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Over 559 mn accounts opened under financial inclusion scheme Jan Dhan Yojana since 2014: Govt

New Delhi, Aug. 4 -- More than 559 million bank accounts have been opened under the financial inclusion scheme Pradhan Mantri Jan Dhan Yojana (PMJDY) since its launch in 2014, the government informed ... Read More


Cabinet clears Rs.2,000 crore NCDC grant, Rs.11,000 crore rail infra upgrade

New Delhi, July 31 -- The government on Thursday approved a raft of decisions aimed at boosting rural lending, expanding food processing infrastructure, and strengthening India's railway network-all w... Read More


Key banking law changes to take effect on 1 Aug

New Delhi, July 30 -- Key provisions of the Banking Laws (Amendment) Act, 2025 including higher threshold for substantial interest, will come into effect on 1 August, the finance ministry said. The a... Read More


Railways commissions Indigenously Developed Kavach 4.0 on Mathura-Kota Section of the Delhi-Mumbai Route

New Delhi, July 30 -- Indian Railways has launched an indigenous railway safety system, Kavach 4.0, for the Mathura-Kota section of the busy Delhi-Mumbai route. This is the first commissioning of the... Read More


India's construction boom will require better risk management: Marsh report

New Delhi, July 29 -- India's construction industry is expected to grow by 7.1% in 2025, one of the fastest rates in the IMEA (India, Middle East and Africa region), according to a report by Marsh, a ... Read More


India logs 65K digital payments worth Rs.12K trillion in 6 years, says govt

New Delhi, July 28 -- India logged over 65,000 crore digital payment transactions worth Rs.12,000 trillion in the last six fiscal years-FY19 to FY25-marking a surge in the technology's adoption across... Read More


India logs 65K crore digital payments worth Rs.12K trillion in 6 years, says govt

New Delhi, July 28 -- India logged over 65,000 crore digital payment transactions worth Rs.12,000 trillion in the last six fiscal years-FY19 to FY25-marking a surge in the technology's adoption across... Read More


Govt likely to retain 10% voting cap in public sector banks even with higher foreign shareholding

New Delhi, July 24 -- The Indian government is inclined to retain the voting rights of investors in public-sector banks at 10% even as it is in discussions with the Reserve Bank of India (RBI) to revi... Read More


Former finance secretary Ajay Seth appointed Irdai chairperson

New Delhi, July 24 -- The government on Thursday appointed former finance and economic affairs secretary Ajay Seth as chairperson of the Insurance Regulatory and Development Authority of India (Irdai)... Read More


PSU banks' gross bad assets drop to 2.58% in FY25 from 9.11% in FY21: Govt

New Delhi, July 22 -- The government on Tuesday said that the gross non-performing assets (NPA) ratio of public sector banks (PSBs) has declined from 9.11% in March 2021 to 2.58% in March 2025, markin... Read More