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Financial Inclusion

By Anand Mishra
In Financial Inclusion
Jan 13th, 2015
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672 Views
The downward movement of price rise continues in India. The Wholesale Price Index (WPI) inflation which  captures inflation at wholesale level, has continued to come down in November and dropped to an unprecedented zero level for  the month. The figure during the previous month stood at 1.8 per cent, the data released by commerce and industry ministry showed. The WPI i...
By GovernanceToday
In Financial Inclusion
Jan 13th, 2015
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864 Views
The Indian equity market has been on a rollercoaster ride. But more recently, over the past year in fact, Indian shares have rocketed, returning 27pc. In 2014 alone the average share is up 18pc. Now, the year 2015 is coming up with new hopes. The current correction in Indian markets is healthy and provides Investors opportunities to accumulate good quality stocks at at...
By Rahul Trivedi
In Financial Inclusion
Jan 13th, 2015
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3672 Views
 Banking in the rural areas was once a dream, but in last couple of decades this dream has come true. The growth of banking sector gained more pace following the passing of the Banking Laws (Amendment) Bill by the Indian Parliament in 2012. The bill  allows the Reserve Bank of India (RBI) to make final guidelines on issuing new licenses, which could lead to more banks ...
By Anand Mishra
In Financial Inclusion
Jan 13th, 2015
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856 Views
Because of the failure of formal banking system, it becomes important that the government takes upon itself the primary role of delivering financial products and services to unbanked population, which means not just bank accounts, but also other  financial services such as credit, insurance and pensions. Basically, all forms of financial activities and requirements of ...
By GovernanceToday
In Financial Inclusion
Nov 4th, 2014
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672 Views
What is the progress in Prime Minister backed financial inclusion programme, Jan-Dhan Yojana ? We have got a very good start. As on 7th October , 5.52 crore accounts have been opened and a deposit of Rs 4,268 crore have been mobilised under PMJDY. What is the status of the direct infusion into Public Sector Bank (PSBs) ? We are going to the Cabinet soon, within a month...
By GovernanceToday
In Advisory
Oct 9th, 2014
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783 Views
Let’s Stop The Blamegame It is easy to blame but tough to galvanise into action. So, most take the easy route – blame FPSB India for not creating awareness of CFP certification and the profession, blame the media for talking to only a few planners, blame the public for their lack of foresight in not approaching hotshot financial planners ( like all of us! ) befor...
By GovernanceToday
In Financial Inclusion
Oct 9th, 2014
0 Comments
926 Views
FEW DAYS AGO, Prime Minister Narendra Modi launched Jan  Dhan Yojana, opening a whopping 15 million bank accounts in a single day. The figure is expected to swell to 75 million by Jan 26 of next year. An accident cover of Rs 100,000 has been loaded on each of these accounts. This underscored  the importance that the government accords to financial inclusion and to brin...