RuPay card to soon overtake Visa-Master cards in India?

Last Updated: Wednesday, August 19, 2015, 17:12

It is interesting to note that, of the 580 million debit cards used in India, 190 million are said to be RuPay card, a huge achievement for a year old card.

Deposits worth about Rs 21K crore mobilised under PMJDY

Last Updated: Wednesday, August 12, 2015, 19:59

Banks have mobilised deposits worth close to Rs 21,000 crore from the accounts opened under the Pradhan Mantri Jan Dhan Yojana, the Finance Ministry said Wednesday.

India committed to achieve inclusive growth: Dattatreya

Last Updated: Monday, June 15, 2015, 17:39

He assured that the government is committed to protect and safeguard the interests of workers and uphold the dignity of labour.

Sebi pitches for scaling up NCFE to complement Jan Dhan Yojana

Last Updated: Sunday, May 24, 2015, 10:55

It works with a vision of "a financially aware and empowered India".

Govt plans mega launch of insurance, pension schemes

Last Updated: Sunday, May 3, 2015, 13:29

On the lines of Jan Dhan mega rollout, Prime Minister Narendra Modi will launch on May 9 social security insurance and pension schemes in Kolkata, while other ministers will unveil them in different cities.

Jayant Sinha launches Nabard's digitisation scheme for SHGs

Last Updated: Sunday, March 15, 2015, 19:30

With an objective to promote financial inclusion, Nabard today started a pilot project for complete digitisation of women self help groups (SHGs) to improve the quality of interface between members and banks for efficient and hassle free delivery of banking services.

FM Arun Jaitley to review performance of PSU banks today

Last Updated: Wednesday, March 11, 2015, 02:05

Finance Minister Arun Jaitley will meet the heads of public sector banks Wednesday to review the banks' performance and persuade them to pass on the RBI's rate cut benefit to borrowers to prop growth.

IBA, insurers to meet soon on new insurance, pension schemes

Last Updated: Friday, March 6, 2015, 14:38

The umbrella lobby group of the lenders, Indian Banks Association (IBA), is likely to convene a meeting with insurers shortly to discuss the implementation of the various insurance and pension schemes announced in the Budget.

Black money: UPA did not set up SIT as it wanted to 'save' somebody, says PM Modi

Last Updated: Tuesday, March 3, 2015, 20:20

Modi rejected Congress leader Anand Sharma's charge that the government was threatening the opposition in the name of revealing the names of those having black money accounts.

Govt forms panel to suggest ways on promoting card transaction

Last Updated: Monday, March 2, 2015, 19:45

The government has formed a committee which will come out with structures that can be put in place to encourage use of credit or debit cards, Finance Secretary Rajiv Mehrishi said today.

RBI says overdraft under Jan-Dhan is priority sector lending

Last Updated: Wednesday, February 25, 2015, 18:35

Giving a big boost to Pradhan Mantri Jan-Dhan Yojana (PMJDY), the RBI Wednesday said bank overdrafts of up to Rs 5,000 in accounts opened under this financial inclusion mission will be treated as priority sector lending.

Banks opened 13.2 cr new accounts under Jan Dhan Yojana: Prez

Last Updated: Monday, February 23, 2015, 13:34

A record 13.2 crore new bank accounts have been opened under the Pradhan Mantri Jan Dhan Yojana in last six months with Rs 11,000 crore coming in as deposits, President Pranab Mukherjee said today.