The Reserve Bank of India announced today that it has granted provisional “in principle licenses” to ten different financial entities to launch…
Financial Inclusion
With an eye on availing the overdraft facilities in PMJDY, many individuals are planning to open an account but are…
Indepay Networks last week introduced its Prepaid Debit Cards for the underbanked and unbanked urban dweller in India. These prepaid debit…
Punjab National Bank has signed a Memorandum of Understanding with Unique Identification Authority of India (UIDAI) today in New Delhi…
The Government of India has announced that a revamped Financial Inclusion Mission would soon be launched in India with added…
Crisil recently launched the Inclusix – An index to measure India’s progress on financial inclusion. At the launch of this index in…
Bank for International Settlements released a consultative document in December 2015, entitled: “Guidance on the application of the Core principles…
The Government of India has mainly two objectives for equitable and sustainable development in rural India. 1. Institutionalization of Rural…
All newly opened bank accounts under PM Jan Dhan Yojana have a monthly limit on withdrawals in the account which…
By Suyash Rai, Advocacy, IFMR Finance Foundation Markets typically exist within the boundaries set by the state. The financial markets…
When the Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched in the last week of August 2014, nobody had anticipated…
Globally economies are constantly evolving. India’s economy is also evolving. As the saying goes that change is the only constant,…
Opening of multiple bank accounts in Pradhan Mantri Jan Dhan Yojana with an eye on cornering the benefits of the…
India: Reliance exits cash & carry biz Reliance Retail has dumped its cash & carry business, or wholesale trading plans,…
The Government of India last week launched the official website for the Pradhan Mantri Jan Dhan Yojana, the website which is…