Tag: financial inclusion
India’s digital public infrastructure among world’s 10 most effective reforms: Report
New Delhi: India’s Digital Public Infrastructure (DPI) has emerged as one of the world’s 10 highly effective structural reforms, supported by the wide reach of…
India needs to shift more household savings to long-term pension assets: CEA Nageswaran
New Delhi: India needs to encourage households to commit a larger share of their savings to long-term pension products as pension and insurance assets remain…
UPI still has ‘lot of scope’ to grow, rural and offline access key challenges: NPCI CTO
Mumbai: The Unified Payments Interface (UPI) still has significant room to expand, particularly in reaching rural populations and developing offline payment solutions, National Payments Corporation…
Jan Dhan at 12: Women hold 33 crore of 59 crore accounts
New Delhi: A whopping Rs 53 lakh crore has been transferred to crores of beneficiaries of various government schemes through the Direct Benefit Transfer, mostly…
Finance Minister Nirmala Sitharaman urges PSBs to sharpen youth outreach, build ahead of demand
New Delhi: Finance minister Nirmala Sitharaman on Tuesday urged public sector banks (PSBs) to develop strategies to attract the youth based on their products, regional…
Delhi State Cooperative Bank to venture into financing farmers, artisans
In a bid to strengthen the cooperative banking ecosystem in the National Capital Territory, NABARD’s New Delhi Regional Office organised its first Capacity Building Workshop…
India remains ADB’s largest private sector market; lender eyes USD 1 bn direct support in 2026
New Delhi: India continues to be the largest market for the Asian Development Bank‘s private sector operations, with the multilateral lender expecting to provide about…
Banco do Brasil aims to boost Brazil-India trade to $100 billion: Tarciana Medeiros
New Delhi, Banco do Brasil President Tarciana Medeiros on Saturday said the bank is prepared to serve as a strategic bridge to expand Brazil-India bilateral…
Financial Inclusion 2.0 in works; FinMin plans push to bring informal borrowers into formal credit system
New Delhi: The finance ministry on Wednesday held deliberations to prepare a road map for Financial Inclusion 2.0. In a statement, the finance ministry noted…
RBI keeps rates, stance unchanged amid evident risks to global trade
The Reserve Bank of India (RBI) expectedly kept its key policy rate unchanged Friday and did not alter its stance citing favourable growth outlook and…