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financial inclusion

India's Financial Inclusion Index improves to 64.2 in 2023-24

India's Financial Inclusion Index improves to 64.2 in 2023-24

Tue, Jul 09, 2024

The FI-Index has been conceptualised as a comprehensive index incorporating details of banking, investments, insurance, postal as well as the pension sector in consultation with the government and respective sectoral regulators.

Why Is RBI Cracking Down on Co-Branded Credit Cards?

Why Is RBI Cracking Down on Co-Branded Credit Cards?

Tue, Mar 12, 2024

India's central bank, the RBI, is taking measures to regulate cobranded credit cards, aiming to prevent non-banking entities from exploiting loopholes. Learn about the new guidelines and their impact on the financial sector.

Cabinet Decision: Rs 820 crore approved for India Post Payments Bank - Financial inclusion

Cabinet Decision: Rs 820 crore approved for India Post Payments Bank - Financial inclusion

Wed, Apr 27, 2022

The Union Cabinet has approved financial support of Rs 820 crore for India Post Payments Bank, a source said on Wednesday.

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Pradhan Mantri Mudra Yojana: Over 34.42 crore beneficiaries get Rs 18.60 lakh crore loan under PMYY

Pradhan Mantri Mudra Yojana: Over 34.42 crore beneficiaries get Rs 18.60 lakh crore loan under PMYY

Fri, Apr 08, 2022

More than 34.42 crore beneficiaries have received Rs 18.60 lakh crore loan under the Pradhan Mantri Mudra Yojana (PMMY) since its launch seven years ago, the Finance Ministry said on Friday.

Financial inclusion: Is this the key

Financial inclusion: Is this the key

Tue, Sep 04, 2018

India has a burgeoning population greater than 1.3 billion and is close to overtaking China to become the most populous country in the world. However, a large portion of the population still doesn’t have access to basic banking services, let alone credit facilities.

India should focus on women's inclusion in economy: IMF Chief

India should focus on women's inclusion in economy: IMF Chief

Tue, Jan 23, 2018

Lagarde also said that India should continue with reforms with special focus on financial services sector.

GST to be best achievement of PM Narendra Modi government: Assocham

GST to be best achievement of PM Narendra Modi government: Assocham

Sun, May 21, 2017

As India's prime minister Narendra Modi has completed his three years of tenure this May industry organisation Assocham has said the implementation of the GST in the next few weeks would be the biggest achievement of the prime minister.

Budget 2017: Payment gateway cos expect govt to offer incentives, tax breaks & exemptions to boost digital transactions

Budget 2017: Payment gateway cos expect govt to offer incentives, tax breaks & exemptions to boost digital transactions

Mon, Jan 23, 2017

Find out what are Budget 2017 expectations of payment gateway companies like Telr, Payoneer, Atom Technologies, TechProcess Payment Services, RazorPay, Chillr, Happay and PayU India.

Airtel rolls out payments bank in Rajasthan; offers 7.25% interest

Airtel rolls out payments bank in Rajasthan; offers 7.25% interest

Wed, Nov 23, 2016

Airtel Payments Bank Limited (Airtel Bank), a subsidiary of Bharti Airtel Limited on Wednesday announced roll out of pilot banking services in Rajasthan to test systems and processes ahead of a full scale pan Indian launch.

Financial inclusion an important element in ensuring access and equity: Raghuram Rajan

Financial inclusion an important element in ensuring access and equity: Raghuram Rajan

Mon, Jul 18, 2016

Rajan believes that though the country has come a long way in the process of financial inclusion, but "still a long way to go".

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