Banking correspondents reduce cost of access to financial services and increase savings in rural India, a new study suggests
1 min read8 Oct 2018Banking correspondents are individuals authorized by banks to act as their representatives in places where they are not physically present
3 min read10 Apr 2017Out of 2 lakh common service centers, 20,000 act as banking correspondents while another 63,000 facilitate Aadhaar-based cash transaction
1 min read15 Nov 2016With banks and ATMs under water, people were able to draw cash from Aadhaar-enabled micro-ATMs
3 min read28 Dec 2015Higher business per branch, better technology and low-cost banking channels will swing rural operations
2 min read17 Nov 2014In Bihar alone, at least 14 attacks on bank kiosk operators have been reported in the last two years
9 min read12 Aug 2014Payment banks and universal electronic bank accounts can bring about genuine financial inclusion
3 min read18 Feb 2014Nearly 40% of population has no access to basic financial services, which govt and central bank are trying to improve
1 min read28 Feb 2013SBI taps telecom firms, others to extend reach
4 min read3 Feb 2011The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared