Oct 07, 2021 04:06 PM IST
There is an urgent need to make formal financial services more flexible, and customer centric, in order to increase its usability
- Aug 25, 2021 07:17 AM IST
The FI-Index will assess the quality and extent of financial inclusion in India and will be published every July for the previous financial year ended March.
- Aug 19, 2021 04:46 PM IST
Notably, the company, aiming for comprehensive financial inclusion, has disbursed loans worth more than Rs 3,000 crore this year.
- Feb 28, 2021 03:38 PM IST
The RBI observed that CBDC can be designed to endorse financial inclusion by direct benefit transfer, endorse non-anonymity at a personal level and regulate transactions. Adding more, the RBI added that CBDC can help pump central bank ‘helicopter money’.
- Feb 26, 2021 03:44 PM IST
“The government's vision of the country's financial sector is very clear – with place for ifs and buts. Our top priority is to ensure that depositors and investors experience trust and transparency. The old ways and old systems of banking and non-banking sectors are being changed,” PM Modi said.
- Dec 08, 2020 04:21 PM IST
Gates praised India for building ambitious platforms for universal identification and digital payments which include the world’s largest biometric database and a system for sending rupees between any bank or smartphone app.
- Jul 10, 2020 09:55 AM IST
Giving every woman a bank account allows government benefits to reach citizens directly and instantly
- May 18, 2020 01:38 PM IST
Millions of people and institutions around the world are being forced to adapt, and as we all know, digitisation is perhaps the biggest aspect of adapting to this crisis.
- Sep 25, 2019 02:46 PM IST
Physical presence of officials has all but killed the ‘attempted digitisation’ and with it, hopes of the fintech sector
- Jun 20, 2019 03:43 PM IST
The new regime must be one that can hold all entities to a common standard of institutional conduct in how they deal with the individual customer, including how they sell products.
- Apr 19, 2019 09:54 AM IST
India needs to create an ecosystem of continuous change. What India chooses now on the reforms and execution front will determine if it moves up on the potential growth curve, or if it goes back into the all too familiar cyclical roller coaster.
- Feb 01, 2019 07:04 PM IST
This is Modi government’s last budget before the country votes for a new government during the Lok Sabha election, to be held in April-May
- Aug 06, 2018 12:39 PM IST
The biggest beneficiaries of interoperability will be the wallet users, who will not have to specifically look for merchants who accept a certain wallet
- Jun 14, 2018 08:42 AM IST
In its first recommendation paper on Digital Inclusion, the W20 has called on the G20 member states to take coordinated action to make digital transformation more inclusive by fostering women's participation in the digital sector and closing the digital gender divide in the access, development and use of digital technologies.
- Mar 05, 2018 09:37 PM IST
The investments, focussed in India, Kenya, Tanzania and Uganda, are aimed at advancing gender equality, spreading digital financial inclusion, increasing job opportunities, and supporting the agricultural sector
- Sep 11, 2017 09:02 PM IST
The swap ratio being considered is one share of IndusInd Bank for 1.75 shares of Bharat Financial while RBL had proposed a 2:1 ratio.
- Aug 16, 2017 05:24 PM IST
Balance in Jan Dhan accounts jumped 70 percent to peak at Rs 74,609.5 crore in 25.82 crore accounts by December 7. In over 6 months, this reduced by Rs 9,832.87 crore to Rs 64,776 crore, drop of 13 percent as on July 19 this year since the demonetisation peak
- Apr 13, 2017 02:18 PM IST
Technology and data analytics have been put to good use by many fintech players such as Artoo, Innoviti, ArthImpact, FlexiLoans and others to explore the largely untapped market.
- Jan 31, 2017 11:41 AM IST
Underlining key policy initiatives taken by the government and their progress, President Pranab Mukherjee said the core of all government policies is the â€œwelfare of needyâ€.
- Dec 31, 2016 02:02 PM IST
Enabling Financial Inclusion Through Efficient Remittances, Digitization and Demonetization is a special series which focuses on remittances and their impact on financial inclusion and development in India. CNBC-TV18‘s Ritu Singh talks to a panel of experts who discuss the impact of remittances on the economy and financial inclusion
- Jul 18, 2016 02:50 PM IST
Observing that bankers usually focus on large borrowers with bottomline in mind, the governor said Aadhaar Enabled Payment System will go a long way in taking financial services to the underserved.
- Jul 05, 2016 08:16 PM IST
PMJDY has played a crucial role to cover more Indian women under the financial inclusion folder with as many as 47 percent of them possessing the basic bank
account under the scheme, a report study said on July 5
- Jun 16, 2016 09:08 PM IST
Investment fund Lok Capital on June 16 said it aims to raise a corpus of about USD 100 million (about Rs 673.4 crore) to invest in growth-stage companies in India across sectors like financial inclusion, healthcare and agriculture
- Jun 13, 2016 09:30 PM IST
Asserting there is no room for promoters to experiment with upcoming payments and small finance banks, RBI Deputy Governor S S Mundra on June 13 said there
should not be any "adventurism", and institutional progress of the entities will be monitored closely in formative stages
- Jun 09, 2016 06:52 PM IST
Reserve Bank Deputy Governor S S Mundra on June 9 asked banks to refrain from being "over-zealous" while lending, saying it leads to over-indebtedness of customers, results in default and spoils their credit history