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SBI PMJJBY SCHEME
Jan Dhan Yojana re-KYC due now: Banks holding camps till Sept 30; Check how to do it online?The Jan Dhan account scheme has completed 10 years, prompting public sector banks to organize re-KYC camps at the panchayat level from July...
FM Sitharaman to meet PSU bank chiefs on June 27 to review annual growthFinance Minister Nirmala Sitharaman will meet heads of Public Sector Banks on June 27. They will discuss financial performance and implemen...
India Inc needs to think big and bold, push investments: Vivek Joshi, Ministry of FinanceHighlighting the government's focus on fostering capital expenditure and new investment in the economy, Joshi called for a pull in "one dir...
SBI, Canara Bank deducting money for govt insurance schemes from savings accounts without consent; complaints flood XBanks including State Bank of India (SBI) and Canara Bank are debiting insurance premiums for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJ...
SBI customers can use only Aadhaar to enrol in Atal Pension Yojana, other social security schemesState Bank of India (SBI) customers can now enrol in various social security schemes using only Aadhaar. They need not carry their passbook...
Women improve their share in both bank deposits as well as creditBank credit to women borrowers accounted for 22.5% share in bank loans to individuals, during 2021-22, up from 19.5 percent five years ago ...
All about Pradhan Mantri Jeevan Jyoti Bima YojanaThis is a Government of India Life Insurance Scheme. It is a pure term insurance policy, renewable from year to year. PMJJBY is available t...
Social security schemes are more popular in urban than rural areasSurprisingly, nearly 50 per cent of the subscribers of Atal Pension Yojana and Pradhan Mantri Jeevan Jyoti Bima Yojana are from urban areas.
Jan Dhan controversy may figure in Arun Jaitley and bankers meet tomorrowThe meeting assumes significance in the light of recent report in a section of media citing specific instances where Re 1 or more was depos...
Finance Minister Arun Jaitley to meet heads of PSU banks on September 16Gross NPA of the public sector banks have surged from 5.43 per cent (Rs 2.67 lakh crore) in 2014-15 to 9.32 per cent (Rs 4.76 lakh crore) i...
Retail business can grow at 15-20% in next 2-3 years: Arijit Basu, CEO, SBI Life"We do not look at the number of products as a challenge. The market is open; our total new business grew by 30% in 2015-16," says Basu.
FM Arun Jaitley to meet heads of PSBs, to discuss NPA among other issues on June 6The meeting will review the annual performance of PSBs taking bad loans into account as well as financial institutions and deliberate on re...
Second edition of Gyan Sangam to kick off tomorrow, mergers and acquisitions in focusFinance Minister Arun Jaitley, in the Budget 2016-17, said the government will unveil a road map for consolidation in public sector banks.
2nd edition of Gyan Sangam to start next week, NPAs in focusMounting bad loans and declining profitability of state-owned banks will be the focus of the second edition of Gyan Sangam, a retreat of he...
Bad loans turn worse in 2015; banks bet on seven-point 'Indradhanush' reformsThe commercial banking industry is also gearing up to face a new kind of competition in form of payments and small finance banks that would...
Life insurance companies to engage Experian to build fraud monitoring frameworkLife insurance companies have selected Experian, a global data analytics company, to build a data repository and a fraud monitoring framewo...
Insurers settle one claim a day under PM Narendra Modi's insurance schemes"The turn around time in most of cases so far has been less than 10 days and we expect this trend to continue as far as claim settlement is...
22 claims settled in 30 days under PM Narendra Modi's insurance schemesAs many as 22 death and accident claims were settled within a month of the launch of the government's flagship social security insurance sc...
Finance Minister Arun Jaitley to meet heads of PSU banks tomorrowJaitley will meet the heads of PSU banks tomorrow to review their performance and bad loans situation as also to persuade them to pass on R...
Budget 2015: Individuals to benefit from social security measuresBoth the schemes will provide covers of Rs 2 lakh each. While PMSBY will cover accidental death risk, the latter will cover both natural an...