Search For "department of financial services"
Amalgamation of 26 Regional Rural Banks (RRBs) takes effect
Updated : 1 year, 2 months ago IST
The recently amalgamated Regional Rural Banks (RRBS) across 11 states and Union territories have come into effect today (Thursday).
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Government notifies amalgamation of Regional Rural banks on principles of
Updated : 1 year, 3 months ago IST
The Department of Financial Services (DFS) has notified the amalgamation of 26 Regional Rural banks (RRBs) on the principles of 'One State One RRB', the Ministry of Finance said in a statement Tuesday.
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Sanctioned 50 crore loans worth Rs 33 lakh crore: Department of Financial
Updated : 1 year, 3 months ago IST
From stitching units and tea stalls to salons, mechanic shops, and mobile repair businesses, crores of micro-entrepreneurs have stepped forward with confidence, enabled by a system that believed in their potential. PMMY has supported these journeys by offering institutional credit to non-
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At post-Budget webinar, FM Sitharaman focuses on timely implementations of
Updated : 1 year, 4 months ago IST
Speaking at a post-Budget webinar hosted by the Department of Financial Services, the finance minister recounted how some of the announcements made in the July 2024 Budget have been implemented in a short time.
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India's 500 GW renewable energy target by 2030 requires Rs 33 lakh crore,
Updated : 1 year, 4 months ago IST
M Nagaraju, Secretary, Department of Financial Services (DFS), on Monday, said that India's ambitious target of achieving 500 gigawatts (GW) renewable energy target by 2030 requires Rs 33 lakh crore.
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Secretary Department of Financial Services chairs review meeting today
Updated : 1 year, 5 months ago IST
Nagaraju said that significant progress has been made in expanding social security and deepening financial inclusion in the country through various flagship schemes of the Government, and further urged the Public Sector and Private Sector Banks to dedicatedly work towards bringing more and m
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EXIM Bank raises USD 1 billion through 10-year bond
Updated : 1 year, 6 months ago IST
India Exim Bank (Export-Import Bank of India) has raised USD 1 billion by issuing 10-year bonds in the international market, the bank announced on Tuesday. This makes it the first Indian organisation to issue dollar bonds in 2025.
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Rural women entrepreneurs take centre stage at NABARD's Grameen Bharat Mah
Updated : 1 year, 6 months ago IST
The third day of Grameen Bharat Mahotsav, organised by the Department of Financial Services and National Bank for Agriculture and Rural Development (NABARD), witnessed a focused dialogue on empowering rural women entrepreneurs.
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DFS Secretary chairs meeting to expedite resolution of public grievances
Updated : 1 year, 6 months ago IST
M Nagaraju, Secretary, Department of Financial Services (DFS), chaired a meeting on Wednesday and reviewed 20 randomly selected public grievances resolved by Public Sector Banks (PSBs) and insurance companies to assess resolution quality.
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Banks to use AI & Machine learning to safeguard customers from financi
Updated : 1 year, 7 months ago IST
In a significant move to address the growing menace of digital financial frauds, the Department of Financial Services (DFS) has directed banks to adopt advanced technologies, including Artificial Intelligence (AI) and Machine Learning (ML), to safeguard customers from fraudsters.
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Nirmala Sitharaman launches National MSME Cluster Outreach Programme; inau
Updated : 1 year, 8 months ago IST
Union Minister for Finance and Corporate Affairs, on Saturday, Nirmala Sitharaman launched the National MSME Cluster Outreach Programme, organised jointly by the Department of Financial Services (DFS), Ministry of Finance, Government of India, and Small Industries Development Bank of India (
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Department of Financial Services reviews credit disbursement to agri-allie
Updated : 1 year, 8 months ago IST
The Department of Financial Services (DFS) which functions under the Finance Ministry reviewed the progress of credit disbursement to agri-allied activities such as animal husbandry, dairying and fisheries with Public Sector Banks (PSBs), NABARD and State/ UT Level Bankers' Committee.
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