- Assam govt to procure unsold stock of traditional handloom items
Chief Minister Himanta Biswa Sarma directed the officials to ensure that no middlemen can take advantage of the initiative. Moreover, for s...
More than 50% account holders under PMJDY women: FinMinSharing details of various schemes with special provisions for the emancipation of women on the occasion of International Women's Day, the ...
Public sector banks plan ‘daylight overdrafts’ to lure top companies from private rivalsWith the Reserve Bank of India (RBI) changing the rules to help public sector banks (PSBs) grab business from MNC lenders, some of the PSBs...
Jan Dhan accounts cross 41 crore: Finance Ministry"Govt. committed to #FinancialInclusion to all citizens. As on 6/1/21, #PMJDY accounts cross 41 Cr. and Zero Balance Accounts decline to 7....
Pradhan Mantri Jan Dhan Yojana scheme completes six years, benefits 40.35 crore peopleThe Jan Dhan Yojana, which was announced by Prime Minister Narendra Modi in his Independence Day address in 2014, was launched on August 28...
ICICI Bank launches instant loan against mutual fund unitsICICI Bank announced the launch of a facility that enables retail customers to get loan of up to Rs 1 crore instantaneously by pledging the...
ICICI Bank customers can get instant loan of up to Rs 1 crore against debt, equity mutual fund unitsWith Insta Loans against Mutual Funds, pre-approved customers can select the mutual fund scheme and number of units they wish to pledge, co...
I invested in PMVVY in Mar, cheque was encashed in Apr. Will I be registered under the new scheme?Pradhan Mantri Vaya Vandana Yojana (PMVVY) scheme offered by LIC of India gives a guaranteed payout of pension at a specified rate for 10 y...
Franklin Templeton crisis: Wary banks review credit lines to fundsThe lenders — some of whom are custodians to MFs — have been in touch with fund officials to estimate the expected mismatch between inflows...
Yes Bank loan EMI moratorium: All the terms, chargesVarious banks have announced details of the EMI moratorium on their websites. Here is a look at the details of Yes Bank's moratorium on loa...
20 lakh people join modified JanDhan scheme, total account holders 32.61 crThe government earlier this month relaunched PMJDY as an open-ended scheme with higher insurance cover and double the overdraft (OD) facili...
Jan Dhan overdraft option likely to give Rs 32,000 crore boost to economyThe govt expects at least half of the 32 crore Jan Dhan accounts to avail the overdraft facility for Rs 2,000.
Banks offer overdraft facility to 49 lakh a/c holders: FM Arun JaitleyThe OD is granted to an earning member of the family, with a condition that the account has been operated satisfactorily for at least 6 mon...
Swachh Bharat: Why India needs a Sanitation and Water PolicyClean water, sanitation, personal hygiene and good nutrition are the four foundations of good public health policy.
Modi government woos India's unbanked population, to offer OD bonanza for financial inclusionTo encourage lenders, who fear default, the government has agreed to provide credit guarantee too.
- Govt to pay back Rs 2,300 cr to J&K Bank soon: Rather
'The OD facility for the state govt would be revived and the govt can avail Wage and Mean Advance in the time of need from RBI through J&K ...
- SEBI simplifies offer document for MF investors
In a bid to help mutual fund investors understand scheme-related information better, Sebi has simplified the offer documents and Key Inform...