Banks urged to expand digital outreach, end-to-end loan processing: DFS Secretary
New Delhi, Oct. 6 -- The Department of Financial Services (DFS) has urged public and private sector banks to expand their digital outreach and focus on end-to-end digital processing of loans as the government seeks to deepen financial inclusion across the country.
DFS Secretary Sanjay Lohiya chaired a review meeting with heads of all public sector banks and executive directors of major private sector banks in New Delhi on Tuesday to assess progress under various financial inclusion schemes.
The meeting reviewed the implementation of schemes including Pradhan Mantri Jan Dhan Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana, Atal Pension Yojana, Pradhan Mantri Mudra Yojana, Stand Up India, PM Street Ven...
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