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Govt directs banks to increase awareness of claim eligibility in Jansuraksha insurance schemes

Govt directs banks to increase awareness of claim eligibility in Jansuraksha insurance schemes

by AIP Online Bureau | Oct 6, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

Sanjay Lohiya,secretary, Department of Financial Services , also asked banks to enrol all new beneficiaries of PMJJBY & PMSBY through the Jan Suraksha portal as the portal will be integrated with all banks and insurers thereby enhancing the quality of data and...
Govt directs banks to increase awareness of claim eligibility in Jansuraksha insurance schemes

Finmin to meet heads of banks on Tuesday to review progress of financial inclusion scheme

by AIP Online Bureau | Oct 5, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Sanjay Lohiya,Financial Services Secretary The meeting, to be chaired by the secretary, would also discuss and review the progress of various financial inclusion schemes, including PM Mudra Yojana aimed at providing funds to unfunded New Delhi: The finance ministry...
India’s Financial Inclusion Index rises from 53.9 in 2018 to 67 in 2026

India’s Financial Inclusion Index rises from 53.9 in 2018 to 67 in 2026

by AIP Online Bureau | Aug 27, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life

The Pradhan Mantri Jan Dhan Yojana (PM-JDY) accounts have grown four times since 2015 to 59.09 crore and deposits have risen 20-fold to Rs 3,16,514 crore.Nearly 45.95 crore PM-JDY accounts are in rural and semi-urban areas, while 13.14 crore are in urban and...
Pradhan Mantri Jeevan Jyoti Bima Yojana:Driving India’s financial inclusion push

Pradhan Mantri Jeevan Jyoti Bima Yojana:Driving India’s financial inclusion push

by AIP Online Bureau | May 8, 2026 | Articles, Banking & Bancassurance, Eco/Invest/Demography, Life, Pension & Social Security

R. Doraiswamy, CEO and MD, Life Insurance Corporation Many families remain unaware of Pradhan Mantri Jeevan Jyoti Bima Yojana or that premiums were paid for deceased members, with no physical policy document issued.In the absence of a nominee, families must undergo...
Govt deliberates on roadmap for Financial Inclusion 2.0

Govt deliberates on roadmap for Financial Inclusion 2.0

by AIP Online Bureau | Feb 11, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Technology

M. Nagaraju, Secretary, Department of Financial Services Nagaraju emphasized the need for further strengthening measures for achieving goal of presence of at least one bank branch in each subdivision in the North Eastern region, enhancing insurance and pension...
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