Search For "department of financial services"
CPI leader Binoy Viswam demands to withdraw DFS order to conduct performan
Updated : 1 year, 8 months ago IST
"The Department of Financial Services (DFS), under the Ministry of Finance, has issued an order to the nationalized banks directing them to conduct performance reviews of employees and officers and prematurely retire those who are found to be below the par. I write this letter to request you
Read More
DFS secretary chairs conference to focus on reducing pendency, optimising
Updated : 1 year, 9 months ago IST
The meeting addressed issues such as reducing pendency, adopting best practices, optimising recoveries, and rolling out the new DRT Regulations 2024. The primary focus of the discussions was on streamlining the recovery process through improved mechanisms and collaborative efforts from all s
Read More
Bank of Maharashtra Celebrates its 90th Foundation Day with Pioneering Ini
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], September 21: Bank of Maharashtra marked a significant milestone as it celebrated its 90th Foundation Day today, an event that was both a tribute to its illustrious past and a glimpse into its future endeavors. The event was graced by Nirmala Sitharaman, Ministe
Read More
Finance Ministry directs public sector insurers to support flood victims i
Updated : 1 year, 10 months ago IST
The Ministry of Finance, on Thursday, directed public sector insurance companies to extend and provide full support to the people affected by floods in Andhra Pradesh and Telangana.
Read More
Banking sector will lead the march to Viksit Bharat 2047: Secretary, DFS,
Updated : 1 year, 10 months ago IST
M Nagaraju, Secretary, Department of Financial Services, Ministry of Finance, said today, "All of us are aware that India's robust banking system is getting ready to meet the needs of Viksit Bharat."
Read More
Mudra loan limit enhanced to encourage good borrowers: Secretary, Financia
Updated : 1 year, 11 months ago IST
Vivek Joshi, Secretary to the Department of Financial Services, Ministry of Finance said in an interaction with ANI that the intention of the extension is to incentivize those to were quick in repaying the earliar loans.
Read More
DFS Secretary Vivek Joshi reviews performance of financial inclusion schem
Updated : 2 years ago IST
Secretary at Department of Financial Services (DFS), Vivek Joshi, chaired a review meeting on the progress and performance of financial inclusion schemes, including PM SVANidhi, PM Vishwakarma and Jan Samarth Portal with senior executives of private sector banks in the national capital on Tu
Read More
Finance ministry urges banks to enhance customer experience and financial
Updated : 2 years ago IST
In a meeting in New Delhi on Tuesday, Department of Financial Services (DFS) Secretary Dr. Vivek Joshi chaired a review meeting where initiatives such as CKYC, the Jan Samarth portal, Aadhar seeding, and other relevant schemes were reviewed.
Read More
Bank of Maharashtra presents dividend of Rs 857 crore to Finance Minister
Updated : 2 years ago IST
Mumbai (Maharashtra) [India], June 22: Bank of Maharashtra (BoM), a premiere public sector Bank in the country, on Friday paid a dividend cheque of Rs 857.16 crore for the financial year 2023-24 to Hon'ble Finance Minister Nirmala Sitharaman. The dividend was presented by Nidhu Saxena, MD &a
Read More
Insurance companies received Rs 53,900 crore FDI since December 2014: Offi
Updated : 2 years, 3 months ago IST
The insurance sector has witnessed an influx of Rs 53,900 crore in foreign direct investment (FDI) from December 2014 to January 2024, Financial Services Secretary Vivek Joshi has said.
Read More
5 flouting PSBs laid out action plan to meet minimum public shareholding r
Updated : 2 years, 4 months ago IST
Five out of 12 Public Sector Banks (PSBs) are still not complying with the minimum public shareholding (MPS) norm (25 per cent), a senior government official said on Thursday.
Read More
Ram Temple inauguration: Banks across India to remain closed during Januar
Updated : 2 years, 5 months ago IST
Department of Financial Services under the Ministry of Finance in a notification said on Thursday that Public Sector Banks, Public Sector Insurance Companies, Public Sector Financial Institutions and Regional Rural Banks will remain closed in the first half of January 22, to enable employ
Read More