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 Q2FY24: RBI
- 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 Life, Ujjivan 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 growth: IMF report
- Razorpay, Cashfree 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 Bank, HDFC Life enter into corporate agency tie-up
- Indian economy to grow 6.3% in FY24 and FY25: IMF
- 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 FY24, accelerate to 7% in FY25: CII
- 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 2030: S&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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