Search For "department of financial services"
Cabinet approves major equity support for SIDBI to boost MSME credit
Updated : 2 months ago IST
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a significant equity support of Rs. 5,000 crore for the Small Industries Development Bank of India (SIDBI). This capital will be infused by the Department of Financial Services in three separate stages, starting with Rs
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Select Committee on Jan Vishwas bill to give report in budget session of P
Updated : 2 months, 2 weeks ago IST
The Select Committee on Jan Vishwas (Amendment of Provisions) Bill, 2025 interacted with representatives of Department of Commerce, Department of Financial Services and of Reserve Bank of India on Wednesday as part of its deliberations to systematically decriminalise minor offences across
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Govt asks insurers to cut claim turnaround time, ensure top-class service
Updated : 4 months, 1 week ago IST
Government urged insurance companies to ensure the "highest standards of service and better turnaround time" for policyholders, particularly during hospitalisation and while settling claims. In a meeting with insurers and healthcare providers, Secretary, Department of Financial Services (DFS
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Union Cabinet approves credit guarantee scheme for exporters
Updated : 4 months, 2 weeks ago IST
The scheme will be implemented by the Department of Financial Services (DFS) through the National Credit Guarantee Trustee Company Limited (NCGTC) to provide additional credit support to eligible exporters, including MSMEs, through MLIs. A management Committee formed under the chairmanshi
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DFS launches Startup Common Application Journey on Jan Sammarth Portal to
Updated : 4 months, 2 weeks ago IST
The Department of Financial Services (DFS) under the Ministry of Finance launched the Startup Common Application Journey on the Jan Sammarth Portal during the Public Sector Banks Review Meeting held in New Delhi on Wednesday. The initiative aims to simplify and streamline access to credit fo
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Union Minister Manohar Lal reviews progress of PM SVANidhi Scheme with Sta
Updated : 5 months ago IST
The Union Minister of Housing and Urban Affairs, Manohar Lal, chaired a review meeting on the implementation of the PM SVANidhi Scheme with representatives of 33 States and Union Territories, senior officials from the Ministry of Housing and Urban Affairs (MoHUA) & Department of Finan
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Department of Financial Services organises mediation training program in c
Updated : 5 months, 3 weeks ago IST
The training was scheduled from September 24 - 28 at the Additional Building Complex, Supreme Court of India. The training was organised considering the importance of dispute resolution mechanisms in the present times.
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PSB Manthan 2025: Banking leadership, regulators, experts, academicians co
Updated : 5 months, 3 weeks ago IST
The Department of Financial Services (DFS), Ministry of Finance, organised PSB Manthan 2025, a two-day programme that concluded on Saturday in Gurugram.
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Monthly UPI transactions cross 20 billion for first time in August
Updated : 5 months, 3 weeks ago IST
According to data shared on social media by the Department of Financial Services, the total UPI transaction count touched 20.01 billion in August 2025.
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No directions to banks to close inactive PM Jan Dhan accounts: Finance Min
Updated : 8 months, 3 weeks ago IST
The Finance Ministry on Tuesday stated that the Department of Financial Services has not asked banks to close inactive PM Jan Dhan Yojana accounts.
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Fintech sector must focus on financial education and consumer protection,
Updated : 8 months, 3 weeks ago IST
Department of Financial Services Secretary M Nagaraju has called upon India's FinTech sector to prioritize financial education and consumer protection as the country continues its digital transformation journey.
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Government calls high-level meeting to review financial inclusion progress
Updated : 9 months, 1 week ago IST
The Department of Financial Services under the Ministry of Finance has convened a crucial meeting with top banking executives to review the progress of the government's flagship financial inclusion schemes, sources said.
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