Last Updated: Tuesday, February 3, 2015, 15:38
Vodafone India on Tuesday said it has applied for a payment bank licence and is exploring options for partnerships for the proposed banking venture.
Last Updated: Thursday, January 29, 2015, 23:10
The Reserve Bank on Thursday cautioned that "unbridled" financial inclusion drive could create problems and asked banks to take adequate safeguards in this regard.
Last Updated: Friday, January 2, 2015, 16:09
About 98 percent financially excluded households have been covered under the PMJDY.
Last Updated: Tuesday, December 16, 2014, 22:34
The decision to allow industrial houses to promote new banks has faced sharp criticism by a Parliamentary panel, which said it would be "more in the fitness of things" to keep industry and banking separate.
Last Updated: Friday, December 5, 2014, 18:29
Government on Friday invited suggestions from public for the successful completion of ambitious financial inclusion programme, Pradhan Mantri Jan-Dhan Yojana.
Last Updated: Thursday, December 4, 2014, 16:25
As many as 24,89,185 bank accounts have been opened under Pradhan Mantri Jan Dhan Yojana (PMJDY) in the state as on November-end this year, Haryana Finance Minister Capt Abhimanyu said on Thursday.
Last Updated: Tuesday, December 2, 2014, 15:00
Only 48 percent of Indian adults have bank accounts and nearly half of them lie dormant, says a report.
Last Updated: Saturday, November 29, 2014, 19:31
The recommendations of the FSLRC are divided into legislative and non-legislative aspects.
Last Updated: Friday, November 28, 2014, 18:04
Analysts have welcomed the RBI's final guidelines for setting up small finance banks (SFBs) and payments banks (PBs), saying it will generate good interest in the industry as the norms are accommodative.
Last Updated: Thursday, August 28, 2014, 16:38
Narendra Modi launched Jan Dhan Yojana, under which bank accounts and RuPay debit cards with inbuilt insurance cover of Rs 1 lakh will be provided to crores of persons.
Last Updated: Friday, January 10, 2014, 22:01
The head of an RBI panel on financial inclusion today clarified the committee has not recommended an increase in priority sector lending (PSL) requirement for banks, but has instead suggested a system of risk weights according to sectors and regions where credit has not reached.
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