Weekly Current Affairs (2nd March to 8th March 2025)

Category : Business and economics Published on: March 09 2025

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Jio Financial acquires SBI's entire stake in Jio Payments Bank, making it a wholly-owned subsidiary.
EPFO recommends 8.25% interest rate for FY25, unchanged from FY24.
India's GDP growth rises to 6.2% in Q3 of FY 2024-25.
SBI Life appoints Dorababu Daparti as Deputy CEO, effective February 24, 2025.
Lulu Group Wins Sheikh Mansour Bin Zayed Agricultural Excellence Award for Contribution to UAE's Agriculture Sector.
City Union Bank partners with Chennai Super Kings to launch a co-branded credit card offering exclusive CSK benefits.
Delhi Airport launches the UTAM system to enhance airside operations with real-time monitoring.
SEBI launches "Bond Central" portal to provide centralized, authentic, and free information on corporate bonds.
India’s GST collection for February 2025 stood at ₹1.84 lakh crore, marking a 9.1% year-on-year growth.
RBI imposed a ₹66.60 lakh penalty on HSBC for violations related to AML alert closures, forex exposure reporting, and ineligible savings accounts. IIFL Samasta Finance was fined ₹33.10 lakh for misclassifying NPAs, charging pre-disbursement interest, and issuing multiple customer IDs.
Reserve Bank of India (RBI) appoints Ajit Ratnakar Joshi as the new Executive Director.
PhonePe launches the 'Insuring HEROES' campaign to promote women's financial security on International Women's Day.
Tata Motors begins trials of hydrogen-powered heavy-duty trucks for sustainable long-haul transportation.
Indian Overseas Bank partners with IGBC to promote sustainable construction.

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