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Banking Current Affairs: 3rd Mar 2024

Today’s Current Affairs: 3rd Mar 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc

Paytm Payments Bank fined Rs 5.49 crore for violating money laundering norms:

  • The Financial Intelligence Unit-India has imposed a monetary penalty of 5.49 crore rupees on Paytm Payments Bank Ltd concerning violations of its obligations under the Prevention of Money Laundering Act.

Gross GST collections rise 12.5% to Rs 1.68 lakh crore in February:

  • A total of 1,68,337 crore rupees gross GST revenue has been collected during February. This marks a robust 12.5 percent increase compared to that in the same month last year.
  • This growth was driven by a 13.9 percent rise in GST from domestic transactions and an 8.5% increase in GST from import of goods.

India’s GDP shines in Q3, grows at 8.4%; FY24 estimate pegged at 7.6%:

  • India’s GDP registered a robust growth of 8.4% on an annual basis in the third quarter (October-December), as against 8.1% in the previous quarter, data released by the National Statistical Office showed.


  • Exercise Samudra Laksamana is underway from at/ off Visakhapatnam. Indian Naval Ship Kiltan & Royal Malaysian Ship KD Lekir are participating in the 3rd edition of this exercise which has harbor professional interactions followed by the operational phase at sea

Prime Minister Modi inaugurates Bharat Tex 2024:

  • The 4-day textile event is considered one of the largest-ever global textile events to be organized in India with more than 100 countries participating.

India’s February manufacturing PMI rises to 56.9, the highest in 5 months:

  • The manufacturing sector gathered momentum in February on the back of expansion in new export orders and easing of pricing pressures as the headline Purchasing Managers Index (PMI) climbed to a five-month high.

C-DOT and Qualcomm Sign MoU to Boost Make in India Vision:

  • At the Mobile World Congress 2024 in Barcelona, Centre for Development of Telematics (C-DOT), supported by the Government of India, and Qualcomm Technologies have forged a strategic collaboration to advance Atmanirbhar Bharat and drive innovation within India’s telecom sector.

PM Modi Inaugurates Rs 7,200 Crore Projects In West Bengal:

  • Prime Minister Shri Narendra Modi dedicated to the nation and laid the foundation stone for multiple development projects worth Rs 7,200 crore in Arambagh, Hooghly, West Bengal.

L&T Commissions First Indigenously Manufactured Hydrogen Electrolyser At Hazira:

  • Larsen & Toubro (L&T) has achieved a major milestone in clean energy by commissioning its first domestically manufactured electrolyser at the Green Hydrogen Plant in Hazira, Gujarat.

Dharmendra Pradhan Launches Project ODISERV For Odisha’s Graduates:

  • Union Minister of Education and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan, inaugurated Project ODISERV in Sambalpur, Odisha, marking a significant step towards preparing young graduates for employment opportunities in the financial services sector