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M NAGARAJU
Government launches common landing portal for unclaimed financial assetsThe initiative is expected to enhance public awareness, improve ease of access to information and contribute to the vision of Viksit Bharat...- Finance Ministry to review PSBs performance today, Secretary Nagaraju will chair high-level meetThe Department of Financial Services is holding a major meeting with Public Sector Banks today. The focus is on strengthening digital banki...
- FinMin to meet chiefs of PSU banks on Fri to review credit flow to agri, MSME sectorsPublic sector banks posted record profits of Rs 1.98 lakh crore in the financial year ended March 2026. The finance ministry will meet bank...
- Banks need to push Atal Pension Yojana subscribers toward higher pension slab: DFS SecyFinancial institutions are urged to guide Atal Pension Yojana subscribers towards higher pension slabs. Many subscribers remain in the mini...
- More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025India's Insolvency and Bankruptcy Code has seen significant success. By December 2025, over 8,800 corporate insolvency cases were admitted....
- India launches $1.5 billion maritime insurance pool, issues first coversIndia has launched its significant Bharat Maritime Insurance Pool. The initiative aims to bolster domestic maritime trade by reducing depen...
- Will provide insurance to all vessels coming to or going from India: DFS Secretary NagarajuIndia has launched its own maritime insurance pool. This initiative aims to support Indian maritime trade. Vedanta Sterlite, Balrampur Suga...
- Jan Suraksha enrolments near 940 million as govt weighs benefitsIndia's Jan Suraksha schemes have secured almost 940 million people. These programs offer life and accident insurance and pension benefits....
- Jan Suraksha revamp: PMJJBY, PMSBY, APY may see increase in sum insuredThe government is contemplating a substantial expansion of insurance benefits within its renowned Jan Suraksha initiatives. This strategy i...
- Fin services secy warns banks of mythos risksFinancial services secretary M Nagaraju warned the banking community about the potential risks posed by Anthropic's Mythos AI model. He emp...
- ECLGS 5.0 to help SBI open ₹70,000–₹80,000 crore credit line: Chairman CS SettyIn a pivotal stride towards economic recovery, the government has unveiled ECLGS 5.0, aimed at fortifying MSMEs and the airline industry am...
- Beware! Finance Secretary Nagaraju warns banks about risk from MythosIndian financial authorities are alerting banks to the significant risks from advanced AI models. Secretary M Nagaraju highlighted the pote...
- Axis Bank opens its first digital locker-focussed branchAxis Bank has opened its first digital locker branch in New Delhi. This new facility aims to provide advanced security and customer experie...
- Govt plans to stick to budgeted capex, exit non-strategic areasIndia plans to keep its capital spending high in FY27 to support economic growth. Officials stated the government will continue its planned...
- Banking panel to tackle PSUs' balance sheet constraints, boost capital use: DFS Secretary M NagarajuA new committee will examine public sector banks' capital needs. India aims to boost its corporate bond market, allowing more companies acc...
- IFCI unveils ESG PRAKRIT, a comprehensive ESG technology platform for banks and corporatesIFCI Limited has launched ESG PRAKRIT, a new technology platform. This platform offers comprehensive ESG assessment, reporting, and advisor...
- NARCL recovers ₹4,364 crore in FY26 as government steps up action on mule account fraudsNARCL achieved significant recoveries in 2025-26, nearing its acquisition target. Meanwhile, officials met to address rising digital financ...
- FinMin asks banks to adopt MuleHunter AI tool of RBI to check cyber fraudsFinancial Services Secretary M Nagaraju urged banks to adopt the RBI's MuleHunter AI tool to combat financial cyber frauds and mule account...
- Banks asked to expand digital infra for last-mile reachFinancial services secretary M Nagaraju on Wednesday reviewed the progress of financial inclusion schemes with public sector banks (PSBs) a...
- Finance Secretary reviews PSU insurance strategyFinancial services secretary M Nagaraju reviewed strategy documents for four public sector insurance companies. He directed them to boost i...
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