Small Finance Banks in a League of Their Own
SFBs are taking financial inclusion beyond account opening and creating income opportunities in remote areas.
financial inclusion
May 2022
December 2021
March 2021
October 2019
May 2019
October 2018
September 2018
UPI surges; now 51% of digital transactions in India
Financial inclusion: Kerala tops the list with a score of 90.9; Bihar ranks at the bottom with 38.5.
India to be the third largest economy by 2031: Report
According to a BofA Securities report, the Covid-19 shock could delay India touching the GDP of Japan by three years. In their latest estimates, it will now happen by 2031 if the economy grows at 9%.
Fintech is key to financial inclusion: Mastercard
Mastercard believes the fintech revolution can take financial inclusion to the next level in India, where digital payments have already seen a significant jump.
Financial inclusion for the cash-only economy
There is a need of fintech apps targeted at feature phone users and those smartphone users for whom online payments are disabled.
Building a truly financially inclusive society
Initiatives such as Jan-Dhan Yojana and Aadhaar have helped bring a large number of Indians into the formal financial system.
Jan Dhan Yojana to be an open-ended scheme
Pradhan Mantri Jan Dhan Yojana will now be an open-ended scheme and have double the overdraft facility along with a higher insurance cover.
