Search For "financial inclusion"
Kinara Capital announces appointment of Parthasarathy N. S. to company's b
Updated : 1 year, 7 months ago IST
Bengaluru (Karnataka) [India], August 8: Kinara Capital, a fast-growing fintech driving last-mile MSME financial inclusion, today announced the recent appointment of Parthasarathy N. S. (Partha) as a new Independent Director on the company's Board of Directors (BoD). Partha is a well-renowne
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52.81 crore PM Jan-Dhan accounts have deposit balance of over Rs. 2.30 lak
Updated : 1 year, 7 months ago IST
In a major milestone, the deposits under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have reached Rs. 2,30,792 crores in a total of 52.81 crores Jan-Dhan accounts.
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Bartronics India Limited with Bank of India showcase an innovative banking
Updated : 1 year, 7 months ago IST
Hyderabad (Telangana) [India], July 19: Bartronics India Limited, a leading innovator in the fintech sector, announces its latest expansion drive with one of the largest public sector banks - Bank of India. As a part of their ongoing commitment to the financial inclusion and community develo
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India's Digital Infrastructure paving ways for MSME financial inclusion: I
Updated : 1 year, 8 months ago IST
The report identifies several key obstacles, such as the inadequacy of collateral, difficulties in verifying the creditworthiness of MSMEs, and the high transaction costs associated with providing small loans. These factors make lending to MSMEs less attractive for financial institutions.
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NBFC sector seeks more funds to improve liquidity, regulatory reforms from
Updated : 1 year, 8 months ago IST
Ahead of the upcoming Union Budget scheduled to be presented on July 23, the Non-Banking Financial Company (NBFC) sector is expecting enhanced financial inclusion, and reinforcing digitalization efforts to sustain the sector's growth.
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BranchX Becomes India's First Neobank to Launch ONDC Loans for Financial I
Updated : 1 year, 8 months ago IST
Bangalore (Karnataka) [India], July 10: In a landmark move set to revolutionize financial access across India, BranchX, a leading neobank innovator, has launched the nation's first personal loan solution through the Open Network for Digital Commerce (ONDC). This initiative marks a significan
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DFS Secretary Vivek Joshi reviews performance of financial inclusion schem
Updated : 1 year, 8 months 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
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Reforms in pension scheme, tax on deposits, PSBs' consolidation must be on
Updated : 1 year, 8 months ago IST
The key reforms brought in over the past decade were Jan Dhan; Digitization, financial inclusion; recapitalisation of PSBs; API-based banking; Insolvency and Bankruptcy Code; GST; and platform business models, among others.
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Finance ministry urges banks to enhance customer experience and financial
Updated : 1 year, 8 months 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.
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Amidst technology revolution, India's leasing sector to play a pivotal rol
Updated : 1 year, 9 months ago IST
The report underscores leasing as a pivotal mechanism for fostering growth across both private and public sectors, with implications for financial inclusion, particularly among micro, small, and medium enterprises (MSMEs).
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Credilio launches 'novio': Empowering financial inclusion and ensuring cre
Updated : 1 year, 9 months ago IST
New Delhi [India], May 27: Credilio, a trailblazer in financial services dedicated to enhancing credit card accessibility and relevance across India, proudly unveils novio - a game-changing app poised to revolutionize the credit card landscape for over 400 million UPI Active customers. An al
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Bharat Loan launches game-changing EMI Product to facilitate greater finan
Updated : 1 year, 9 months ago IST
New Delhi [India], May 27: In its bid to disrupt the lending industry by ensuring better financial inclusivity, Bharat Loan, the leading full-service digital lender in India, launched a revolutionary new EMI product, Bharat Easy
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