Latest Updates Around The World
StockHolding Services Ltd (SSL), a wholly owned subsidiary of StockHolding Corporation of India Ltd, on Wednesday announced the launch of StockFin 2.0 app to monetize the growing stock market participation.StockFin 2.0 is a next-generation investing app designed to provide investors across the country with a simple, secure and seamless experience. From metro cities to fast-growing […]
The Atal Pension Yojana was launched in May 2015 to create a universal social security scheme for all Indians, especially the poor, the underprivileged and the workers in the unorganized sector. After opening savings accounts on a large scale under the Pradhan Mantri Jan – Dhan Yojana (PMJDY), women are making moves to secure their […]
Mumbai: Reserve Bank of India (RBI) Governor Sanjay Malhotra told bank CEOs on Tuesday that the 125 basis point rate cut so far in the current easing cycle, combined with greater use of technology, should translate into lower intermediation costs and higher efficiency, supporting sustainable growth and deeper financial inclusion.One basis point is one hundredth […]
The Finance Ministry is working with the Reserve Bank of India to develop a unified portal through which citizens can search and claim unclaimed assets across bank deposits, pension funds, shares, dividends and other financial instruments, Department of Financial Services (DFS) Secretary M. Nagaraju said on Thursday.Speaking at a mega camp of the Punjab National […]
The growing participation of women not only supports last-mile outreach but also builds deeper trust in the community Women from disadvantaged backgrounds are becoming key figures in driving financial inclusion in underserved rural markets. Insurers recruit women officers from self-help groups (SHG) and other sections of the rural community to work as ‘Bima Vahaks’. “Many […]
Markets regulator Sebi on Monday proposed a revision to the ‘Basic Services Demat Account’ facility to improve financial inclusion, suggesting that ZCZP bonds should be excluded from the portfolio value calculation used to determine BSDA eligibility.The proposal, if implemented, would support the twin objectives of ease of investment and ease of doing business, the Securities […]
