Opinions Archives - Page 12 of 15

07 Mar

NSE and Divyaj Foundation sign MOU to enhance Financial Literacy and Investor Awareness

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Protecting the interest of investors, especially women, in the securities market is of paramount importance to NSE Chandigarh: In order to enhance financial literacy and investor awareness in the securities market, National Stock Exchange of India (NSE) and Divyaj Foundation have signed a Memorandum of Understanding (MoU) in the presence of its founder Smt. Amruta Devendra Fadnavis and Shri Bhushan Gagrani, Hon’ble Municipal Commissioner, Brihanmumbai Municipal Corporation. Bollywood actor Sharvari Wagh also joined the program. This is indeed a significant step to formalize a partnership that embodies the spirit of financial literacy, investor awareness, investor empowerment and inclusivity. The signing…

06 Mar

HDFC Bank, Indian Army & CSC Academy expand Project NAMAN to 26 new locations

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Project for support Army Veterans and their families CHANDIGARH/LUDHIANA: HDFC Bank, India’s leading private sector Bank, India Army and CSC e-Governance have renewed the MoU to expand Project NAMAN – A Tribute to Veterans to 26 Directorate of Indian Army Veterans (DIAV) locations. Project NAMAN is designed to provide support and services to Army Veterans, their families and next of kins. These CSC Centres, which will be operated by Army Veterans or their families or next of kins are dedicated to offer pension related services, Government to Citizen (G2C) services and Business to Consumer (B2C) services at their doorsteps within…

06 Mar

Axis AMC appoints Nandik Mallik as Head – Equity & Hybrid for its proposed SIFs

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Chandigarh: Axis Asset Management Company is pleased to announce the proposed appointment of Nandik Mallik as Head - Equity & Hybrid for its proposed SIFs. Nandik is a seasoned financial services professional with over two decades of experience, most of it in the asset management space. Axis Mutual Fund recognizes the significant potential in the newly notified product category i.e. Specialised Investment Funds (SIFs) space, and Nandik will spearhead Axis AMC’s efforts in this emerging category. With an extensive background in managing large AUMs across risk-adjusted funds, he brings valuable expertise to the team. Nandik’s career includes successfully launching the…

06 Mar

Bank of Baroda Pilots Industry-First “Merchant Loyalty/ Cashback Programme”

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Merchant Use Case through Programmable CBDC Chandigarh: Bank of Baroda (Bank), one of India’s leading public sector banks, under the guidance of Reserve Bank of India, today announced the pilot launch of a new functionality for merchants built on the “Programmability” functionality of Central Bank Digital Currency (CBDC) – the “Merchant Loyalty/ Cashback Programme” in collaboration with a fintech company. This industry-first initiative enables small and medium merchants to independently design and launch loyalty/cashback programmes for their customers, usually designed by large brands, using Bank of Baroda’s “bob Merchant App”. Merchants such as local retail shops, grocery stores, pharmacies etc…

05 Mar

Amazon India Empowers Women Entrepreneurs to Reach Customers Nationwide

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Discover unique and specially curated products by small and medium business run by women entrepreneurs from different parts of India Chandigarh: On the occasion of International Women’s Day, Amazon India has unveiled a dedicated storefront on its marketplace, which will showcase a wide range of more than 2 Lakh+ products from women entrepreneurs. These products from different categories like healthy snacks, home-décor, sarees, skin-care, kitchen organizers, fashion, sportswear and many more will be available for customers across 100% serviceable pin codes of India. Gaurav Bhatnagar, Director, Sales, Amazon India said, "International Women's Day gives us a chance to recognize the…

04 Mar

Axis Bank unveils ‘One Axis CSR Vision’ at Abhisaran 2025

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pledges to empower 2 million more households Chandigarh: Axis Bank, one of the largest private sector banks of India, hosted Abhisaran 2025, a multi-stakeholder engagement for its partner NGOs and the leadership team of Axis Group, to unveil One Axis CSR Vision, a unified approach towards social impact across the Axis ecosystem. The event marked a significant milestone in the Bank’s CSR journey, celebrating the successful completion of its ‘Mission2Million’ initiative and launching the ‘Mission4Million’ initiative towards supporting an additional 2 million vulnerable households by fostering sustainable livelihoods, financial empowerment and skill development. Abhisaran 2025 witnessed participation of senior bank officials and Trustees of…

04 Mar

महिला उधारकर्ताओं में साल-दर-साल 42% की वृद्धि

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ट्रांसयूनियन सिबिल, डब्लूईपी और एमएससी रिपोर्ट महिलाएं सक्रियता के साथ अपने क्रेडिट हेल्थ की निगरानी कर रही हैं पिछले छह वर्षों में व्यावसायिक उद्देश्यों के लिए महिलाओं द्वारा खोले गए खातों की संख्या में 4गुना वृद्धि चंडीगढ़: भारत में ज़्यादातर महिलाएं ऋण लेना चाहती हैं, और ज़्यादातर महिलाएं सक्रिय रूप से अपने क्रेडिट स्कोर और रिपोर्ट की निगरानी भी कर रही हैं। यह महिला और खुदरा ऋण पर वार्षिक रिपोर्ट के कुछ प्रमुख निष्कर्ष हैं। इस रिपोर्ट का शीर्षक है, “From Borrowers to Builders: Women’s Role in India’s Financial Growth Story”। इसे ट्रांसयूनियन सिबिल, नीति आयोग के महिला उद्यमिता प्लेटफ़ॉर्म…

03 Mar

SEBI would be initiating appropriate legal steps to challenge the Order of ACB Court

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Order in respect of allegations pertaining to the listing of a Company Mumbai: A Miscellaneous Application was filed before the ACB Court, Mumbai against the former Chairperson of SEBI, three current Whole Time Members of SEBI and two officials of the BSE. The application sought directions for the Police to register an FIR and investigate into the alleged irregularities in granting listing permission to a Company on the Bombay Stock Exchange in 1994, without complying with the provisions of the SEBI Act, 1992, SEBI (ICDR) Regulations, 2018, and the SEBI (LODR) Regulations, 2015. Even though these officials were not holding…

01 Mar

AMFI Summit 2025: Domestic investors will shape India’s future, not Foreign Institutional Investors

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Union Minister of Commerce & Industry Shri Piyush Goyal emphasises mutual funds industry's role in India's growth at AMFI Summit 2025 Shri Goyal urges industry to safeguard small investors and minimise market volatility Mumbai: The mutual funds industry has played a pivotal role in India’s growth story by encouraging financial literacy and taking innovative financial ideas to the industry and the investors. This was stated by Union Minister of Commerce & Industry Shri Piyush Goyal during his address as a Chief Guest at the Association of Mutual Funds in India (AMFI) Mutual Fund Summit 2025 today in Mumbai. The Minister…

01 Mar

₹2000 banknotes: ₹6,471 crore worth notes still in market, 98.18% back to RBI

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New Delhi: The total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2000 banknotes was announced, has declined to ₹6,471 crore at the close of business on February 28, 2025. Thus, 98.18% of the ₹2000 banknotes in circulation as on May 19, 2023, has since been returned. The ₹2000 banknotes continue to be legal tender. The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation May 19, 2023. The status of withdrawal of ₹2000 banknotes is periodically published by…