARD and ADB jointly launch climate action initiative
  • Kotak Mahindra Life Insurance introduces the unveiling of U.L.I.P. (Term with Unit Linked Insurance Plan)
  • SoftBank sells shares worth $310 mn in FirstCry
  • Education Loans Experience 20.6% Spike From April To October
  • IndusInd Bank launches ‘eSvarna’ credit card
  • Ola Electric files IPO papers with Sebi; first by auto company in 20 years
  • World Bank Approves $100 Mn For Skill Development In Sikkim
  • Muthoot FinCorp raises ₹200 crore from SBI via NCDs
  • Current account gap narrows to 1% of GDP at $8.3 bn in Q2FY24RBI
  • Reserve Bank of India approves IDFC-IDFC First Bank merger
  • ICICI Pru Mutual Fund to acquire 9.95% stake in Federal, RBL Bank
  • Canara HSBC Life Insurance launches ‘Alpha Wealth’ plan with option to alter premiums
  • RBI authorizes Bandhan Bank to disburse pensions to railway employees
  • ICICI Pru LifeUjjivan SFB enter into Bancassurance tie-up
  • IndusInd Bank introduces ‘Indus Solitaire Program’ for the Diamond Industry
  • Kotak Mahindra Bank partners with IIT Kanpur to launch Kotak School of Sustainability
  • Reliance General Insurance unveils ‘Reliance Health Global’
  • ICRA revises India’s FY24 GDP growth projection to 6.5% from 6.2%
  • UPI transactions rose by 147 percent in 5 years: Govt to Lok Sabha
  • SBI invests ₹49.99 crore in Canpac Trends
  • India is contributing more than 16% of global growthIMF report
  • RazorpayCashfree secured RBI nod for payment aggregator business
  • Government launched Sovereign Gold Bonds 2023-24 with Digital Discount
  • Aditya Birla Sun Life collaborates with IDFC First Bank for financial solutions
  • U Gro Capital raises ₹250 crore from Dutch Development Bank
  • Unclaimed deposits in Indian banks rose by 28% at Rs 42k crore in 2023
  • Karur Vysya BankHDFC Life enter into corporate agency tie-up
  • Indian economy to grow 6.3% in FY24 and FY25IMF
  • RBL Bank Introduces Electronic Bank Guarantee on NeSL Platform
  • Union Bank collaborates with Accenture to boost operational efficiency
  • SBI Card joins Bharat BillPay in the credit card category
  • LIC fourth largest insurer in the world based on reserves: S&P Global study
  • UPI transaction limit for medical, educational services to be hiked to ₹5 lakh
  • India’s economy to grow at 6.8% in FY24accelerate to 7% in FY25CII
  • RBI has canceled the license of Sitapur-based Urban Co-operative Bank
  • IDFC FIRST Bank launches “FIRST SWYP” credit card
  • U GRO Capital joined hands with Laghu Udyog Bharati to empower MSMEs
  • Intellect signs ₹80-crore deal with Indian Bank to deploy cash management system
  • Bank of India Unveils Nari Shakti Savings Account
  • Retail inflation surged to 5.5% in November amid rising food prices
  • Poonawalla Housing Finance rebrands as Grihum Housing Finance
  • SBI signed 70-million-euro LoC with KfW for solar projects
  • Reliance Industries partners with DBS Bank for financing programme
  • IDFC FIRST Bank, LIC Cards, and Mastercard to co-launch Credit card
  • ADB raises India FY24 growth forecast to 6.7%
  • WPI inflation in Nov at 0.26%, returns to positive territory after 7 months
  • The total GST revenue 1.68 lakh crore in the month of November 2023
  • SEBI is announced to extend the timeline of implementation for SEBI Complaint Redressal (SCORES) platforms.
  • Ujjivan Small Finance Bank partners org to offer sanitation loan
  • LIC introduces new whole life insurance policy Jeevan Utsav
  • Kanchan Devi first woman DG of Doon-based Indian Council of Forestry Research and Education (ICFRE)
  • Bharti Airtel Becomes the 8th Company to Surpass ₹6 Lakh Crore Mcap
  • RBI cancels licence of Shankarrao Pujari Bank in Maharashtra
  • India set to become third-largest economy by 2030S&P
  • SBI to acquire 20 percent stake in SBI Pension Funds for Rs 230 crore
  • RBI keeps policy repo rate unchanged at 6.5 percent in latest MPC meet
  • Federal Bank Named “Bank of the Year (India)” by Financial Times


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Bharathi Pradeep
Bharathi Pradeep
Editor at 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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