The Indian government has enhanced the PM SVANidhi scheme, offering higher subsidised loans and UPI-linked credit cards to street vendors. This initiative aims to support over 50 l...
Digital tax platforms like FixMyTax are simplifying financial compliance in India, especially for rural and semi-urban areas, by combining digital services with expert support. The...
The government appoints Ajay Seth as the new IRDAI chairperson, aiming to address the insurance sector's reform backlog and restore trust. With a background in economic policymakin...
Young India is leading a revolution in retirement planning, with millennials and Gen Z professionals starting early. Market-linked products like ULIPs dominate, and small towns are...
India leads the world in real-time digital payments through UPI, processing over 18 billion transactions monthly. This revolution supports small businesses and expands globally, ma...
RUGR is pioneering a smart, modular financial ecosystem in India, focusing on inclusivity and empowerment of rural communities through innovative solutions like AGRI-GRAM and NEO-G...
Indian Bank has sanctioned Rs 1,011 crore loans to over 3,000 women from SHGs in Tamil Nadu, enhancing financial inclusion and supporting grassroots entrepreneurship. This initiati...
The Ministry of Finance has refuted claims of closing inactive Jan Dhan accounts, emphasizing a new campaign for financial inclusion. Benefits include no minimum balance, insurance...
UPI Circle by NPCI revolutionizes India's digital payments by enabling delegated transactions with security and oversight, fostering financial inclusion and simplifying payments fo...
Piramal Finance and ICICI Bank have partnered to co-lend, focusing on home loans and loans against property for middle- and low-income borrowers in semi-urban and rural areas, aimi...
Sebi plans to introduce mutual fund schemes bundled with term life insurance to attract rural investors, aiming for financial inclusion and low-cost premiums. A 'Pay Right' initiat...
Recent data shows a significant increase in default rates for personal loans under Rs 10,000, with a peak in delinquencies among loans issued between December 2023 and June 2024. N...
The Finance Ministry is set to review the progress of financial inclusion schemes, including Jan Suraksha and Mudra Yojana, in a meeting with public and private sector bank heads. ...
The microfinance sector faces a 4% portfolio shrinkage in Q2 FY25 as delinquency rates double, prompting calls for credit guarantees and digital repayment methods to stabilize the ...
