New Delhi, Jan 25 (IANS) Praising Operation Sindoor in her address to the nation on the eve of Republic Day, President Droupadi Murmu said on Sunday that the ideals of justice, liberty, equality, and fraternity enshrined in our Constitution define our Republic. Describing the Constitution as the foundational document of the largest republic in world history, the President said, “Since 26th January, 1950, we have been propelling our Republic towards our constitutional ideals.”The President al…
Latest Pradhan Mantri Jan Dhan Yojana News & Updates
New Delhi, Jan 13 (IANS) India is working to expand the global reach of its homegrown digital payment system, Unified Payments Interface (UPI), to more countries, with a special focus on East Asia, Financial Services Secretary M Nagaraju said on Tuesday.Speaking at the Global Inclusive Finance India Summit here, Nagaraju said UPI has played a key role in driving India’s digital payments growth and now accounts for nearly 50 per cent of all digital transactions in the country.He added that the …
New Delhi, Jan 10 (IANS) The strategic interventions by the Department of Financial Services (DFS) has improved the financial health and robustness of banking sector significantly, with gross NPA ratio of scheduled commercial banks (SCBs) declining to 2.22 per cent and that of scheduled commercial banks (PSBs) declining to 2.58 per cent, an official statement said on Saturday.Furthermore, the Provision coverage ratio (PCR) of SCBs increased from 49.31 per cent in March 2015 to a healthy 93.14 pe…