Mind the gender gap: Here's how govt initiatives are focusing on empowering women in IndiaBank account ownership took a leap over the last decade. But some of the gains stagnated during the pandemic. 2021 Global Findex data show ...
23 Feb, 2023, 01.13 AM IST
View: India cannot attain its goal of inclusive growth if financial independence of rural women is ignoredThe inequity is reflected in the human development standing, for the two are closely correlated. Despite being one of the fastest-growing e...
05 Sep, 2022, 12.03 PM IST
Financial inclusion: Accounting for bank accountsIn China, 82% of adults made a digital merchant payment using a mobile phone. In India, the figure is just 8%. In China, 38% of adults have...
09 Jul, 2022, 12.36 AM IST
Harnessing the Potential of Voice AI in BFSI and Contact Centres08 Nov, 2021, 03.45 PM IST
Returnable grants: Reimagining credit for a better normalReturnable grant is one where there is no legal obligation to repay; the expectation is only ‘moral’, i.e., the recipient is encouraged to ...
20 Feb, 2021, 10.41 AM IST
Will microfinance survive the Covid-19 crisis? Yes, it will thriveThe Indian microfinance sector can and will play a major role in ensuring confidence and credit at the grassroots when it is needed the mos...
23 May, 2020, 01.10 PM IST
Women want to do more, but access to credit is still missing: Alka UpadhyayaAs per World Bank’s Findex data, 42% of women’s accounts are dormant, 23% are excluded from formal financial services and 35% are non dorma...
04 Mar, 2020, 06.57 PM IST
Finance Ministry to showcase achievements of financial inclusion at Republic Day paradeBesides DFS, Department for Promotion of Industry and Internal Trade, Department of Drinking Water and Sanitation, NDRF Ministry of Home Af...
22 Jan, 2020, 05.13 PM IST
Centre planning to lay OFC in border areas : Nirmala SitharamanOFC which will greatly improve the mobile and telephone connectivity besides improvement in radio frequency, she said.
29 May, 2018, 06.14 PM IST
Deposits in Jan Dhan accounts cross Rs 80,000 croreThe deposits, which have been steadily rising since March 2017, were at Rs 80,545.70 crore on April 11, 2018, said a finance ministry data.
23 Apr, 2018, 11.47 AM IST
World Bank report cites India’s efforts in fiscal inclusion: Rajiv Kumar, Financial services secretaryThe total number of Jan Dhan account holders has risen to 31.44 crore in March, 2018, up from 28.17 crore a year earlier, according to gove...
21 Apr, 2018, 07.54 AM IST
Financial Inclusion effort recognised, says Financial Services Secretary KumarThe total number of Jan Dhan account holders has risen to 31.44 crore in March, 2018, up from 28.17 crore a year earlier, according to gove...
20 Apr, 2018, 06.44 PM IST
Number of adult Indians with bank accounts rises to 80%The World Bank released the report late Thursday. Findex, launched with funding from the Bill & Melinda Gates Foundation, tracks data on ho...
20 Apr, 2018, 07.50 AM IST
India at the forefront of global bank account growthFour-fifths of Indian adults have opened bank accounts by 2017, compared with just 53% in 2014, when the incumbent government came to power...
19 Apr, 2018, 11.01 PM IST
Widespread mobile phones can deliver banking to the poor: World BankThe data show 72 percent of men worldwide have an account but just 65 percent of women, while in developing economies the gender gap is unc...
19 Apr, 2018, 08.06 PM IST
Former Deutsche Bank co-chief Anshu Jain, ex-colleague Bhupinder Singh to launch NBFC in IndiaThe NBFC will lend to individuals, SMEs and entrepreneurs, and may be modelled on San Francisco-based fintech startup SoFi to which Jain is...
10 May, 2016, 07.00 AM IST
20 per cent drop in global unbanked populationFinancial inclusion, measured by the Global Findex as having an account that allows adults to make electronic payments, is critical to endi...
16 Apr, 2015, 05.01 AM IST