One line short Economy Current Affairs January 2024
- CCI approves proposed merger of Fincare SFB with AU Small Finance Bank
- SBI Life Insurance launches two new term plans with the return of premium
- Yes Bank becomes the first Indian bank to conduct export finance transactions on RXIL’s ITFS
- REC to lend 2 trillion for solar panels
- HDFC Bank first lender to issue 20 million credit cards
- LIC gets RBI nod for 9.99% stake buy in HDFC Bank
- Zomato receives RBI’s nod to operate as a payment aggregator
- Bank of Baroda’s arm rebranded as ‘BOBCARD Limited’
- Entero Healthcare Solutions, JNK India, Exicom Tele-Systems and Akme Fintrade (India) get SEBI’s nod to launch IPOs
- BoB raises Rs 5,000 Crore via 10-year infrastructure bonds
- Mahila Samman Savings Certificate collected over ₹14,500 crore in 9 months
- FY 2023-24 marks the third successive year of over 7% growth of the Indian economy: Economic Review
- IMF upgrades India’s GDP growth rate to 6.7 per cent for current financial year
- Yes Bank deploys Veefin’s SmartFin supply chain finance solution
- IndusInd Bank ties up with EazyDiner to launch credit card
- LIC overtakes SBI to become the most valuable PSU
- ICICI Bank Canada Launches ‘Money2India (Canada)’ Mobile Banking App
- Cabinet approves creation of posts for 16th Finance Commission
- IREDA, Indian Overseas Bank ink pact to co-finance renewable energy projects
- BoB launches new ‘bob 360’ deposit scheme
- LIC launches Jeevan Dhara II plan
- Fino Payments Bank applies to RBI for SFB license
- Indusind Bank Introduces The ‘Samman Rupay Credit Card’
- World Bank Keeps India’s FY25 GDP Growth Estimate Unchanged At 6.4%
- Rural Development Ministry signs pact with SBI to facilitate loans for SHGs
- Indian Bank Launches ‘Indian Bank One Co-Branded Credit Card’
- SBI Launches Green Rupee Term Deposit
- RBI imposes fine on Dhanlaxmi Bank, ESAF Small Finance Bank, Punjab and Sind Bank over non-compliances
- DLabs at ISB launches `Build for Billions’ jointly with RBI Innovation Hub, Union Bank of India
- Tata Consumer signs pacts to buy Capital Foods, Organic India
- Wholesale inflation rises to 0.73% in December
- Sukanya Samriddhi Schemes’ interest rates hiked up to 20 bps for Q4FY24
- GST collection rises 10% in December to Rs 1.64 lakh cr
- UPI ends 2023 with record transactions worth ₹18-lakh crore
- India Ratings revises PNB Housing Finance NCD ratings from AA to AA+
- Bank of India introduced Super Special Fixed Deposit
- India Ratings raises GDP growth forecast for FY’24 to 6.7% from 6.2%
- Canara Bank to launch Data Analytics center in Bengaluru
- REC Limited and Bank of Baroda join hands to finance Power, Infra, and Logistics Projects
- SBI raises $250 mn via Green Bonds to fund sustainable projects
- Indian economy to grow at 3 percent in current financial year; NSO