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Need clarity on UID and related Direct Benefit Transfer

A clear communication on the status of UID and the next course of action would go a long way in giving some direction to the initiatives started on the basis of Aadhar, especially Direct benefit......

Prime Minister moots faster cash transfers for workers

In a move to cut down wastage, duplication and leakages and enhance efficiency, the Prime Minister has given a major push to transfer individual benefits from the government directly into the bank......

How to expand rural banking reach

Rural banking got a new lease of life in the year 2005-06 when the Regulator announced policy on Financial Inclusion through Business Correspondent (BC) model. This was followed by the guidelines......

Aadhar-based payment platform: All you need to know

The electronic disbursal platform suggested by the task force, led by Unique Identification Development Authority of India chairman Nandan Nilekani, is slated to transform the entire subsidy and......

UIDAI to join banks for financial products

The Unique Identification Authority of Indiais looking at the possibility of partnering public sector banks to co-design Aadhaar-enabled financial products, V S Bhaskar, deputy director general of......

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