If you are following what’s happening in the financial inclusion front in India, you would have heard about the Pradhan Mantri Jan-Dhan Yojana (Prime Minister’s People’s Wealth Scheme) 320 more words
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The headwinds in the global economy are beginning to gather pace as one after one, major events are creating newer anxieties in the market. India is sure to face the effects of these headwinds: falling commodity prices, Greece elections, quantitative easing by European Central Bank and low bond yield rates in Japan and US. 618 more words
When it comes to digital finance, India punches below its weight.
The 2014 Intermedia Financial Inclusion Insight (FII) Survey of 45,000 Indian adults found that 0.3% of adults use mobile money, compared to 76% in Kenya, 48% in Tanzania, 43% in Uganda, and 22% in Bangladesh. 811 more words
RBI directs via notification No: RBI/2014-15/422 dated 22nd January, 2015 Banks to disclose following Information’s in their website as well as in a key statement/fact sheet to all individual borrower from April 2015. 256 more words
The Reserve Bank of India (RBI) cut policy rates by 25 basis points (bps) in a surprise move on January 15 on account of easing inflation and expectations of inflation, among other factors. 219 more words