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Economy Current Affairs – June 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.
  • RBI imposes Rs 2.5 crore penalty on Jammu & Kashmir Bank, Axis Bank
  • Indian Overseas Bank (IOB) signs MoU with the Tamil Nadu State Rural Livelihood Mission
  • Paytm signs MoU with Arunachal Pradesh for creating a startup ecosystem
  • Infosys bags $454-million deal from Danske Bank
  • Aditya Birla Sun Life Insurance launches ‘Nishchit Pension Plan
  • Manipal Technologies and Indian Bank joined hands to offer banking products
  • Indian Renewable Energy Development Agency (IREDA) opens Paperless Business Centre at East Kidwai Nagar, New Delhi
  • ICICI Lombard launches insurance products for MSMEs
  • S&P retains India’s growth projection at 6% for FY24
  • RBI cancels Mahalaxmi Cooperative Bank Dharwad’s banking license
  • Kotak Insurance partners with ai to provide insurance to MSMEs
  • World Bank approves $391 million for Assam, Tripura
  • Russia’s Sberbank launches Indian rupee accounts for individuals
  • RBI imposes Rs 20 lakh penalty on Manappuram Finance
  • World Bank approves $150-million loan for Resilient Kerala programme
  • Kotak Mahindra Bank launches ‘ActivMoney’
  • SEBI issues guidelines on product offerings by online bond platform
  • Paytm introduces UPI Software Development Kit (SDK) for seamless online merchant payments
  • IndusInd Bank collaborates with Wise to offer low-cost & fast inward remittance to India
  • UK’s Lloyds Banking Group to set up tech centre in Hyderabad
  • Axis Bank launches ‘One-View’ feature
  • Fitch raises India’s GDP forecast to 6.3% from 6% for FY24
  • Airtel Payments Bank ties up with Care for Health insurance
  • RBI Monetary Policy 2023, Repo Rate unchanged at 6.5%
  • SIDBI signs MoU with HDFC Bank to offer financial solutions to MSMEs
  • Google Pay launches Aadhaar-based authentication for UPI activation
  • PhonePe launches Account Aggregator services
  • Federal Bank launches ‘I am Adyar, Adyar is me’ campaign
  • RBI permits First Loss Default Guarantee (FLDG) between fintech and banks, NBFCs
  • India tops world ranking in digital payments
  • SBI to raise Rs 50,000 crore in FY24
  • India’s CPI inflation eases to 4.25 percent in May
  • Punjab & Sind Bank to raise Rs 750 cr via bonds
  • Punjab National Bank launches IVR-based UPI 123PAY
  • India, ADB sign $130 million loan MoU to boost horticulture in HP
  • KVG Bank launches new deposit scheme ‘Vikas Ashadeep 400 days’
  • South Indian Bank launches digital platform for hassle-free account opening
  • Fino Payments Bank joins Hubble to introduce spending account
  • Sebi introduces a framework for direct mutual fund investment platforms
  • Reserve Bank of India (RBI) opens regional office in Nagaland
  • SIDBI launches mission (Electric Vehicle Operations and Lending for Vibrant Ecosystem) to finance MSMEs for EVs
  • World Bank launches its first road safety project in South Asia
  • Indian Overseas Bank Introduces “MY ACCOUNT MY NAME
  • Education loans register 17% growth in FY23
  • YES BANK launches new logo and campaign
  • Bajaj Allianz Life launches term insurance plan for Type 2 diabetics
  • GST collection rises 12% to ₹1.57-lakh crore in May
  • RBI fines Indian Overseas Bank Rs 2.2 crore for multiple violations
  • SBI launches Project Kuber in Bengaluru
  • RBI Governor launches Financial Inclusion Dashboard ‘ANTARDRIHSTI’
  • Bank of Baroda launches cash withdrawal facility via UPI on its ATMs
  • World Bank cuts India’s GDP growth forecast for FY24 to 6.3%
  • Kotak Bank launches Réserve premium account
  • Yes Securities partners with WatchYourHealth to provide investment solutions
  • HDFC Bank introduces Millennia Credit Card
  • Wipro launched an innovation experience for financial services with Microsoft

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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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