Page 4 - Latest Updates on Financial Inclusion
Focus on four 'Is' to make India a developed nation by 2047: Sitharaman
The four 'Is' are infrastructure, investment, innovation and inclusiveness
 "Focus on four 'Is' to make India a developed nation by 2047: Sitharaman")
Financial services secy asks banks to achieve financial inclusion targets
He further urged banks to devise the strategy and step up efforts to increase the digital onboarding of street vendors and scale up their digital payments, the finance ministry said
 "Financial services secy asks banks to achieve financial inclusion targets")
RBI Governor launches financial inclusion dashboard 'Antardrishti'
The dashboard, presently intended for internal use in the RBI, will further facilitate greater financial inclusion through a multi-stakeholder approach
 "RBI Governor launches financial inclusion dashboard 'Antardrishti'")
India's financial inclusion journey can be example for other countries: UN
India is at the vanguard of the digital revolution and its financial inclusion journey can be an example for other developing countries to look at, senior UN officials and economists have said
 "India's financial inclusion journey can be example for other countries: UN")
Achieve targets under financial inclusion plans: Finance ministry to PSBs
"Banks were advised to leverage their banking correspondents network for outreach and enrolling potential beneficiaries," the finance ministry said in a statement
 "Achieve targets under financial inclusion plans: Finance ministry to PSBs")
Breaking barriers, building inclusion
By focusing on measures that make financial services available to households and small and medium enterprises, G20 has the potential to make a real difference in people's lives
Global Partnership for Financial Inclusion G20 meet concludes in Hyderabad
The second meeting of the Global Partnership for Financial Inclusion (GPFI) under G20 India Presidency concluded here on Tuesday
 "Global Partnership for Financial Inclusion G20 meet concludes in Hyderabad")
Paytm inks pact with Andhra govt for initiatives in financial inclusion
One97 Communications that owns Paytm brand announced it has signed an agreement with the Andhra Pradesh government to drive initiatives in financial inclusion, public health, cyber security
 "Paytm inks pact with Andhra govt for initiatives in financial inclusion")
FinMin meets private sector bankers, reviews progress of flagship schemes
Last week, Joshi met heads of public sector banks and urged them to achieve targets under various schemes for current financial year
 "FinMin meets private sector bankers, reviews progress of flagship schemes")
Internet connectivity key to India's robust financial inclusion: SBI chief
Khara said that his and other banks have created a robust system of digital banking that help people get access to their banking needs in real time
 "Internet connectivity key to India's robust financial inclusion: SBI chief")
India great example of how financial inclusion can work: German envoy
Auster was a part of the delegation at the first Global Partnership for Financial Inclusion meeting of the G20, which was held from January 9-11
World's focus must be on women-led development: Munda at G20 event
India's G20 presidency seeks 'human-centric globalisation', says Union tribal affairs minister
 "World's focus must be on women-led development: Munda at G20 event")
Financial inclusion, remittance cost focus areas in G20 meeting
In Kolkata, apart from the plenary meetings, there would be a symposium that would see participation of 12 international speakers
Aadhaar's new goal: AePS to facilitate financial inclusion in rural areas
As per official data, the UIDAI records seven to eight crore Aadhaar authentications every day, and AePS currently comprises nearly 40% of them
 "Aadhaar's new goal: AePS to facilitate financial inclusion in rural areas")
69% Indian households struggle with financial insecurity, says survey
The survey was conducted between May and September 2022
 "69% Indian households struggle with financial insecurity, says survey")
Merger of PSBs haven't impacted financial inclusion adversely: RBI
Preserving financial system stability an overriding objective for regulators says deputy governor Rajeshwar Rao
 "Merger of PSBs haven't impacted financial inclusion adversely: RBI")
Digital Banking Units to boost financial inclusion: All you need to know
Karnataka, Tamil Nadu, Uttar Pradesh, Odisha and Rajasthan will get four DBUs each, followed by Gujarat, Kerala, Madhya Pradesh, Maharashtra, Punjab, Sikkim and Telangana, with three DBUs each
 "Digital Banking Units to boost financial inclusion: All you need to know")
FinMin's special campaign in seven districts to deepen financial inclusion
Campaign will work to achieve saturation in respect of bank accounts, insurance/pension schemes; distribution of loans to FPOs, SHGs for setting up cold-chain infra, KCC penetration, among other thing
 "FinMin's special campaign in seven districts to deepen financial inclusion")
Public sector banks to open 316 branches in financial inclusion drive
Brick and mortar branches to be opened by December 2022; progress was shared in PSB review
 "Public sector banks to open 316 branches in financial inclusion drive")
The path to greater financial inclusion
Data for 2021 suggest that at least 76 per cent of the global population holds a bank account
 "The path to greater financial inclusion")