financial inclusion

New Delhi, March 27 State-owned Oriental Insurance Company Ltd (OICL) has crossed Rs 20,000 crore in gross premium for the fiscal year 2025-2026, the finance ministry said in a statement on Friday.This development signifies the growing trust of policyholders, intermediaries, and stakeholders...

New Delhi, March 27 Airpay Payment Services announced on Friday that it has partnered with the Maharashtra State Co-operative Bank (MSCB) to enable UPI-based digital payments across the lender's network in the state, in order to accelerate financial inclusion in rural areas.The rollout will...

The National Housing Bank has launched the Gruh Sugam Portal to promote a cost-effective housing finance system. The portal enables Defence and Government personnel to easily obtain home loans from their place of posting. The Ministry of Finance stated that this portal will accelerate the...

New Delhi, March 26 The National Housing Bank (NHB), the apex agency established by the government to promote an affordable housing finance system, has launched the Gruh Sugam Portal.The portal enables defence/government personnel to easily obtain home loans from their posting location, NHB...

New Delhi, March 25 The market regulator, Sebi, proposed on Tuesday the introduction of gift cards or gift prepaid payment instruments (PPIs) for investments in mutual funds to improve financial inclusion by onboarding new investors in the sector.Under the proposal, the purchaser of a Gift PPI...

Mumbai, March 20 The government on Friday approved a limited-period Rs 20,000-crore credit guarantee scheme to aid microfinance institutions (MFIs), which have been complaining about difficulties in accessing funds.The Credit Guarantee Scheme for Microfinance Institutions- 2.0 (CGSMFI-2.0)...

Itanagar, March 20 The Namsai district in Arunachal Pradesh has secured the top rank in the "financial inclusion and skill development" sector under the Aspirational Districts Programme of NITI Aayog, and has been awarded ₹3 crore in recognition of this achievement, Deputy Chief Minister Chowna...

New Delhi, March 19 Shubham Housing Development Finance, a provider of affordable housing finance, has raised USD 96 million (approximately Rs 870 crore) from existing investor LeapFrog Investments and others, including Creador.The transaction strengthens Shubham's future growth with a strong...

New Delhi, March 17 – Aam Aadmi Party (AAP) Rajya Sabha MP Raghav Chadha raised the issue of penalties for minimum account balance in the Upper House of Parliament on Tuesday, urging the Union government to abolish such charges on small bank accounts, saying that they disproportionately affect...

New Delhi, March 17 – Finance Minister Nirmala Sitharaman has reiterated the transformative role of the Pradhan Mantri Mudra Yojana (PMMY) in supporting small-scale entrepreneurs across India by providing collateral-free credit, enabling millions to turn their business ideas into reality without...

New Delhi, March 16: A total of 57.78 crore Jan Dhan accounts with a deposit balance of Rs 2,94,702 crore have been opened (as of February 25) under the Pradhan Mantri Jan Dhan Yojana (PMJDY), Finance Minister Nirmala Sitharaman said on Monday.Of these, 32.21 crore (55.8 per cent) Jan Dhan...

New Delhi, March 16 – Raghav Chadha, a Rajya Sabha member of the Aam Aadmi Party (AAP), on Monday raised what he described as three "everyday anxieties" faced by ordinary Indians, urging the government to introduce constructive reforms.His proposals included the option for couples to file...

New Delhi, March 15 – Delhi Assembly Speaker Vijender Gupta highlighted the social and financial challenges faced by women engaged in informal livelihoods, particularly those working in weekly markets and small street-based businesses, on Sunday.Gupta pointed out that such women often lack...

Deputy Commissioner Udhampur, Minga Sherpa, today chaired a meeting of the District Consultative Committee (DCC) and District Level Review Committee (DLRC) to review the performance of banks for the quarter ending December 2025. The meeting was attended by bankers and departmental heads...

Ahmedabad, March 9 – The Reserve Bank of India (RBI) launched the sixth edition of the Digital Payment Awareness Week (DPAW) in Ahmedabad on Monday, with a program focused on women, highlighting the need for greater public awareness about safe digital transactions in the face of rising cases of...

Mumbai, March 9 Maharashtra Minister Aditi Tatkare stated on Monday that the state government would strengthen measures against cybercrime targeting women and continue with the benefits of the Ladki Bahin Yojana.While replying to a debate in the assembly related to International Women's Day...

New Delhi, March 9 Approximately 72 crore Basic Savings Bank Deposit Accounts (BSBDAs), including those under the PM Jan Dhan scheme, are not subject to any penalties for failing to maintain a minimum balance, Finance Minister Nirmala Sitharaman said on Monday.In a written reply to a question...

The Jammu & Kashmir Rural Livelihood Mission (JKRLM) celebrated International Women's Day across all districts of J&K, with a series of awareness and community mobilization activities aimed at empowering women and strengthening their role in community development.The celebrations were...

District Administration hosts Mission YUVA mela in Ganderbal, women entrepreneurs and SHGs showcase products, DC distributes support kits and promotes enterprise and livelihood initiativesMarch 08, Ganderbal: On the occasion of International Women’s Day, the District Administration Ganderbal...

Shillong, March 8 Meghalaya Chief Minister Conrad K Sangma extended greetings on the occasion of International Women's Day and highlighted the role of self-help groups and entrepreneurship in women's empowerment in the state.Sangma said that women's empowerment in Meghalaya means ensuring that...