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Home » Archives by category » Governance » BFSI (Page 3)

More than 5K jobs are expected to be created by 130 start-ups in one year

More than 5K jobs are expected to be created by 130 start-ups in one year

New Delhi: Feb 21, 2016 Start-up companies in India are expected to raise $700 million and create 5,000 jobs in next 12 months, as per India Startup Outlook Report 2016…

Government to inject more funds into state banks as bad loans soar

Government to inject more funds into state banks as bad loans soar

PTI   Mumbai/New Delhi     Last Updated: February 18, 2016 The government is preparing to pump in a higher-than-anticipated capital sum into poorly performing state banks, sources said, a…

Postal department overtaken SBI on digital connectivity

Postal department overtaken SBI on digital connectivity

Mumbai: Feb 16, 2016 The postal department has surpassed the country’s largest lender, SBI, in terms of digital connectivity even before its payments bank launch, Union IT and Communications Minister…

Govt to soon introduce Business Identification Number for firms

Govt to soon introduce Business Identification Number for firms

New Delhi: Feb 13, 2016 To improve ease of doing business, the government will soon introduce Business Identification Number (BIN) for companies, doing away with multiple registration numbers a single…

Modi government approach banks for funding Swachh Bharat Mission

Modi government approach banks for funding Swachh Bharat Mission

New Delhi, Feb 10: The Narendra Modi government is now looking at the private sector to aide its Swachh Bharat Mission and provide financial assistance for building toilets for poor…

Financial Stability – Are We Barking at All Right Trees?

Financial Stability – Are We Barking at All Right Trees?

By R. Gandhi, Deputy Governor , RBI The global financial crisis had brought in paradigm shifts in many areas viz., regulation, governance and mind-set, amongst others…all in pursuance of a…

Services growth hits 19-month high in January: PMI

Services growth hits 19-month high in January: PMI

PTI    New Delhi: February 4, 2016 India’s services sector activity touched a 19-month high in January driven by strengthening underlying demand and improved weather conditions, a monthly survey showed…

Universal access to banking through Jan Dhan Yojana, has enabled plugging of huge leakages

Universal access to banking through Jan Dhan Yojana, has enabled plugging of huge leakages

( PM Narendra Modi’s speech at The Global Business Summit: Excerpts) Entrepreneurship is one of India’s traditional strengths. It was sad to see it neglected in the last few years.…

Reforms moving in right direction but inadequate

Reforms moving in right direction but inadequate

Davos, Jan 24: Describing the current level of economic reforms in India moving in the right direction but inadequate, Reserve Bank of India Governor Raghuram Rajan has said that business…

2016 must bring greater innovation to the lending market

2016 must bring greater innovation to the lending market

Nicola Georgiou, Managing Director at Freedom Finance At the end of 2015, lending to individuals was at its highest level since the start of the year – and as we…