In order to boost its deposit base, State Bank of India (SBI) is focusing on various segments, including JanDhan account holders, trusts, societies, and the segment below the affluent class but above the normal account holders. According to Ashwini Tewari , managing director, SBI, the bank is focusing on three broad segments. One is wealth banking, where the bank is focusing on individuals who perhaps do not qualify for private banking but are above regular accounts and require individual attention.
'Unless banks focus on the Rs 10-15 lakh loan segment, growing affordable housing will remain a challenge.'
Finance Minister Nirmala Sitharaman on Wednesday said the National Rural Livelihood Mission has achieved remarkable success by mobilising rural women into 1 lakh SHGs (self help groups).
A number of exhibitions at the Bharat Mandapam, the convention centre which will host key G20 summit meetings, will showcase India's technological prowess and innovation, and offer a multitude of unique experiences to the visitors.
'What is proposed is that we tax payers pay Rs 1,000 per month to selected JanDhan accounts of poor families.' 'I am sure there are at least 10 crore Indians for whom Rs 1,000 is no big deal.'
India's goal of self-reliance has been paramount in the policy and practice of the country. The COVID-19 crisis gave us lessons on how to speed up efforts in that direction, he said.
In view of the "runaway success" of the scheme, now it has been decided to make it open-ended with more incentives
While law-abiding customers are harassed for KYC and have to comply with endless paperwork even to open and close accounts, DHFL could easily open nearly 260,000 fake home-loan accounts, reveals Debashis Basu.
'India is the only country whose economy is strong and growing fast.'
The party said, besides MPs and MLAs, all its office bearers will take part in the events which will include public meetings, intellectual conventions, press conferences and interactions with beneficiaries of the government's welfare schemes.
Bharatiya Janata President president Amit Shah on Sunday said his party's main agenda was a "Congress free India".
Jaitley said Modi government has put decisiveness and transparency on forefront in face of obstructionism.
Nandan Nilekani complimented RBI on granting licenses to payments banks, calling it 'a great revolution'.
Says GDP growth rate from 2014-15 to 2015-16 will be greater than that of 2014-15 from 2013-14
Rumours in the bureaucracy on his successor include the names of Sajjid Chinoy of JP Morgan, Rathin Roy of the National Institute of Public Finance and Policy, Neelkanth Mishra of Credit Suisse and the principal economic advisor, Sanjeev Sanyal.
Prime Minister Narendra Modi on Monday morning addressed over 18,000 Indian Americans at the SAP Centre in San Jose.
The PM signs the development mantra in his last rally ahead of Delhi polls.
This alliance is for personal survival, not ideology-based support. This alliance is for power, not for the people. This alliance is for personal ambitions, not people's aspirations," the PM charged.
Stringent action should also be taken against persons involved in terrorism and their extradition should be ensured, he said.
He said that his govt is moving on the correct path and the people have put their seal of approval on it.
A week after her hate speech that triggered widespread outrage, Union Minister Sadhvi Niranjan Jyoti on Monday addressed two rallies in the capital including one at Trilokpuri of East Delhi which had witnessed communal clashes last month.
Dismissing opposition charges, Prime Minister Narendra Modi ruled out dividing Maharashtra to separate Mumbai from the state.
In 20th edition of his radio programme 'Mann ki Baat', Prime Minister Narendra Modi talked about water conservation, Rio Olympics and other subjects.
With clouds of storm hovering over Parliament's budget session, President Pranab Mukherjee on Monday sought the "cooperation" of all MPs in the smooth conduct of legislative business but gave no indication of plans to bring changes in the controversial land acquisition ordinance.
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'India is doing better than when we took office 17 months ago'.
Only national service can save the nation, and not politics: Modi
Pitching for larger opposition unity, six constituents of the erstwhile Janata Parivar on Monday shared dais at a mahadharna slamming the Bharatiya Janata Party's 'divisive' politics and accusing Prime Minister Narendra Modi of telling lies and not fulfilling poll promises on black money.
Prime Minister Narendra Modi gave the vote of thanks to the President's speech on the opening day of the Budget session.
The government has taken a number of steps to address the situation faced by farmers.
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