No. of bank accounts shoots up, but 43% lie dormant
Following the government’s rigorous efforts to ensure one bank account for every household across the country, India has seen a…
10 NOV 2015
Financial Inclusion
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Financial Inclusion
Govt plans rural financial literacy through postmen
The government has come up with a novel idea to utilise the services of traditional postmen to inform people and…
26 OCT 2015
RBI to issue more bank licences, says Mundra
After clearing the decks for 23 new entities to foray into the banking space, the Reserve Bank of India (RBI)…
20 OCT 2015
Jan Dhan deposits cross Rs. 25000 crore mark
Deposits in accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have exceeded Rs. 25,000 crore which has come…
14 OCT 2015
Telenor India offers free life insurance cover to customers
In a first-of-its kind initiative in the telecom industry, Telenor India announced free life insurance cover for its existing 47.55…
07 OCT 2015
PM launches financial inclusion initiative in Varanasi
Prime Minister Narendra Modi has launched financial inclusion initiative in Varanasi. “A total of 101 e-rickshaws, 501 pedal rickshaws, and…
18 SEP 2015
18cr accounts opened, 15.74cr RuPay cards issued under PMJDY
Close to 18 crore (180 million) accounts have been opened and 15.74 cr RuPay debit cards issued so far under…
04 SEP 2015
Canara Bank ups ATM installation target to 1,000 this fiscal
Canara Bank has raised its ATM installation target by four times to 1,000 for the current fiscal. According to Finance…
27 JUL 2015
Financial Powerhouse for Common Man
The Gujarat Urban Cooperative Banks Federation (GUCBF) represents the interests of the urban cooperative banking sector of the State. Its…
04 JUL 2015
Coop Banks Key Link in Financial Inclusion
Cooperative banks understand the local needs better and help crack the psychological barriers in the ‘last mile’ of financial inclusion,…
04 JUL 2015
