The Department of Financial Services (DFS), Ministry of Finance, plays a critical role in driving the promotion of digital payments in the country. Efforts to accelerate the adoption of fast payment system like the Unified Payments Interface (UPI) has revolutionised the way financial transactions are conducted, enabling real-time, secure, and …
Read More »India Post Payments Bank celebrates 7th Foundation Day: Reinforcing commitment to financial inclusion
India Post Payments Bank (IPPB), a key player in driving financial inclusion across the country, proudly marks its 7th Foundation Day (IPPB Day) today. Since its nation-wide roll-out in 2018 by Prime Minister Shri Narendra Modi, the IPPB has been at the forefront of transforming India’s financial landscape by providing accessible, …
Read More »Pradhan Mantri Jan Dhan Yojana (PMJDY) — National Mission for Financial Inclusion — completes a decade of successful implementation
The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched by Prime Minister Shri Narendra Modi on 28th August 2014, completes a decade of successful implementation today. PMJDY being the largest financial inclusion initiative in the world, the Ministry of Finance continuously endeavours to provide support to the marginalised and economically backward sections …
Read More »