Financial Inclusion Current Affairs - 2019

Category Wise PDF Compilations available at This Link

FinTech Conclave 2019

NITI Aayog had organised a day-long FinTech Conclave 2019 in New Delhi. The objective of the conclave was to shape India’s continued ascendancy in FinTech, build the narrative for future strategy and policy efforts, and to deliberate steps for comprehensive financial inclusion. The conclave looked into various dimensions of the future of the FinTech, particularly Read More…

Month:  Categories: Business, Economy & Banking

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RBI replies to RTI regarding Demonetisation

The minutes of meeting which had approved the demonetisation of Rs 500 and Rs 1000 currency notes has been revealed through RTI. The government had contested that demonetisation would help curb black money and a steep rise in Rs 500 and Rs 1,000 notes; check the circulation of fake currency and promote e-payments and financial Read More…

Month:  Categories: Business, Economy & Banking

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Nilekani Panel to strengthen the Digital Payments Ecosystem

The Reserve Bank of India (RBI) has constituted a high-level committee under Nandan Nilekani to suggest measures to strengthen the safety and security of digital payments in the country. Members of the Committee Nandan Nilekani will be the head of the committee which comprises of former RBI deputy governor H.R. Khan, former MD and CEO Read More…

Month:  Categories: Business, Economy & Banking

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IPPB ties up with Bajaj Allianz to offer life insurance products

State-owned India Post Payments Bank (IPPB) and private life insurer Bajaj Allianz Life Insurance Co Ltd (BALIC) have entered into strategic partnership to provide life insurance solutions. It will allow IPPB customers across segments to access wide array of life insurance products and services especially at doorstep. BALIC is the first life insurer to partner Read More…

Month:  Categories: Business, Economy & Banking

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DARPAN Project launched to improve financial inclusion of Rural Population

The Union Ministry of Communications has launched DARPAN (The Digital Advancement of Rural Post Office for A New India) to improve quality of service, add value to services and achieve financial inclusion of un-banked rural population. DARPAN is Information Technology (IT) modernisation project aimed at realising financial inclusion of un-banked rural population. It offers core Read More…

Month:  Categories: Business, Economy & Banking

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IPPB Bank to become operational in 650 districts by April 2018

The Union Government has announced that India Post Payments Bank (IPPB) will become operational in all 650 districts of the country by April 2018 to facilitate financial inclusion. These banks will be linked to 1.55 lakh rural post offices for its operations and carry out banking services. This will be largest banking network in the Read More…

Month:  Categories: Business, Economy & Banking

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Odisha becomes first state to adopt SHG based financial inclusion model

Odisha became the first state in the country to adopt Self Help Groups (SHG) based model for financial inclusion model to extend banking services in the unbanked areas through SGHs. In this regard, state government has inked agreement with the State Bank of India (SBI). The SHGs formed under the Odisha Livelihood Mission (OLM) will Read More…

Month:  Categories: States

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