China begins pilot program to bolster retirement planning
The banks will offer three types of deposit products for retirement planning with maturities of five, 10, 15 and 20 years.
The banks will offer three types of deposit products for retirement planning with maturities of five, 10, 15 and 20 years.
Sources in the state public distribution department told IANS that of more than 14,000 ration shops in the state, around 800 shops with facilities would offer the service.
Union Finance Minister Nirmala Sitharaman on Sunday said many districts in the country lack banking presence despite high level of economic activity.
"JAM trinity is a game changer for a country like India, it was futuristic and touched upon the philosophy of Sab Ka Saath, Sab Ka Vikas, Sab Ka Vishwas. The objective was to reach the last man in the line, the remotest corners and people in untouched areas and away from the mainstream, without discrimination,"
The top gainers on the Sensex so far were ITC, Asian Paints and Bharti Airtel, while the major losers were Axis Bank, Kotak Mahindra Bank and Sun Pharmaceutical Industries
If we want to have financial inclusion in real sense Banking has to be treated as a basic infrastructure like health, primary education, roads, electricity and drinking water.
It opened at 52,432.88, and has touched an intra-day high of 52,465.03 and a low of 52,307.99 points
NSE Nifty climbed over 167 points to reclaim the key 14,500-level during the day but surrendered all its gains to the end.
Fifty-two years after the nationalisation of banks, the contentious issue is privatisation of two banks, as proposed in the Budget 21-22, that was presented in the Lok Sabha on February 1 by finance minister Nirmala Sitharaman.
Banking industry is unique, as employees can reach the top with hard work and perseverance, irrespective of their entry - level designation.
