Axis Bank Partners with IRMA to Promote Financial Inclusion and Literacy in India Axis Bank, one of India’s leading private sector banks, has recently joined hands with the Institute of Rural Management Anand (IRMA) to launch a groundbreaking initiative aimed at promoting financial inclusion and literacy across the nation. This partnership marks a significant step…
IndiaFirst Life Becomes the First Life Insurance Company to Obtain Gift City IFSC Registration In a significant development in the Indian insurance sector, IndiaFirst Life has achieved a notable milestone by becoming the first life insurance company to obtain registration at the Gift City International Financial Services Centre (IFSC). This achievement holds great importance for…
SBI Card Partners with Reliance Retail to Introduce Reliance SBI Card In a significant development in the financial sector, SBI Card has entered into a strategic partnership with Reliance Retail to introduce the much-anticipated ‘Reliance SBI Card.’ This collaboration between one of India’s largest public sector banks and the retail giant holds substantial implications for…
SBI Report – PM SVANidhi Scheme is a Gender Equalizer The “PM Street Vendor’s AtmaNirbhar Nidhi” (PM SVANidhi) scheme has emerged as a significant initiative to empower street vendors and boost their livelihoods. A recent report by the State Bank of India (SBI) highlights the remarkable impact of this scheme in bridging the gender gap…
IRDAI to Deploy ‘Bima Vahak’ in Every Gram Panchayat Before End of 2024 The Insurance Regulatory and Development Authority of India (IRDAI) has recently announced a groundbreaking initiative aimed at revolutionizing insurance accessibility across rural India. The initiative, named ‘Bima Vahak,’ is set to transform the insurance landscape by deploying it in every Gram Panchayat…
RBI Doubles UCB Gold Loan Limit to ₹4 Lakh The Reserve Bank of India (RBI) has recently made a significant decision to double the gold loan limit for Urban Co-operative Banks (UCBs) to ₹4 lakh. This move by the central bank is poised to have far-reaching implications, particularly for students preparing for various government exams,…
SBI Introduces Mobile Handheld Device to Drive Financial Inclusion The State Bank of India (SBI), one of the largest public sector banks in India, has taken a significant step towards furthering financial inclusion with the introduction of a revolutionary mobile handheld device. In this article, we will delve into why this news is important, provide…
All-in-One Affordable Insurance Cover “Bima Vistaar” to be Rolled Out Soon In the ever-evolving landscape of insurance services, a new offering is set to make waves – “Bima Vistaar.” This innovative insurance product is poised to cater to the diverse needs of individuals, providing comprehensive coverage at an affordable price point. As students preparing for…
Finance Ministry Approves Welfare Measures for LIC Agents and Employees The Finance Ministry has recently given its nod to a series of welfare measures designed to benefit Life Insurance Corporation (LIC) agents and employees. These measures come as a significant relief for the LIC community and are poised to have a substantial impact on various…
RBI and NPCI Introduce Credit Lines on UPI Conversational Payments In recent developments in the financial sector of India, the Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI) have introduced a significant change that is set to revolutionize digital payments. This move involves the introduction of credit lines on UPI…
