Current Affairs - August 2022
RBI and government-assisted banks have recovered bad loans of more than how many lakh crore over the previous eight fiscal years?
The administration informed Parliament that concrete actions were taken by the RBI and government-assisted banks in recovering bad loans of more than Rs 8.6 lakh crore over the previous eight fiscal years.
India's GDP growth is projected to spike to a four-quarter high of 13 per cent in Q1 (April-June) FY23 due to a low base of Covid 2.0 and robust recovery in contact-intensive services, according to ICRA.
Industrial Promotion and Investment Corporation of Odisha and the industry body Federation of Indian Chambers of Commerce and Industry (FICCI) have signed an MoU making the latter a national industry partner for the Make in Odisha Conclave 2022.
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