Page 3 - Latest Updates on Financial Inclusion
World's focus must be on women-led development: Munda at G20 event
India's G20 presidency seeks 'human-centric globalisation', says Union tribal affairs minister
 "World's focus must be on women-led development: Munda at G20 event")
Financial inclusion, remittance cost focus areas in G20 meeting
In Kolkata, apart from the plenary meetings, there would be a symposium that would see participation of 12 international speakers
 "Financial inclusion, remittance cost focus areas in G20 meeting")
Aadhaar's new goal: AePS to facilitate financial inclusion in rural areas
As per official data, the UIDAI records seven to eight crore Aadhaar authentications every day, and AePS currently comprises nearly 40% of them
 "Aadhaar's new goal: AePS to facilitate financial inclusion in rural areas")
69% Indian households struggle with financial insecurity, says survey
The survey was conducted between May and September 2022
 "69% Indian households struggle with financial insecurity, says survey")
Merger of PSBs haven't impacted financial inclusion adversely: RBI
Preserving financial system stability an overriding objective for regulators says deputy governor Rajeshwar Rao
 "Merger of PSBs haven't impacted financial inclusion adversely: RBI")
Digital Banking Units to boost financial inclusion: All you need to know
Karnataka, Tamil Nadu, Uttar Pradesh, Odisha and Rajasthan will get four DBUs each, followed by Gujarat, Kerala, Madhya Pradesh, Maharashtra, Punjab, Sikkim and Telangana, with three DBUs each
 "Digital Banking Units to boost financial inclusion: All you need to know")
FinMin's special campaign in seven districts to deepen financial inclusion
Campaign will work to achieve saturation in respect of bank accounts, insurance/pension schemes; distribution of loans to FPOs, SHGs for setting up cold-chain infra, KCC penetration, among other thing
 "FinMin's special campaign in seven districts to deepen financial inclusion")
Public sector banks to open 316 branches in financial inclusion drive
Brick and mortar branches to be opened by December 2022; progress was shared in PSB review
 "Public sector banks to open 316 branches in financial inclusion drive")
The path to greater financial inclusion
Data for 2021 suggest that at least 76 per cent of the global population holds a bank account
 "The path to greater financial inclusion")
Financial inclusion shaping rate-setting decisions now: RBI's Michael Patra
Financial inclusion lowest in rural and agriculture-dependent areas where food is the main source of income, say deputy governor.
 "Financial inclusion shaping rate-setting decisions now: RBI's Michael Patra")
Plan to create value from waste, use green hydrogen, says Nitin Gadkari
Union Minister Nitin Gadkari on Thursday said that he envisions to "create value from waste" and is planning to use green hydrogen to run buses, trucks, and cars in Indian cities.
 "Plan to create value from waste, use green hydrogen, says Nitin Gadkari")
Why India needs to adopt crypto
A progressive regulatory framework will create a prosperous crypto ecosystem and expand financial inclusion in the country in a secure, simple, and transparent manner
 "Why India needs to adopt crypto")
India ahead of China in financial inclusion metrics now: SBI report
States with higher financial inclusion/ more bank accounts have also seen a perceptible decline in crime along with a meaningful drop in consumption of alcohol and tobaccos, according to the report
 "India ahead of China in financial inclusion metrics now: SBI report")
Story in numbers: Goa sees rise in women-owned bank accounts, shows data
As in many other state, in Goa too, assertion by women is backed by their capacity to take financial decisions
 "Story in numbers: Goa sees rise in women-owned bank accounts, shows data")
BS BFSI Summit: SFBs should look beyond universal licence, says R Gandhi
Ex-RBI deputy governor says they must become financial conglomerates
 "BS BFSI Summit: SFBs should look beyond universal licence, says R Gandhi")
MFIs shouldn't sacrifice social mandate at altar of growth: RBI dy governor
M Rajeshwar Rao urges them not to forget sector's original mandate of financial inclusion, as over-indebtedness by borrowers, coercive recovery would roll back gains achieved over the years
 "MFIs shouldn't sacrifice social mandate at altar of growth: RBI dy governor")
PSBs told to push for financial inclusion, expand insurance coverage
The Centre has also asked state-owned banks to enter into co-lending arrangements with NBFCs and MFIs
 "PSBs told to push for financial inclusion, expand insurance coverage")
BRICS report makes case for developing safe digital architecture
A BRICS report has made a strong case for developing a safe digital architecture with a view to gain the trust of stakeholders and promote financial inclusion among the member nations
 "BRICS report makes case for developing safe digital architecture")
Protecting consumers, the heart of finance
Competitive markets in financial services are the best bulwark against consumer fraud in the long run. In the medium term, omnibus and dedicated legislation could be the answer
 "Protecting consumers, the heart of finance")
Beyond bank accounts
Protect investor confidence to increase financial inclusion
 "Beyond bank accounts")
