Financial Inclusion

Showing of 1 - 20 from 125 results
Financial Inclusion - Total results - 125
Finance Ministry to showcase achievements of financial inclusion at Republic Day parade
Business

Finance Ministry to showcase achievements of financial inclusion at Republic Day parade

The Finance Ministry will showcase achievements of the financial inclusion drive through a tableau during the Republic Day parade on 26 January

Reserve Bank of India changes daily reporting system in cooperative banks after PMC Bank crisis
Business

Reserve Bank of India changes daily reporting system in cooperative banks after PMC Bank crisis

The RBI had put regulatory restrictions on PMC Bank after finding irregularities, and misreporting of loans given to real estate developer HDIL

Most banks fail on policies of climate change, human rights; inaction leaves sector vulnerable to investment risks: Report
Business

Most banks fail on policies of climate change, human rights; inaction leaves sector vulnerable to investment risks: Report

As per the Fair Finance Guide India scorecard, three out of eight Indian banks have scored high on parameters of financial inclusion and corruption.

PSU bank mergers: Consolidation is no panacea as social banking goals remain with state in a vulnerable economy
Business

PSU bank mergers: Consolidation is no panacea as social banking goals remain with state in a vulnerable economy

Some of the fundamental objectives for which banks were nationalised in the first place remain critical for managing India's complex economy.

From GST to Insolvency and Bankruptcy Code, Arun Jaitley, Modi's consensus man, defied status quo after a lull in policymaking
Business

From GST to Insolvency and Bankruptcy Code, Arun Jaitley, Modi's consensus man, defied status quo after a lull in policymaking

Arun Jaitley spearheaded the consensus generation process interacting with opposition ruled states and finally managing to get the required approval from majority states.

FinMin asks PSBs to seek ideas from branches for achieving $5 trillion economy; to prepare roadmap for banking sector
Business

FinMin asks PSBs to seek ideas from branches for achieving $5 trillion economy; to prepare roadmap for banking sector

It will be a bottom-up consultative process with PSBs from the branch level onwards of which will involve discussions at the branch or regional level, state level and national level.

Nandan Nilekani-led committee suggests measures to encourage digital payments, financial inclusion
Business

Nandan Nilekani-led committee suggests measures to encourage digital payments, financial inclusion

Customers must be allowed to initiate and accept a reasonable number of digital payment transactions with no charges, the committee suggested

Tata Consultancy Services modernises 1.5 lakh post offices under multi-year deal with India Post
Business

Tata Consultancy Services modernises 1.5 lakh post offices under multi-year deal with India Post

In 2013, TCS had announced receiving an over Rs 1,100- crore multi-year contract from the Department of Posts

RBI to issue guidelines on regulatory sandbox in next two months to promote innovation in fintech space: Shaktikanta Das
Business

RBI to issue guidelines on regulatory sandbox in next two months to promote innovation in fintech space: Shaktikanta Das

Pointing out some of the challenges, the governor said risks for fintech products may also arise from cross border legal and regulatory issues.

Govt appoints Hemant Bhargava as interim chairman of LIC; initiates process to select regular chairman
Business

Govt appoints Hemant Bhargava as interim chairman of LIC; initiates process to select regular chairman

Bhargava was appointed as the managing director (MD) of LIC in February 2017, the insurer said in a statement.

Firstpost Editor's Picks: Assam before Bogibeel Bridge, KCR's third front dreams, Delhi pollution levels; today's must-read stories
India

Firstpost Editor's Picks: Assam before Bogibeel Bridge, KCR's third front dreams, Delhi pollution levels; today's must-read stories

While many parties have accused KCR of working in tacit understanding with the BJP to defeat Congress, it will be impossible for Stalin or Mamata to be associated with a grouping that has BJP in it.

Women-centric reforms needed for financial inclusion; gender-neutral schemes don't work amid societal bars
Business

Women-centric reforms needed for financial inclusion; gender-neutral schemes don't work amid societal bars

Financial inclusion is important because women specifically score disproportionately low on ordinary functions like savings and borrowings due to reasons such as gender violence, limited mobility, not being allowed to work, etc.

Better payouts to banking correspondents, facilitating paperless banking will spur financial inclusion: NITI Aayog
Business

Better payouts to banking correspondents, facilitating paperless banking will spur financial inclusion: NITI Aayog

Niti said there are constraints due to lack of financial literacy amongst low-income households and small informal businesses and high cost of operations of traditional banking model

NCR for multi-stakeholder talks to resolve ATM industry crisis; 'cannot afford any disruption', says MD Navroze Dastur
Business

NCR for multi-stakeholder talks to resolve ATM industry crisis; 'cannot afford any disruption', says MD Navroze Dastur

There has been a reduction in the number of new ATMs installed this year, and pointed out that the demand for replacements is keeping suppliers like it busy.

Regulatory changes make ATM operations unviable; half of 2.38 lakh machines in India likely to be closed down by March 2019
Business

Regulatory changes make ATM operations unviable; half of 2.38 lakh machines in India likely to be closed down by March 2019

Closure of the ATMs will impact thousands of jobs and also the the financial inclusion efforts of the government, the industry body said in a statement.

RBI board meeting concludes on positive note: Mature solution is good news for financial markets
Business

RBI board meeting concludes on positive note: Mature solution is good news for financial markets

The RBI board meeting which went on for a dramatic nine-hour session has reached a mature solution which is acceptable to all concerned parties

Narendra Modi in Singapore: PM has done more than any other leader to connect India to financial mainstream
India

Narendra Modi in Singapore: PM has done more than any other leader to connect India to financial mainstream

Naysayers may deride the NDA’s push for Aadhaar, Jan Dhan, RuPay, BHIM, demonetisation or GST but the fact remains that Narendra Modi has done more for inclusive development in India through technology and digitization than any other prime minister before him. His place in history is secured.

Govt makes flagship financial inclusion scheme 'Jan Dhan' open-ended with more incentives, says Arun Jaitley
Business

Govt makes flagship financial inclusion scheme 'Jan Dhan' open-ended with more incentives, says Arun Jaitley

Launched in August 2014, the first phase of the Pradhan Mantri Jan Dhan Yojana (PMJDY) was focused on opening basic bank accounts and RuPay debit card with inbuilt accident insurance cover of Rs 1 lakh.

India Post Payments Bank goes live with Aadhaar-based account facility, doorstep delivery of services; all you need to know
Business

India Post Payments Bank goes live with Aadhaar-based account facility, doorstep delivery of services; all you need to know

Narendra Modi launched India Post Payments Bank (IPPB), which is aimed at strengthening financial inclusion by taking banking services to the unbanked rural areas.