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RBI raises concern over rising defaults in education loan
The rising defaults in the education loans have raised an alarm for Reserve Bank of India Governor Raghuram Rajan.Read More
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Banks can address an additional $380 billion market in annual revenues by targeting micro-enterprises and bringing unbanked and underbanked adults into the formal financial system, highlighted a report produced jointly by Accenture and CARE International UK.
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To benefit the Government of Andhra Pradesh in terms of its Rural Inclusive Growth Project while aiming to enhance the agricultural incomes of small and marginal farmers and ensure increased access to services related to health... Read More
After its inception and making a thorough mark as a digital wallet, Freecharge, an online recharge platform owned by online marketplace Snapdeal, is aiming itself to being an 'operating system' for a digital payments system through...
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Having been granted approval by the Reserve Bank of India to launch a payment bank earlier this year, the National Securities Depository Ltd (NSDL) plans to float such bank in less than a year's time.Read More
The largest lender of the country - State Bank of India (SBI) - will be launching a wallet service called 'SBI Batua' for the smart phone users soon, according to reports.Read More
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Need to Guard People Against Moneylenders |
| The Co-operative banks should more aggressively follow the opening of accounts and distributions of RuPay Card.We have to ensure maximum use of co-operative banking and the good numbers which are working in Co-operative banks. Read More | |
Dr S K Sharma Principal Secretary Department of Co-operation Government of Maharshtra | |
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