Mutual funds’ share in household savings jumps 6x in decade on inclusion, low rates & confidence boost
The Rise of the Mutual Fund: How India is Saving Smarter For years, the narrative around Indian household savings has been dominated by images of ...
Pension push: PFRDA eyes 50 lakh SVANidhi street vendors for APY, cites strong loan repayment record
PFRDA aims to enroll 5 million PM SVANidhi beneficiaries into the Atal Pension Yojana (APY), leveraging the scheme’s success in providing micro-credit to street vendors. ...
Mutual funds caution: Sebi chief warns against fraudulent redemptions; promises incentives for women investors
Sebi chairman Tuhin Kanta Pandey has alerted mutual funds about rising operational risks like fraudulent redemptions, urging vigilance and swift action. Sebi is planning incentives ...
Financial inclusion must focus on literacy, not just access: RBI deputy governor
RBI Deputy Governor Swaminathan Janakiraman emphasized that financial inclusion extends beyond banking access, focusing on empowering individuals through financial literacy for improved lives and economic ...
RBI finalises co-lending framework starting Jan 2026
RBI’s final co-lending rules, effective January 1, 2026, introduce blended lending rates and escrow-based cashflow, potentially impacting originator attractiveness. New norms allow partial credit enhancement ...
‘To make settlement simpler’: RBI to simplify claims process for deceased customers’ nominees; banks launch re-KYC drive for Jan Dhan accounts
RBI Governor announced measures to simplify claim settlements for deceased customers’ accounts and lockers, alongside a re-KYC drive for PMJDY accounts via panchayat-level camps. The ...
Street vendor push: Loan hike, credit cards okayed
Lending a Hand Up: Expanded Credit Access for India’s Street Vendors For millions, the rhythmic clatter of pans, the aroma of spices wafting through the ...
UPI surge: India leads in fast payments; 18bn monthly transactions power growth
India has emerged as a global leader in real-time digital payments, primarily driven by the Unified Payments Interface (UPI). Launched in 2016, UPI has revolutionized ...
UPI has surpassed Visa with 650m daily transactions: Amitabh Kant
Unified Payments Interface (UPI) has overtaken Visa to become the world’s leading real-time payment system, processing over 650 million daily transactions compared to Visa’s 639 ...
Fintechs must drive financial inclusion: Financial services secretary
Fintech’s Big Responsibility: Powering India’s Financial Inclusion India’s fintech sector is buzzing. Innovation is rampant, investment is pouring in, and new solutions are hitting the ...
