New Delhi [India], July 21 (ANI): Government think tank NITI Aayog has made a case and offered a template and roadmap for a licensing and regulatory regime for digital banks that focuses on avoiding any regulatory or policy arbitrage and offers a level playing field to incumbents as well as competitors.
One small deposit and a giant step towards financial literacy is what the Jan Dhan scheme set out to do. Seven years to the day the scheme launched by PM Narendra Modi has successfully brought 43.04 crore citizens under the formal banking system. Marking the anniversary PM Modi tweeted, “I would like to applaud the untiring efforts of all those who have […]
New Delhi [India], August 19 (ANI): Public sector banks can attract about Rs 25,000 crore in deposits by serving 100 million low-income women while financially empowering 40 crore Indians, according to a new report published jointly by Bank of Baroda and global non-profit organisation Women's World Banking.
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