Reserve Bank of India Governor Sanjay Malhotra on Saturday said India is poised to become the world’s third largest economy soon, crediting the Pradhan Mantri Jan Dhan Yojana for strengthening…
RBI Governor Sanjay Malhotra (File photo) MUMBAI: RBI Governor Sanjay Malhotra has said that the regulator has left it to individual banks to decide on the extent of minimum balance…
Financial inclusion is about more than just providing access to banking — it’s about equipping people with the knowledge to improve their lives, Reserve Bank of India Deputy Governor Swaminathan…
RBI Governor Sanjay Malhotra on Wednesday announced key initiatives to make banking services more customer-friendly and inclusive. Among the major steps is the move to simplify and standardise the claims…
MUMBAI: Finance minister Nirmala Sitharaman on Friday called upon banks to embrace innovation and digital transformation, emphasising the need to adapt to changing customer expectations and technological advancements.At an event…
NEW DELHI: More than 54.5 crore JanDhan accounts have been opened till January 15, 2025, of which about 56 per cent belong to women, Finance Minister Nirmala Sitharaman said on…
NEW DELHI: The micro finance institutions (MFIs) industry in India has witnessed a skyrocketing growth of more than 2,176 per cent in the past 12 years, with its business soaring…
NEW DELHI: The Ministry of Finance on Saturday revealed that the Unified Payments Interface (UPI) completed 15,547 crore transactions between January and November 2024. These transactions amounting to Rs 223…
RBI governor Sanjay Malhotra Sanjay Malhotra, who took over as RBI's 26th governor on Wednesday, said stability, trust and growth will remain the central bank's core values. "India's growth trajectory…
NEW DELHI: The Unified Payments Interface (UPI), since its launch in 2016, has vastly transformed financial access in the country, enabling 300 million individuals and 50 million merchants to perform…