India had announced a USD 1 billion line of credit to Sri Lanka in March 2022 as part of its financial assistance to help Sri Lanka deal with its economic crisis.

The New Development Bank (NDB) will open its first regional office in India at the Gujarat International Finance Tec-City (GIFT City).

Recently a study was conducted by Abhiman Das and Subal Kumbhakar. Abhiman Das teaches economics at the Indian Institute of Management-Ahmedabad. Subal Kumbhakar teaches economics at the State University of New York, US. The study has found that the merger of government banks was actually weakening the banking system

The Reserve Bank of India (RBI) has approved a dividend payment of ₹30,307 crore to the Centre for the fiscal year ended March 2022. In the 2022 budget, the government had estimated that it would receive ₹73,948 crore as dividend from the RBI and state-run banks for FY22, which would be transferred this fiscal.

India has recorded the "highest ever" annual FDI (foreign direct investment) inflow of USD 83.57 billion in 2021-22. In 2020-21, the inflow stood at USD 81.97 billion.

World Bank has pledged an estimated $30 billion for at least 15 months to tackle the global food security crisis due to the ongoing war in Ukraine. Due to the blockade of the Black Sea ports by Russian warships, nearly 25 million tonnes of grains slated for export to countries worldwide are stuck in Ukraine, unable to be shipped out.

As per RBI data, 12 PSBs (Public Sector Banks) had reported frauds worth Rs 81,921.54 crore in preceding fiscal 2020-21.

Billionaire Mukesh Ambani's Reliance Industries Ltd reported a 22.5 per cent rise in net profit for the quarter ended March on the back of bumper oil refining margins, steady growth in telecom and digital services and strong momentum in the retail business. It is the first Indian company to have crossed USD 100 billion revenue in a year.

Union Transport Minister Nitin Gadkari said that the number of electric vehicles in the country will go up to 3 crore in the next two years. He said that India has the largest pool of young talent and there is a need to encourage these innovative minds.

MSME association Federation of Indian Micro and Small & Medium Enterprises (FISME) has signed a memorandum of understanding (MoU) with financial guarantee provider Eqaro Surety to set up a digital lending platform for MSMEs in the country.FISME said the platform is expected to be launched this year and will provide access to collateral-free capital up to Rs 25 lakh to fulfil MSMEs’ need for urgent funds post due diligence of their businesses.