Banking for all
The banking sector in Kerala becomes the first in the country to achieve 100 per cent financial inclusion. IN 2011 Kerala made a landmark achievement: its banking sector became the first in India to achieve 100 per cent financial inclusion, guaranteeing at least one bank account in each household and banking facilities within reach of all the people in the 14 districts of the State. The project to achieve total financial inclusion was part of a Government of India initiative aimed at providing banking services to every village with a population of over 2,000. Those who are thus financially excluded, especially the poor, cannot access mainstream financial products such as bank accounts, credit, remittances and payment services, financial advisory services, insurance facilities, and so on.
Financial inclusion is the main mission of India Post Payments Bank: CEO Sethi
Discover Related
One in Four Indians Is Financially Literate, Says Wef Study
How India pays online: UPI leads with 65% share, EMIs make up 20%—in charts
One state-one regional rural bank to become a reality from next month
IndusInd Bank Crisis Exposes Risks of India’s Private Banking Model
Include financial literacy in school curriculum, suggest experts
RBI to focus on customer service, financial inclusion says RBI Gov
Regional Rural Banks Log Record-High Profit Of Rs 7,571 Crore In FY24
Driven by rapid growth, India's financial system more resilient and diverse: IMF
Kerala Minister blames Centre’s fiscal policies for financial strain on states
Financial independence high among Kerala women: NITI Aayog report
Tirunelveli district to get ₹18,059 crore as priority loans in upcoming fiscal
Tamil Nadu has highest share of women borrowers: NITI Aayog report
UPI transactions in January surpass 16.99 billion, highest recorded in any month
NABARD upgrades Kerala Bank’s rating to ‘B’ grade
Mint Explainer | Fintechs launch CBDC wallets: Is RBI’s e-rupee set to take off?
Bank that had a humble beginning has more than 3,000 branches
Invest Kerala Global Summit: Kerala CM Pinarayi Vijayan promises to cut red tape
UPI dominates digital payments
NABARD pegs credit potential for Kanniyakumari district at ₹28,687 crore
Good News For Bank Customers, Govt Considering Raising Insurance Cover For Deposits
SBI launches ‘Jan Nivesh SIP’ scheme for financial inclusion, waives off commission
NABARD pegs credit potential for priority sectors across Telangana at ₹3.86 lakh crore
Kerala budget increases social sector funding, but no hike in pensions