RuPay takes on Visa and Mastercard with a little govt help

RuPay is working on how to increase offers to customers. It is also focused on technology innovation in the card payment system. IMAGE: A RuPay sign is seen on the door of an ATM. Photograph:......

PSBs not going to raise bank charges in near future: FinMin

The ministry of finance on Tuesday clarified that public sector banks (PSBs) have intimated they are not going to raise bank charges in the near future in view of the COVID-19 pandemic. The......

Jan Dhan account deposits cross Rs 1 lakh cr

Deposits in bank accounts opened under Jan Dhan scheme, launched about five years ago by the Modi-government, have crossed the Rs 1 lakh crore mark. As per the latest finance ministry data, the......

Financial inclusion may remain an unsolved puzzle

Financial inclusion is back in the limelight after Prime Minister Narendra Modi announced the launch of Pradhan Mantri Jan Dhan Yojana -- an initiative to bank the poor -- in his Independence Day......