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’
- PayU, NPCI join hands to roll out Credit Lines on UPI’ feature
- India, Nepal 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 Juspay, Zoho, 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 Arabia, UAE, Ethiopia, Iran, Egypt 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 System: RBI
- ESAF Small Finance Bank and Edelweiss Insurance partner to offer Life Insurance
- UPI transactions reach a record Rs 18.41 trillion in January: NPCI
- Government Boosts Sovereign Gold Bond Issuance to 3,500 Crore in FY 25
- Digital payments rise 10.94 pc annually at September-end 2023: RBI
- 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 entrepreneurs, freelancers
- Max Financial gets IRDAI nod for capital infusion of Rs 1,612 cr by Axis Bank into Max Life Insurance