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MoU between RBI and Central Bank of UAE gets green signal...

The Union Cabinet has given its ex-post facto approval to the memorandum of understanding (MoU) between the Reserve Bank of India (RBI) and the...

Cashless transactions exceed paper-based transactions

India’s journey towards becoming a cashless economy seems smooth, at least going by the figures released by RBI on virtual and cashless payments for...

30 lakh bank accounts opened under PMJDY in Odisha

Banks have opened 2.95 million accounts in Odisha since the launch of Pradhan Mantri Jan Dhan Yojana (PMJDY) on 28 August. Public sector banks have...

Jan Dhan life cover to cost Rs 90

Beneficiaries under the Prime Minister’s Jan Dhan Yojana will have to shell out Rs 90 to avail the benefit of the life insurance cover...

Goa tops chart in financial inclusion: Survey

The Pradhan Mantri Jan Dhan Yojana (PMJDY) will find going tough in PM Narendra Modi’s home state Gujarat, according to a survey done by...

Banks to become fully Aadhaar-enabled in Sep

Opening of bank accounts would be a simple process, with branches of all banks to be Aadhaar-enabled this very month. Once the process is...

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