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...
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...
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...
by AIP Online Bureau | Jan 13, 2026 | Health, Indian News, Non-Life, Policy
V Anantha Nageswaran,Chief Economic Adviser He also emphasised that mainstream banks must actively absorb the new proven borrowers, such as PM SVANidhi beneficiaries, into their core portfolios, offering regular loans, insurance, and working capital lines, not just as...
by AIP Online Bureau | Dec 7, 2025 | Data, Eco/Invest/Demography, Indian News
M. Nagaraju, Secretary, Department of Financial Services. About 78.2 per cent of these accounts are located in rural or semi-urban areas, while women hold around 50 per cent of them New Delhi: India’s financial inclusion drive has reached a major milestone, with Jan...
