PMJDY helps raise women's ownership of bank accounts to 77% in 2017: ReportPM Modi's government flagship scheme Pradhan Mantri Jan Dhan Yojana has helped in raising women's ownership of bank accounts from 43 per ce...
04 Mar, 2020, 03.13 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
What Telangana's Stree Nidhi co-operative can teach India about low-cost creditMicrofinance, having been pioneered in Bangladesh, would find its zenith in Andhra Pradesh for a while as credit levels surged.
23 Jun, 2017, 10.51 PM IST
Electronic KYC to enable instant activation of mobile phone connections with AadharDoT said that customers will be able to online authorize UIDAI through Aadhaar authentication using Aadhaar number and biometrics.
17 Aug, 2016, 04.42 AM 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
Jan Dhan Yojana: Why impressive numbers don’t mean much to financial inclusion driveBanks are giving Narendra Modi Sarkar the numbers it wanted but delivering financial inclusion will be much more harder.
13 Nov, 2014, 06.27 AM IST
RuPay cards to replace Aadhaar in welfare scheme authenticationFinMin decided to limit Aadhaar's role in its welfare scheme payments and, instead, use RuPay cards for last-mile authentication to withdra...
09 Aug, 2014, 11.04 AM IST
Payments startup Ezetap gets Rs 49.8 crore from Helion, billionaire Nicolas Berggruen's fundEzetap Mobile Solutions has received venture funding of Rs 49.8 crore from a consortium of investors led by venture fund Helion Venture Par...
21 Feb, 2014, 07.05 AM IST
Top B-school grads from IIMs, XLRI now keen to work with microfinance companiesMicro-finance firms fit the bill and are entertaining resumes from the likes of IIMs and XLRI for internships and recruitments.
24 May, 2013, 12.01 PM IST
Finance Ministry to probe appointment of banking correspondentsThe FinMin has launched a probe into BC appointments after it came across instances of cos demanding thousands of rupees in deposits from p...
22 Oct, 2012, 05.00 AM IST
- Banks are far from convinced about efficacy of business correspondents: A Krishna Kumar, SBI MD
Government banks are in the process of engaging BCs to extend banking services to 73,000 hitherto unbanked villages.
10 Mar, 2012, 08.58 PM IST
- XLRI Jamshedpur to create a common research & action network for micro finance practitioners
The efforst will help in supporting India's financial inclusion agenda. It was the outcome of a three-day seminar on financial inclusion or...
10 Mar, 2012, 05.08 PM IST
- The banking-correspondent model has its weaknesses
An identity is just the first link in the cash-transfer chain. Everyone also need bank accounts that are easily accessed.
20 Sep, 2011, 04.53 AM 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