The Reserve Bank of India announced today that it has granted provisional “in principle licenses” to ten different financial entities to launch payment banks in India called Small Finance Banks. Out of the ten companies granted small finance bank licenses, 8 operate in the microfinance sector.
The Reserve Bank of India announced today that it has granted provisional “in principle licenses” to ten different financial entities to launch payment banks
The provision of overdraft in Jan Dhan Yojana has many people in India excited though many of them do not fully understand
Given below are a list of important features of the Pradhan Mantri Jan Dhan Yojana, a financial inclusion scheme which was launched
Punjab National Bank has signed a Memorandum of Understanding with Unique Identification Authority of India (UIDAI) today in New Delhi to act
April 9, 2010 Legislation Affecting Institutions Engaged in Micro-Finance (Directly or indirectly) The Legal formats of MFIs that are provided by Indian
ESAF Microfinance has initiated and organized the second meeting of MFI’s in Kerala to discuss the formulation of KAMFI – Kerala Association
Indepay Networks last week introduced its Prepaid Debit Cards for the underbanked and unbanked urban dweller in India. These prepaid debit cards will
In order to achieve inclusive development and growth, the expansion of financial services to all sections of society (financial inclusion) is important
With an eye on availing the overdraft facilities in PMJDY, many individuals are planning to open an account but are confused about
Financial Inclusion from around the World Some glittering examples of financial inclusion models from around the world and our take on whether
The Pradhan Mantri Jan Dhan Yojana which is to be officially launched tomorrow is the pet project of India’s PM Shri Narendra Modi
India’s state-owned Industrial Development Bank of India Limited (IDBI) has announced measures to increase the amount of credit to the microfinance industry.