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Regulations should not create unintended barriers for financial inclusion: RBI Guv

Regulations should not create unintended barriers for financial inclusion: RBI Guv

by AIP Online Bureau | Mar 26, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

“India has made substantial progress on financial inclusion with 94 per cent of adults now having a bank account, It must be ensured that regulations do not create unintended barriers to financial inclusion. We need to be mindful of customer rights and...
Bring more people into fold of financial inclusion schemes: Fin Services Secy Nagaraju to banks

Bring more people into fold of financial inclusion schemes: Fin Services Secy Nagaraju to banks

by AIP Online Bureau | Jan 15, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Risk Management

Nagaraju said that significant progress has been made in expanding social security and deepening financial inclusion in the country through various flagship schemes of the government, and further urged the public and private sector banks to dedicatedly work towards...
Bring more people into fold of financial inclusion schemes: Fin Services Secy Nagaraju to banks

Finmin to meet heads of banks on Wed to review financial inclusion schemes

by AIP Online Bureau | Jan 12, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation

M Nagaraju,Financial Services Secretary The Finance ministry from time to time launched various drives to achieve saturation under Pradhan Mantri Jan dhan Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY). New...
India’s FinTech sector has received $6 bn investment in last 2 years: RBI chief

India’s FinTech sector has received $6 bn investment in last 2 years: RBI chief

by AIP Online Bureau | Aug 29, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Technology

Shaktikanta Das,Governor,RBI RBI Governor Shaktikanta Das said to build a financial system that serves the broader society, it was essential to give priority to digital financial inclusion. While significant strides have been made in expanding financial inclusion, the...
Pradhan Mantri Jan Dhan Yojana@10: World’s Largest Financial Inclusion Mission

Pradhan Mantri Jan Dhan Yojana@10: World’s Largest Financial Inclusion Mission

by AIP Online Bureau | Aug 27, 2024 | Articles, Banking & Bancassurance, Eco/Invest/Demography, Life, Non-Life, Policy, Technology

PMJDY, the world’s largest successful mission has already crossed the 53 crore beneficiaries mark Through PMJDY, one can avail benefits of multiple schemes via Direct Benefit Transfer (DBT). They include Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri...
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