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BANKING COVERAGE IN VILLAGES
Banks mobilise $27.99 billion via FCNR deposits since RBI introduced USD-rupee forex swap facilityBanks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks am...- HDFC Bank spends Rs 1,316 crore on CSR in FY26, expands rural footprintHDFC Bank invested over Rs 1,316 crore in CSR initiatives during 2025-26. Their Parivartan program has positively impacted more than 10.77 ...
- If FIIs return, they tend to see it first. 15 stocks from financial services ecosystem, with upside potential as low as 3% to as high as 28%Financial services is where FIIs go when they turn positive on India. History shows us that much of the money goes to banks, and the wider ...
- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsFor the next few weeks, what needs to be watched is market breadth. And also look at which sectors are leading the rally. Why? Because, at ...
- 4 lakh India Post employees to get training under Mission Karamyogi: MoS TelecomThe minister said major reforms have also been initiated in the Department of Posts (DoP) like launch of a joint parcel service wherein bot...
- Airtel deploys more spectrum in Bengal“10 MHz spectrum has been added in the 2300 band, 5 Mhz in the 2100 band, 3.8 MHz in the 1800 band while 2.8 MHz has been added in the 900 ...
- 96% usage of toilets under Swachh Bharat, shows survey by an independent verification agencyThe survey also covered schools, anganwadis and public or community toilets in these villages.
- RBI prepares for full financial inclusion in hinterlandThe broad idea is to deepen the overall financial services coverage.
- Three years of Swachh India: Rural India numbers showing progressIn three years of Swachh Bharat, rural sanitation coverage has increased to 69% from 39%, more than 230-million people in villages have sto...
- Fino Paytech to help Nabard digitise rural banks across 5 statesPayments Banks are planning to utilise the large nation-wide UID (Aadhaar) coverage, to help rural masses with Aadhaar enabled micro ATMs.
- Village over 5,000 residents to have bank branches by March 2017Reserve Bank said every village with a population over 5,000 should have a bank branch by March 2017 and asked the SLBC's to identify such ...
- 74% accounts in Jan Dhan Yojana are with zero balanceThe data provided by Department of Financial Services says that as on November 7, 2014 a total of 7.1 crore bank accounts have been opened.
- PM Narendra Modi to kick off pan-India financial inclusion plan in late AugustAs a sweetener, the finance companies will be allowed to tap into the pool to offer loans and other products .
- IFC assisting Meghalaya government for implementation of health insurance planInternational Finance Corporation (IFC), a member of World Bank is assisting Northeastern state of Meghalaya for implementation of universa...
- State Bank of India achieves 100% financial inclusion in AP circleState Bank of India has achieved 100 per cent coverage of its allotted unbanked villages in Andhra Pradesh.
- Poor are much better at loan repayment: K C ChakravartyBanks should offer services to the poor with a profit objective rather and this is possible by adopting an appropriate business model
- Govt to roll out banking services in 20K villages this fiscalFinance Minister Pranab Mukerjee today said banking services will be rolled out in 20,000 villages this fiscal.
- Central Bank of India to open branches abroadPublic sector Central Bank of India (CBI) is planning to open branches in a host of countries, including China, Bhutan, Tanzania and Mozamb...
- RBI asks WB to complete 100% financial inclusion in 8 districtsThe Reserve Bank of India (RBI) has advised West Bengal to complete 100% financial inclusion in eight districts by March 2010.
- ADB to provide $150 mn for rural telephony in IndiaMulti-lateral funding agency Asian Development Bank will provide $150 million for developing rural telephony in India.
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