Odisha, Singapore sign MoU to establish FinTech hub in Bhubaneswar Bhubaneshwar, January 18: The Government of Odisha's Electronics and IT Department and Singapore's Global Finance & Technology Network (GFTN) signed an MoU to establish a Global Competency Centre in B...
Secretary Department of Financial Services chairs review meeting today New Delhi, January 15: M Nagaraju, Secretary, Department of Financial Services, Ministry of Finance, chaired a review meeting with heads of Public Sector Banks and MD and CEOs and senior officers of P...
Higher indebtedness and wealth effect have increased inequality: Report New Delhi, January 10: Household (HH) debts have gone up due to increased financial inclusion amid increased wealth because of increased investments in real estate and equities according to a recent r...
Demat accounts in India hit record 185 million in 2024 New Delhi, Jan 9: As Indian equity benchmarks continue to outperform the global peers, the number of total demat accounts increased to record 185 million in 2024....
Indian Micro Finance sector grows by over 2,100% in 12 yrs New Delhi, January 9: The business of Micro Finance Institutions (MFIs) industry has risen from Rs 17,264 crores in March'12 to Rs. 3.93 lakh crore as of November'24, M Nagaraju, Secretary, DFS, Minis...
India's life insurance industry at an inflexion point, poised to grow strong: Centrum report New Delhi, January 7: The life insurance sector in India is at an "inflexion point" and is poised to grow due to a variety of good reasons. Financial services company Centrum Broking in a report asser...
Rural women entrepreneurs take centre stage at NABARD's Grameen Bharat Mahotsav New Delhi, January 6: The third day of Grameen Bharat Mahotsav, organised by the Department of Financial Services and National Bank for Agriculture and Rural Development (NABARD), witnessed a focused...