CAMS brings you a weekly glimpse into the key news in the BFSI sector, both in India and abroad. Regulatory updates or important news, here are some which might have had an impact on the sector…
In order to increase the share percentage of banking people in India and make best use of government backed initiative financial inclusion, Banks have increased its hiring in the small town and villages.
To increase the reach of government’s flagship health insurance scheme , Ministry of health is preparing to roll out expanded version of Rashtriya Swashtya Bima Yojna to cover more than 10 crore families or 50 crore people .
The government is in discussions with the Reserve Bank of India (RBI) to allow more free ATM transactions for certain types of accounts as part of its drive to deepen financial inclusion through the spread of cash-vending machines.
Finance Ministry to organise India Investment Summit on February 4-5 In order to attract investments in infrastructure sector, the Finance Ministry will organise a two-day India Investment Summit from February 4, which would see the participation of various global investors
Top stock exchange BSE has sought approval from capital markets regulator SEBI to launch Initial Public Offer, saying it is in compliance with all the regulatory requirements for the listing. BSE has been seeking to get listed for a long time and it had earlier filed an application with Sebi in this regard in 2013.
Financial inclusion and services company, FinoPaytech plans to grow its verification business. The company has plans with an ecommerce player to use Aadhaar numbers to verify customers in negative pin codes. Read more.. .
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