Instructions were issued on holding loan camps in the last week of September.
Banks now ride on what is defined as a "banking outlet". This is a fixed-point service unit, manned by either the bank's staff or its business correspondent (BC), where all kinds of services - acceptance of deposits, encashment of cheques, cash withdrawal or lending of money - are provided for a minimum of four hours per day, for at least five days a week. Banks are now turning to reposition the manner in which they acquire customers, report Abhijit Lele and Raghu Mohan.
The finance minister's meeting with chief executives and managing directors of banks ahead of the Union Budget assumes significance in view of the critical role the banking sector plays in boosting consumer demand across sectors.
The actor recently shared a picture on Twitter.
Why is the government unwilling to disclose the winners of its DigiDhan Yojana?
The veteran actor passed away into the ages on July 12.
A look at the top tweets from your favourite Bollywood celebrities.
The department has found that Rs 100 crore were deposited in 500 Jan Dhan accounts in the banks in western Madhya Pradesh post-demonetisation.
On display were PM Modi's pet projects like the 'Make in India' scheme and 'Jan Dhan Yojana'.
While most economies contracted in the second quarter of 2020, the Chinese economy grew by 3.2 per cent.
The release date of Ghayal Once Again has been pushed to February.
Bollywood's most loved Bhai, Salman Khan has a few Bhais of his own.
Enthused by India's financial inclusion drive, US-based Accion, one of the biggest micro finance organisations in the world, has renewed its focus in India. Michael Schlein, bottom, left, chief executive officer of Accicon, tells Namrata Acharya in an email interview the Wall Street and Silicon Valley are eager to participate in opportunities presented by the issuance of the small finance and payment bank licences, the expanded banking correspondent opportunities, and the Jan-Dhan Yojna.
'Give cash assistance of Rs 75 per person per day and an android phone and you will see the economy reviving.'
For smaller MFIs, resuming operations is more difficult because they haven't got any fresh bank credit sanctioned from their lenders.
Here's why Salman Khan is the numero uno of Bollywood!
Bollywood looks grand at Sonam's shaadi.
Here are the photos of the celebrities who attended Salman Khan's 50th birthday bash.
The court was hearing petitions challenging the Aadhaar scheme.
The president said women safety is a very serious issue and a lot of work has been done on this but much remains to be done.
In his four-page letter in Hindi, the PM said that better infrastructure and rule of law are imperative for social and economic prosperity and only the NDA can provide that in Bihar.
Here's taking a look at the B-town hunks, who have turned Prem for Sooraj Barjatya.
Bankers need to take a call on whether they will allow technology firms to run banks or banks themselves will turn into tech firms, says Tamal Bandyopadhyay.
Pay a little more attention and there's a lot she can teach you about romantic relationships.
Reader Ganesh R has sent has a few photographs.
Bharat is the biggest opener of the year from Bollywood.
The prime minister also said the government has offered to discuss clause by clause of the three farm laws and if there are any shortcomings it was ready to make changes.
He said India was 'very careful' while taking action against terror camps in Balakot across the border after the Pulwama attack.
A look at the top tweets from your favourite Bollywood celebrities.
India did not create the problem. But if it had a better functioning government system, it would have been able to deal with it at lower cost to its citizens, explains T N Ninan.
Policymakers should consider the challenges of beneficiary identification, distributor opposition and beneficiary financial inclusion.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
The Indian Army has been slow to react. Indian troops have deployed in the vicinity of PLA incursions, but there are no attempts to outflank Chinese positions.
The Friends of Modi initiative is expected to to boost the BJP's vote count by at least 1%.
The Budget will 'further reignite our growth engine, signalling the dawn of a prosperous future.'
Varun Dhawan and Elli Avram take center stage at the Big Star Entertainment Awards.
The government has only taken a pause and more measures will be announced in the days to come to help sectors hit by the coronavirus outbreak and also to make India 'Atmanirbhar Bharat', Minister of State for Finance Anurag Thakur said. Since the outbreak of the pandemic, the government has taken several steps to mitigate the hardships of the people due to lockdown and support growth, Thakur told PTI in an interview.
Customers have other options available to them to do low-value transactions, if wallets start mandating full KYC and would switch to those.
The actor maintained that he is yet to seal the deal.
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