India's shiny new habit needs polishYoung Indians are embracing digital gold for its convenience in buying small amounts via smartphones. This surge in popularity highlights t...
25 Mar, 2026, 11.09 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
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
India Post Payment Bank's network helped government transfer financial benefits of $54 million: NITI Aayog CEONITI Aayog CEO Amitabh Kant was addressing a webinar on financial inclusion jointly hosted by NITI Aayog and MicroSave Consulting.
05 Jun, 2020, 09.18 PM IST
Govt saves $1.54 bn in first year of fertiliser DBT implementation: MSC studyThe fertiliser DBT has boosted transparency by real-time tracking of the movement, requirement, and availability of stocks.
10 Oct, 2019, 07.58 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
Poll: 59% favour linking Aadhaar, fertiliser DBTThe study found that there were serious issues with matching fingerprints and connectivity for the use of Aadhaar, an issue that might rela...
15 Jan, 2018, 11.13 AM 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
'Aadhaar enabled e-KYC can save Rs 10,000 crore over next 5 years'According to a study by MicroSave, using Aadhaar enabled e-KYC for customer acquisition, could be highly beneficial for banks and telecom o...
18 Mar, 2016, 08.03 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 credit
Royal 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 all
What 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