Financial inclusion: GK, General Studies and Current Affairs

India Post Payment Bank

The India Post Payment Bank has recorded an all-time high of 1,09,000 transactions, worth nearly 23 crore INR in light of the lockdown. About IPPB The India Post Payment Bank is a public sector bank ..

IPPB crosses a milestone of two crore customers

India Post Payments Bank (IPPB) has recently achieved the milestone of two crore customers. IPPB was launched by the Indian Prime Minister on September 1, 2018, with the main objective of financial inclusion. In September 2019, the ..

RBI unveils National Strategy for Financial Inclusion 2019-24

The Reserve Bank of India (RBI) has recently unveiled a National Strategy for Financial Inclusion 2019-24. It aims at providing formal and affordable financial services and to promote financial literacy among customers. Reserve Bank of India under the aegis ..

MoU signed to organize “National Organic Festival of Women Entrepreneurs”

A Memorandum of Understanding(MoU) was signed between the Ministry of Women and Child Development (MoWCD) and the Ministry of Food Processing Industries (MoFPI) to organize the “National Organic Festival of Women Entrepreneurs”. The event will ..

Migrants can change address by giving self-declaration

The government has allowed migrants to change address on Aadhaar by giving self declaration. It will help them open bank account and promote financial inclusion. The changes were made by amending the Prevention of Money-laundering ..