During the meeting, Nagaraju emphasized the need for further strengthening measures, such as presence of at least one bank branch in each subdivision in the North Eastern region, enhancing insurance and pension coverage for all citizens and formulating strategies to bring individuals current
On non-banking financial companies (NBFCs), Nagaraju said both government-owned and private NBFCs play a significant role in funding infrastructure and reaching borrowers underserved by banks. "While NBFCs have shown strong growth, profitability, and outreach, he noted the continuing debate
In a post-Budget conversation with ANI, Secretary. DFS said, "Both Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) provide project financing to the public and private sectors in energy. If two NBFCs are financing the same projects in the same sector, it makes r
Karnataka Congress leaders on Friday strongly criticised the Governor Thawar Chand Gehlot's recent walkout from the assembly without reading the complete address drafted by the state government, with Congress MLC M Nagaraju Yadav calling for his removal from the post.
India's ambitious financial inclusion drive has fundamentally transformed the economic landscape for hundreds of millions of citizens, particularly women and rural populations, a senior government official said at the Global Inclusive Finance Summit.
It was attended by member ministries or departments, i.e., the Ministry of Home Affairs (MHA), the Ministry of External Affairs (MEA), the Department of Commerce (DoC) and the Reserve Bank of India (RBI), according to an official release by the Ministry of Finance.
Progress on the cases that were admitted at NCLT, those which were resolved at NCLT and the ones disposed off outside the IBC was acknowledged. The review of major cases awaiting admission and resolution at the NCLT benches was undertaken. Secretary (DFS) emphasised that the timelines in
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
Speaking to the media on the sidelines of the Global Fintech Fest 2025 in Mumbai, Nagaraju noted that while digital payment platforms, such as UPI, have experienced significant growth, there are still gaps that need to be addressed in rural connectivity and financial access.
State Transport Commissioner CH Nagaraju said that the accident happened out of pure negligence on the part of the driver and his attendant. The preliminary information reveals that the driver was being trained by the person sitting next to him.
Raipur (Chhattisgarh) [India], July 18: Bank of Baroda, one of India's leading public sector banks, inaugurated its new Zonal Office premises in Raipur, which will cover the entire state of Chhattisgarh with Bank's endeavor to strengthen its presence and deepen customer outreach.
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.