Financial Inclusion

Showing of 21 - 40 from 125 results
Financial Inclusion - Total results - 125
Narendra Modi to launch India Post Payments Bank tomorrow; IPPB to leverage reach of 1.55 lakh post office branches
Business

Narendra Modi to launch India Post Payments Bank tomorrow; IPPB to leverage reach of 1.55 lakh post office branches

Prime Minister Narendra Modi will on Saturday launch the India Post Payments Bank (IPPB) that seeks to leverage the expansive network of the postal department to ensure financial inclusion for the masses

Govt's push for a digital revolution right in intent, but surface level adjustments cannot solve systemic problems
Business

Govt's push for a digital revolution right in intent, but surface level adjustments cannot solve systemic problems

With respect to financial inclusion, mobile phones hold more potential than debit cards as 240 million Indians have an inactive bank account plus a mobile phone.

4 years of Narendra Modi govt: NDA has paid more than a nodding acknowledgement to entrepreneurship; it’s time to up the ante
Business

4 years of Narendra Modi govt: NDA has paid more than a nodding acknowledgement to entrepreneurship; it’s time to up the ante

While the Narendra Modi-led government has made a lot of promises to entrepreneurs, how many of these have really helped the startup sector? The jury is still out on this.

Budget 2018: With more funds, Jan Dhan can graduate from savings to wealth creation
Business

Budget 2018: With more funds, Jan Dhan can graduate from savings to wealth creation

Jan Dhan accounts could be used for income generating activities in poultry, piggery, goatery etc

Budget 2018: Time to push for alternative lending, paperless procedures, e-KYC in fintech landscape
Business

Budget 2018: Time to push for alternative lending, paperless procedures, e-KYC in fintech landscape

Not just developing, but another important aspect of the financial inclusion will be the safety features

Mumbai, Delhi, Chennai, Bangalore can save $7.2 bn annually by going digital, says TR Ramachandran of Visa
Business

Mumbai, Delhi, Chennai, Bangalore can save $7.2 bn annually by going digital, says TR Ramachandran of Visa

Cities can undertake targeted financial literacy programs to help bring the unbanked into the banking system

India is on an exciting path of digital transformation which can be a learning experience for all: IMF Director Vitor Gaspar
News & Analysis

India is on an exciting path of digital transformation which can be a learning experience for all: IMF Director Vitor Gaspar

India is currently pursuing an "exciting" route of digital transformation which can be a learning experience for everyone

Exclusive: Bandhan Bank won’t lend to corporates for now, says Chandra Shekhar Ghosh
Business

Exclusive: Bandhan Bank won’t lend to corporates for now, says Chandra Shekhar Ghosh

We are continuing with our focus on financial inclusion and providing financial services to the financially excluded

India's SMEs need to be empowered with access to funds, not mere provisions of accounts, subsidies
Business

India's SMEs need to be empowered with access to funds, not mere provisions of accounts, subsidies

Traditionally, SMEs have remained a financially unorganised sector. The operations and ownership of such businesses have remained confined to the family or a small group of associates.

Exclusive: Talk of cashless economy ‘unreal’, agenda of MNCs, says former RBI dy gov KC Chakrabarty
Business

Exclusive: Talk of cashless economy ‘unreal’, agenda of MNCs, says former RBI dy gov KC Chakrabarty

Even if RBI opposed demonetisation, the government would have gone ahead with it.

Paytm gets RBI approval to launch payments bank; may start operations next month
Business

Paytm gets RBI approval to launch payments bank; may start operations next month

Paytm was earlier slated to begin operations around Diwali last year.

RBI's idea to bring Sharia Banking into the fray is deeply flawed
Business

RBI's idea to bring Sharia Banking into the fray is deeply flawed

It is with astonishment that I read the announcement by the Reserve Bank of India (RBI) last week wherein it proposed the opening of an "Islamic window" in conventional banks for "gradual" introduction of Sharia-compliant Islamic banking in the country

Financial inclusion push: Govt, RBI mull launching sharia-compliant Islamic banking here
Business

Financial inclusion push: Govt, RBI mull launching sharia-compliant Islamic banking here

The central bank's proposal is based on examination of legal, technical and regulatory issues regarding feasibility of introducing Islamic banking in India on the basis of recommendation of the Inter Departmental Group

India can save upto Rs 70,000 cr in next five years by reducing cash transactions: Visa study
Business

India can save upto Rs 70,000 cr in next five years by reducing cash transactions: Visa study

The Indian economy has a high cost of cash because of significant cost of time, effort and resources, operating and maintaining cash infrastructure, high cost of cash withdrawals, moving and managing cost, Visa said.

Forget allegations, Jan Dhan deposits are on the rise and have crossed Rs 42,000 cr, say officials
Business

Forget allegations, Jan Dhan deposits are on the rise and have crossed Rs 42,000 cr, say officials

There were reports that some bankers have deliberately deposited small amount in PMJDY accounts so that they do not remain under the category of zero balance.

Paytm parent to raise Rs 2,000 cr at $5 bn valuation ahead of payments bank launch
Business

Paytm parent to raise Rs 2,000 cr at $5 bn valuation ahead of payments bank launch

Existing investors such as Chinese e-commerce giant Alibaba and its arm Alipay are also taking part.

The role of POS expansion in the vision of financial inclusion
Biztech

The role of POS expansion in the vision of financial inclusion

Recent announcements by the government on POS (point of sale) expansion and incentivizing card payments show that it means business.

India tops chart on progress on financial inclusion, says BCG report
Business

India tops chart on progress on financial inclusion, says BCG report

The report said the United State's performance in converting both wealth and growth into well-being is below par globally, while Germany's performance is above par on both counts.