Aadhaar
Dr. Ashish Kumar Bhutani, Secretary of the Ministry of Cooperation, participated in a workshop aimed at onboarding Cooperative Banks to Aadhaar-enabled Payment Services. This initiative, aligned with Prime Minister Modi's vision of 'Sahkar se Samriddhi', seeks to empower cooperative banks, enhance financial inclusion in rural areas,
MSMEs
The Secretary of DFS chaired a meeting organized by the Indian Banks’ Association to discuss empowering MSMEs, which contribute significantly to India's GDP and exports. The meeting focused on immediate priorities and long-term strategies to enhance the resilience of the MSME sector, emphasizing the need for better access
financial inclusion
The Nationwide Financial Inclusion Saturation Campaign, launched on July 1, 2025, has achieved remarkable success in its first 2.5 months, organizing over 2.3 lakh camps across the country. This initiative has led to the opening of more than 61 lakh new PM Jan Dhan Yojana accounts and over
Digital India
The CSC e-Governance Services India Limited has achieved a significant milestone by disbursing ₹3,000 crore in loans since July 2023, benefiting nearly 70,000 underserved borrowers. This initiative, part of the Digital India program, aims to promote financial inclusion, support rural entrepreneurship, and strengthen local economies. Through a network
PSB Manthan 2025
The Department of Financial Services organized PSB Manthan 2025, a two-day event aimed at positioning Public Sector Banks (PSBs) as key drivers in achieving the vision of Viksit Bharat 2047. The event featured discussions on governance, customer experience, innovation, and technology modernization, emphasizing the need for PSBs to evolve into
IEPFA
The Investor Education and Protection Fund Authority (IEPFA) celebrated its 9th Foundation Day with a Round Table Conference in New Delhi, focusing on the theme 'Claiming the Unclaimed: Unlocking the Potential of Idle Financial Assets in India.' Keynote speaker Mr. Sanjeev Sanyal emphasized the need for innovative policies
Universal Postal Congress
Shri Jyotiraditya M. Scindia, Union Minister of Communications, will lead the Indian delegation at the 28th Universal Postal Congress in Dubai. India aims to promote innovation and financial inclusion in the postal sector, highlighted by the launch of the UPI-UPU Integration project, which will enhance cross-border remittances. The Congress will
GST rates
The Ministry of Heavy Industries has announced new GST rates that will significantly affect various sectors within heavy industries, particularly the automobile sector. Key changes include reductions in GST for two-wheelers, small cars, large cars, tractors, buses, and commercial vehicles, aimed at boosting demand, supporting job creation, and enhancing financial
GST rates
The Government of India has announced significant reductions in GST rates for various automobile categories, including two-wheelers, small cars, large cars, tractors, buses, and commercial vehicles. These changes aim to boost demand, support job creation, and enhance financial inclusion, particularly in semi-urban areas. The revised rates are expected to stimulate
India Post
Prime Minister Narendra Modi shared an article by Union Minister Jyotiraditya M. Scindia, highlighting India's postal system, which now operates as the world's largest doorstep banking network through India Post Office and IPPB Online. Modi emphasized the government's efforts in promoting financial inclusion and
President Murmu
On September 2, 2025, President Droupadi Murmu attended the 120th foundation day of City Union Bank in Chennai, emphasizing the banking industry's crucial role in India's economic growth. She highlighted the importance of financial inclusion, noting the need for accessible financial services for all citizens, especially
Account Aggregator
The Ministry of Finance marks the fourth anniversary of the Account Aggregator (AA) framework, launched on September 2, 2021. The AA ecosystem has seen significant growth, with 112 financial institutions operating as both Financial Information Providers (FIP) and Financial Information Users (FIU), and over 2.2 billion financial accounts enabled