Cabinet approves Incentive scheme for promotion of low-value BHIM-UPI transactions (P2M)

Cabinet approves Incentive scheme for promotion of low-value BHIM-UPI transactions (P2M)

March 19th, 04:05 pm

The Union Cabinet chaired by PM Modi approved the Incentive Scheme for promotion of low-value BHIM-UPI transactions (P2M) for the financial year 2024-25. Scheme will be implemented at an estimated outlay of Rs.1,500 crore. It supports the Government's vision of a less-cash economy and citizens will benefit from seamless payment facilities with no additional charges.

PM Modi applauds Reserve Bank of India for Winning Digital Transformation Award 2025

PM Modi applauds Reserve Bank of India for Winning Digital Transformation Award 2025

March 16th, 02:00 pm

The Prime Minister, Shri Narendra Modi applauded Reserve Bank of India (RBI) for Winning Digital Transformation Award 2025. RBI has been honored with the Digital Transformation Award 2025 by Central Banking, London, UK, recognizing its innovative digital initiatives—Pravaah and Sarthi—developed by its in-house developer team.

List of Outcomes : Visit of Prime Minister to Mauritius

List of Outcomes : Visit of Prime Minister to Mauritius

March 12th, 01:56 pm

PM Modi’s visit to Mauritius marked a new milestone in bilateral ties with key agreements on trade in local currency, MSME growth and defence cooperation. PM Modi inaugurated the Atal Bihari Vajpayee Institute of Public Service, a health center and 20 community projects. India pledged support for a new Parliament building and maritime security.

For India, Co-operatives are the basis of culture, a way of life: PM Modi

November 25th, 03:30 pm

PM Modi inaugurated the ICA Global Cooperative Conference 2024. Emphasising the centuries-old culture, Prime Minister Modi said, “For the world, cooperatives are a model but for India it is the basis of culture, a way of life.”

PM Modi inaugurates ICA Global Cooperative Conference 2024

November 25th, 03:00 pm

PM Modi inaugurated the ICA Global Cooperative Conference 2024. Emphasising the centuries-old culture, Prime Minister Modi said, “For the world, cooperatives are a model but for India it is the basis of culture, a way of life.”

India's Fintech ecosystem will enhance the Ease of Living of the entire world: PM Modi at the Global FinTech Fest, Mumbai

August 30th, 12:00 pm

PM Modi at the Global FinTech Fest highlighted India's fintech revolution, showcasing its impact on financial inclusion, rapid adoption, and global innovation. From empowering women through Jan Dhan Yojana and PM SVANidhi to transforming banking access across urban and rural areas, fintech is reshaping India's economy and quality of life.

PM Modi addresses Global Fintech Fest (GFF) 2024 in Mumbai, Maharashtra

August 30th, 11:15 am

PM Modi at the Global FinTech Fest highlighted India's fintech revolution, showcasing its impact on financial inclusion, rapid adoption, and global innovation. From empowering women through Jan Dhan Yojana and PM SVANidhi to transforming banking access across urban and rural areas, fintech is reshaping India's economy and quality of life.

The development model of the NDA government has been to give priority to the deprived: PM Modi

July 13th, 06:00 pm

Prime Minister Narendra Modi laid the foundation stone and dedicated to the nation multiple projects related to the road, railways and ports sector worth more than Rs Rs 29,400 crores in Mumbai, Maharashtra. Addressing the gathering, the Prime Minister expressed happiness for getting the opportunity to lay the foundation stones and dedicate multiple projects worth more than Rs 29,400 crores to improve road and rail connectivity between Mumbai and nearby regions.

PM lays foundation stone and dedicates to nation multiple projects worth more than Rs 29,400 crores in Mumbai, Maharashtra

July 13th, 05:30 pm

Prime Minister Narendra Modi laid the foundation stone and dedicated to the nation multiple projects related to the road, railways and ports sector worth more than Rs Rs 29,400 crores in Mumbai, Maharashtra. Addressing the gathering, the Prime Minister expressed happiness for getting the opportunity to lay the foundation stones and dedicate multiple projects worth more than Rs 29,400 crores to improve road and rail connectivity between Mumbai and nearby regions.

