Small Finance Bank Licenses issued to 8 companies by RBI
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...
Indepay Prepaid Debit Cards launched for Urban un-banked in India
Indepay Networks last week introduced its Prepaid Debit Cards for the underbanked and unbanked urban dweller in India. These prepaid debit cards will extend the...
UIDAI and Punjab National Bank sign MoU
Punjab National Bank has signed a Memorandum of Understanding with Unique Identification Authority of India (UIDAI) today in New Delhi to act as Registrar...
New Financial Inclusion India Mission launched
The Government of India has announced that a revamped Financial Inclusion Mission would soon be launched in India with added facilities which include savings,...
Financial Inclusion in India Report 2013
Crisil recently launched the Inclusix – An index to measure India’s progress on financial inclusion. At the launch of this index in June 2013 it also...
Government Policies and Financial Inclusion
By Suyash Rai, Advocacy, IFMR Finance Foundation
Markets typically exist within the boundaries set by the state. The financial markets are no exception to this....
PMJDY – Jan Dhan Yojana – Questions
When the Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched in the last week of August 2014, nobody had anticipated that it would become...
Multiple Accounts in Pradhan Mantri Jan Dhan Yojana
Opening of multiple bank accounts in Pradhan Mantri Jan Dhan Yojana with an eye on cornering the benefits of the scheme has now emerged...
Reliance exits cash and carry business
India: Reliance exits cash & carry biz
Reliance Retail has dumped its cash & carry business, or wholesale trading plans, with the entire operational management...
www.pmjdy.gov.in website launched
The Government of India last week launched the official website for the Pradhan Mantri Jan Dhan Yojana, the website which is accessible in both English...
Financial Inclusion in Urban India
Prior to 2008, public sector banks in India were considered as conservative, sluggish and weak. But this perception changed dramatically after the global financial...
Intermediaries for achieving Financial Inclusion in India
Intermediaries for achieving financial inclusion can be broadly subdivided into two categories:
1. Regulatory approved category of intermediaries
2. Other intermediaries.
Till date, the following have been...
Financial Inclusion and Economic Growth in India
The Indian growth story started unfolding with the IT Sector in the late ’90s. For the first time, global corporates realized the importance of...
Financial Inclusion 2014 – Global Financial Development Report
In November 2013, World bank released its second report on Financial Inclusion titled ” Global Financial Development Report 2014” which is part of a new World...
Loan under Pradhan Mantri Jan Dhan Yojana (PMJDY)
The Pradhan Mantri Jan Dhan Yojana which is to be officially launched tomorrow is the pet project of India’s PM Shri Narendra Modi and is...