Page-85 of Economy & Banking Current Affairs

RBI: Relaxations in Card Storage Norms

July 30, 2022

Reserve Bank of India (RBI) recently revised its guidelines on payment aggregators as well as reopened the window to grant licences until September 30, 2022. Before the new guidelines, online non-bank payment aggregators (PAs) were needed to apply to RBI ..

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Gujarat Semiconductor Policy 2022-27

July 30, 2022

Gujarat Government recently unveiled a dedicated ‘Gujarat Semiconductor Policy 2022-27’. The policy aims created at least 2,00,000 new employment opportunities over the five years. Gujarat is the first state in India to release a dedicated semiconductor policy. Government has also ..

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Agriculture Infrastructure Fund Awards 2022

July 30, 2022

Agriculture Minister Narendra Singh Tomar is set to present Agriculture Infrastructure Fund Awards on July 30, 2022 in New Delhi. Awards are presented as a part of Agriculture Infrastructure Fund, which was launched in the year 2020, under Aatmanirbhar Bharat ..

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Bandhan Bank opens currency chest in Deedargunj

July 29, 2022

Bandhan Bank recently inaugurated its currency chest in Deedargunj, Patna. It is the first ever currency chest of the Bandhan bank. It will help in cash management for ATMs and branches in Patna. Key features of the currency chest of ..

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11th Agricultural Census 2021-22

July 29, 2022

11th Agriculture Census 2021-22 was launched by Union Minister Narendra Singh Tomar on July 28, 2022. It was launched to gather data on several parameters, including operational holdings. This year, data will be collected via smartphones and tablets for the ..

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Adventure Tourism recognised as Niche Tourism Product

July 29, 2022

Adventure Tourism was recently recognised as a “Niche Tourism Product” by the Ministry of Tourism. Adventure Tourism includes Water Sports activities. It received the recognition in a bid to promote country, including Bihar, as a 365 days destination as well ..

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CSR funds for ‘Har Ghar Tiranga’

July 28, 2022

Recently, government announced for companies to spend CSR funds on activities related to ‘Har Ghar Tiranga’ campaign. Government is organising the “Har Ghar Tiranga Campaign” as a part of Azadi ka Amrit Mahotsav. The campaign is intended to encourage people ..

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Merger of BSNL- BBNL

July 28, 2022

Merger of Bharat Broadband Network Limited (BBNL) with the Bharat Sanchar Nigam Limited (BSNL) was recently approved by the Union Cabinet. BSNL will work as government’s executive arm and the ownership of assets will be with the government. Currently, BSNL ..

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Recent Data on Bank Frauds and NPA

July 27, 2022

According to Minister of State for Finance, Bhagwat Karad, amount involved in bank frauds as well as select financial institutions has decreased by 8% in past two years. The amount has decreased from Rs 32,178 crore in 2019-20 to Rs ..

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IMF World Economic Outlook- Update

July 27, 2022

India’s economic growth forecast has been reduced from 8.2% to 7.4%. The International Monetary Fund (IMF) released India’s growth prediction in its World Economic Outlook on July 26, 2022. Key Findings of the IMF’s Outlook: India’s economic growth forecast was ..

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