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Economy Current Affairs March 2024

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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 Line Short Economics Current Affairs of March 2024

  • Zurich Insurance to acquire 70% stake in Kotak General
  • India’s GDP to grow at around 6.75-6.8% in FY25: BoB
  • EPFO organizing its monthly district outreach programme Nidhi Aapke Nikat 2.0
  • Amazon Pay gets final approval from RBI to operate as payment aggregator
  • Mahanagar Gas acquires 30.97% share in 3EV Industries
  • MobiKwik introduces Pocket UPI to facilitate payments without linking a bank account
  • Jana SFB partnered with Dvara Money for digital banking
  • RBI cancels licence of Rajasthan-based Sumerpur Mercantile Urban Coop Bank
  • Maruti Suzuki partners with Union Bank of India for dealer financing solutions
  • India’s GDP growth at 8.4% in Q3 2023-24
  • GST Collections Jump 12.5% YoY to Rs 1.68 Lakh Crore in Feb 2024
  • FIU imposes 5.49 crore fine on Paytm Payments Bank
  • Flipkart unveils its UPI handle to boost India’s digital evolution
  • Kotak Mahindra Bank introduces Smart Choice Gold Loan
  • RBI approves AU-Fincare Small finance bank merger
  • Moody’s raises India’s 2024 GDP forecast to 6.8%
  • PNB ties up with EaseMyTrip to launch travel credit card
  • Infibeam Avenues get RBI’s authorization to payment aggregator licence
  • 30 banks join RBI’s UDGAM portal for unclaimed deposits
  • CRISIL raises India’s GDP growth forecast to 6.8% for FY25
  • Kotak Life introduces Non-Linked Par Product Kotak G.A.I.N
  • Future Generali India launches new women’s health insurance plan
  • Karnataka Vikas Grameena Bank launches ‘Vikas Spoorty’
  • PayUNPCI join hands to roll out Credit Lines on UPI’ feature
  • IndiaNepal sign pact to link UPI, NPI for faster remittances
  • South Indian Bank gets Best Technology Bank of the Year award
  • RBI extends deadline for Paytm Payments Bank restrictions to March 15
  • IRDAI reconstitutes expert committee for Ind AS/IFRS implementation
  • Paytm shifts nodal account to Axis Bank for seamless transactions
  • LIC launched ‘Amritbaal’ plan for children
  • Bandhan Bank authorized to collected revenues of West Bengal govt
  • Mitsubishi Corp to acquire 32% stake in TVS Vehicle Mobility
  • IEPFA and DBS Bank signs MoU to spread awareness on investment and fraudulent schemes
  • IREDA and PNB join hands to Co-Finance Renewable Energy Projects
  • Morgan Stanley projects India’s GDP growth for FY25 to 6.5%
  • PayPal registers with FIU of India under anti-money laundering law
  • Whirlpool sells 24% stake in India unit for $468 million
  • RBI grants payment aggregator licence to Mswipe Technologies
  • HDFC Bank raises $300 million through maiden sustainable finance bond issue
  • SBI partners with Flywire to modernize international education payments for students
  • LIC launches new plan “Index Plus” Policy
  • RBI repo rate unchanged at 6.5 percent
  • Karnataka Bank launches centenary campaign
  • RBI Grants Payment Aggregator Licences to JuspayZoho, and Decentro
  • Employees’ Provident Fund Organization (EPFO) Raises Interest Rate on PF Deposits to 8.25%
  • Paytm E-commerce rebrands to Pai Platforms
  • RBI increases ceiling on fees payable to non-executive directors of banks to Rs 30 lakh per year
  • India launches UPI payment services in Sri Lanka, Mauritius
  • India’s Retail inflation is at 3-mth low to 5.1% in January
  • India’s WPI inflation eases to three-month low of 0.27 per cent in January
  • RBI Imposes Major Restrictions on Paytm Payments Bank
  • GST collections rise 10% to ₹1.72 lakh crore in January
  • Saudi ArabiaUAEEthiopiaIranEgypt confirmed they are joining BRICS
  • Government allocates 3.4% of GDP for Capital Expenditure Boost
  • Govt revised the fiscal deficit estimates at 5.8% in FY24
  • 97.50% of Rs 2,000 Notes Returned to SystemRBI
  • ESAF Small Finance Bank and Edelweiss Insurance partner to offer Life Insurance
  • UPI transactions reach a record Rs 18.41 trillion in JanuaryNPCI
  • Government Boosts Sovereign Gold Bond Issuance to 3,500 Crore in FY 25
  • Digital payments rise 10.94 pc annually at September-end 2023RBI
  • SBI’s Q3FY24 net profit drops 35.5% due to one-time provisions
  • CCI approves acquisition of 70% stake by Zurich Insurance Company in Kotak Mahindra General Insurance
  • HDFC Bank rolls out 4 SME credit cards for entrepreneursfreelancers
  • Max Financial gets IRDAI nod for capital infusion of Rs 1,612 cr by Axis Bank into Max Life Insurance


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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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