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Over 40 pc women-owned micro businesses lack emergency savings, says reportA report by MicroSave Consulting highlights the financial vulnerabilities of women-owned micro businesses in India, revealing that 45 per c...11 Oct, 2024, 06.42 PM IST- Government launches pilot in Himachal Pradesh to onboard fair price shops on ONDCThe Department of Food and Public Distribution under the commerce ministry has launched the pilot on ONDC in Himachal Pradesh. The ONDC pil...08 Feb, 2024, 06.00 AM IST
- Pilot to onboard fair price shops to ONDC launched in Himachal PradeshThe pilot was launched by placing the first order on February 6 in 11 fair price shops in Himachal Pradesh - five in Una and six in Hamirpu...07 Feb, 2024, 11.32 PM IST
- In a first, fair price shops onboarded on ONDCSanjeev Chopra, Secretary of the Department of Food and Public Distribution, launched a pilot program to onboard fair price shops (FPSs) in...07 Feb, 2024, 01.46 PM IST
- Micro-savings platform Siply acquires myPaisaa for $7.5 millionThe acquisition is expected to help Siply enhance its existing offerings through myPaisaa’s chit-fund distribution platform, enhance its cu...07 Feb, 2023, 03.50 PM IST
- Micro savings apps can help turn small amounts into big savings, but can it lead to serious wealth creation?Though these micro savings may still not add up to a big sum, they can be used for short-term goals in the next 1-2 years.31 Oct, 2022, 06.30 AM IST
- Micro-savings platform Siply raises $3.2 million in pre-Series A funding"With these funds, we shall further the reach of Siply to over 400 towns and strengthen our team & tech," cofounder and CEO of Siply, Soust...25 Oct, 2021, 01.51 PM IST
- Siply raises $1 million in seed funding from Inflection Point VenturesFounded in July 2020 by Sousthav Chakrabarty, Anil Bhat and Nitin Mittal, the micro-savings fintech startup counts Bighaat, Gig4CE, Pickmyw...11 Jan, 2021, 06.11 PM IST
- Need to improve infrastructure to prevent leakage in fertiliser subsidy: StudyTill the last rabi season, on a pilot basis in 16 districts across 11 states, companies were getting subsidy after farmers purchased fertil...27 Apr, 2018, 09.36 PM IST
- MFI investors have to wait a while to reap benefits of digitisationRewards may be delayed due to MFIs' digitisation switch, aimed at improving efficiency.25 Aug, 2017, 10.08 AM IST
- Product innovation key for payment banks' success: EY reportOn creating large-scale access to credit, the report says although payments banks are not allowed to lend, they can act as a platform for a...04 Jul, 2016, 09.40 PM IST
- Jan Dhan scorecard: 22 crore bank accounts opened, average balance Rs 1,725The idea behind opening bank accounts was to empower the poor financially by encouraging savings, easing loan delivery and direct cash tran...26 May, 2016, 11.40 AM IST
- Duplication of accounts under Jan Dhan Yojna on rise: SurveyAccording to the survey, conducted in 42 districts spread across 17 states and one union territory, the reasons for duplication of accounts...23 Mar, 2016, 01.13 PM IST
- Bank agents in rural areas need to be paid better DBT commission: MicroSaveAgents of banks should be given higher compensation in rural India to make their business model viable and achieve the goals of financial i...09 May, 2015, 06.42 AM IST
- Bank agents to receive higher commissions for DBT transactions: MicroSaveGovernment has to shell out Rs 1150 crore with 1 per cent DBT commissions and Rs 3611 crore for 3 per cent DBT commission.06 May, 2015, 04.46 PM IST
- RBS programme launches toolkits for MFIs to offer creditRoyal Bank of Scotland (RBS) Group's technical assistance programme launched four toolkits for Micro Finance Institutions (MFIs) to offer c...02 Mar, 2009, 03.41 PM IST
- Banks’ no-frills move is a win-win for allWhat began out of compulsion a year ago is now slowly turning out to be a viable business proposition for most banks.04 Dec, 2006, 12.50 AM IST
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