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

CSCs to provide Digital Financial literacy and service enablement in rural India

CSCs to provide Digital Financial literacy and service enablement in rural India

New Delhi, November 30, 2016: Common Services Centers (CSCs), under the Ministry of Electronics & IT, have been entrusted with the task of providing digital financial literacy training and enabling…

Financial Literacy as a facilitator of Financial Inclusion

Financial Literacy as a facilitator of Financial Inclusion

By S. S. Mundra, Deputy Governor, Reserve Bank of India As financial markets are becoming increasingly complex with serious problems of information asymmetry, the need for financial literacy and education…

Digitise all payments to and from the government

Digitise all payments to and from the government

Nachiket Mor Committe Report on Financial Inclusion India has a rich and diverse payments infrastructure in place already. A number of measures have been taken by RBI to ―activate‖ this…

Banking Renaissance: Inclusion, Innovation & Implementation

Banking Renaissance: Inclusion, Innovation & Implementation

By S. S. Mundra, Deputy Governor, Reserve Bank of India As you might know, the word ‘Renaissance’ has a French origin meaning re- ‘back, again’ + naissance ‘birth’ (from Latin…

‘Banks Board can be effective in risk management’

‘Banks Board can be effective in risk management’

New Delhi, April 6: A majority of the banks in India favour a Banks Board that can help mitigate and manage the risks of the banking industry, according to a…

Public Sector banks lost at least Rs 30,873.86 crore to frauds in 4 years

Public Sector banks lost at least Rs 30,873.86 crore to frauds in 4 years

New Delhi: March 26, 2016 THE 26 public sector lenders, which are expecting a Rs 25,000 crore government bailout in the coming financial year have lost at least Rs 30,873.86…

Will tackle bank stress problem at its core: Jaitley

Will tackle bank stress problem at its core: Jaitley

New Delhi, March 18  Finance Minister Arun Jaitley said on Monday that his government will find a lasting solution to the financial stress of banks by addressing issues at the…

India’s star shines bright in global gloom, says IMF chief Christine Lagarde

India’s star shines bright in global gloom, says IMF chief Christine Lagarde

PTI New Delhi: March 12, 2016 Appreciating continuing reform process in the country, IMF chief Christine Lagarde on Saturday said “India’s star shines bright” amid global economic challenges and can…

Gujarat tops the list of states with most investment potential

Gujarat tops the list of states with most investment potential

PTI New Delhi: March 10, 2016 Gujarat has topped the list of 21 states with most investment potential that has been drawn up by economic think-tank NCAER. Gujarat is followed…

Government to digitally connect rural post offices by March 2017

Government to digitally connect rural post offices by March 2017

New Delhi: March 6, 2016 The government will digitally connect all rural post offices by March 2017, Parliament was informed. “Government is digitally connecting all 1,29,323 gramin dak sewak post…