United Bank for Africa Plc is overhauling its agency banking and merchant network with a new sales and incentive structure. read more UBA revamps agency network to boost financial inclusion, incentivise POS partners ....
Secretary, DFS Chairs Meeting to Prepare Roadmap for Financial Inclusion2.0... The discussions focused on preparation of plan document for furtherance of Financial inclusion covering the following key areas.
He underlined that the importance of financial inclusion is evident from the fact that nearly seven of the seventeen Sustainable Development Goals (SDGs) are directly linked to financial access and empowerment of the masses.
Tailored specifically to the needs of young customers, Parents or legal guardians can open a Minor Account for children aged 13 to 18 with no minimum balance requirement, allowing minors to start saving without financial pressure.
The official highlighted that India’s strong digital public infrastructure, including Aadhaar, UPI, and Account Aggregator, provides a solid foundation for the responsible and scalable adoption of AI ....
Shettima noted that the Aso Accord on Economic and Financial Inclusion, which the PreCEFI is mandated to implement, recognises the fact that “financial inclusion is not achieved by access alone, but by competence, trust and capability”.
Microfinance Market is set for significant expansion, driven by rising demand for digital microfinance solutions, fintech-enabled lending, SME and rural credit, and financial inclusion initiatives.
... promote financial literacy, and ensure inclusive, consumer-centric financial services remain essential to further deepen financial inclusion and support inclusive economic growth in Nepal.
RRBs are also playing a vital role in advancing financial inclusion, having opened over 45.68 lakh new Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts during the current financial year.