Government has worked on the strategy of recognition, resolution, and recapitalization: PM Modi

April 01st, 11:30 am

PM Modi addressed the opening ceremony of RBI@90, a program marking 90 years of the Reserve Bank of India, in Mumbai, Maharashtra. The next decade is extremely important for the resolutions of a Viksit Bharat”, PM Modi said, highlighting the RBI’s priority towards fast-paced growth and focus on trust and stability. Speaking on the comprehensive nature of reforms, the Prime Minister stated that the government worked on the strategy of recognition, resolution and recapitalization.

PM addresses RBI@90 opening ceremony

April 01st, 11:00 am

PM Modi addressed the opening ceremony of RBI@90, a program marking 90 years of the Reserve Bank of India, in Mumbai, Maharashtra. The next decade is extremely important for the resolutions of a Viksit Bharat”, PM Modi said, highlighting the RBI’s priority towards fast-paced growth and focus on trust and stability. Speaking on the comprehensive nature of reforms, the Prime Minister stated that the government worked on the strategy of recognition, resolution and recapitalization.

PM congratulates Shaktikanta Das for being rated “A+” in the Global Finance Central Banker Report Cards 2023

September 01st, 10:53 pm

The Prime Minister, Shri Narendra Modi has congratulated RBI Governor Shri Shaktikanta Das for being rated “A+” in the Global Finance Central Banker Report Cards 2023. Shri Das has been placed at the top of the list of three central bank governors who have been rated A+.

PM welcomes RBI instructions for strengthening of 1,514 Urban Co-operative Banks

June 10th, 04:03 pm

Welcoming the RBI instructions for strengthening of 1,514 Urban Co-operative Banks, the Prime Minister, Shri Narendra Modi tweeted

PM congratulates the RBI Governor, Shri Shaktikanta Das for ‘Governor of the year’ award in the Central Banking Awards 2023

March 17th, 07:00 am

The Prime Minister, Shri Narendra Modi has congratulated the RBI Governor, Shri Shaktikanta Das for being conferred with the ‘Governor of the year’ award in the Central Banking Awards 2023.

Prime Ministers of India and Singapore witness launch of UPI-PayNow digital payments systems

February 21st, 11:00 am

PM Modi and PM Loong of Singapore participated in virtual launch of real time payment linkage between UPI of India and PayNow of Singapore. Singapore is the first country with which cross border Person to Person (P2P) payment facility has been launched. This will help Indian diaspora in Singapore, especially migrant workers/students and bring the benefits of digitalisation and FinTech to the common man through instantaneous and low-cost transfer of money from Singapore to India and vice-versa.

Cabinet approves incentive scheme for promotion of RuPay Debit Cards and low-value BHIM UPI transactions

January 11th, 03:30 pm

The Union Cabinet, chaired by the Hon’ble Prime Minister Shri Narendra Modi, has approved the incentive scheme for promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (person-to-merchant) for a period of one year from April 2022.

Today's new India emphasizes on solving problems rather than avoiding them: PM Modi

December 12th, 10:43 am

Prime Minister Narendra Modi addressed a function on “Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs. 5 Lakh” in New Delhi. He said, Banks play a major role in the prosperity of the country. And for the prosperity of the banks, it is equally important for the depositors' money to be safe. If we want to save the bank, then depositors have to be protected.

PM addresses depositors in a bank deposit insurance programme in Delhi

December 12th, 10:27 am

Prime Minister Narendra Modi addressed a function on “Depositors First: Guaranteed Time bound Deposit Insurance Payment up to Rs. 5 Lakh” in New Delhi. He said, Banks play a major role in the prosperity of the country. And for the prosperity of the banks, it is equally important for the depositors' money to be safe. If we want to save the bank, then depositors have to be protected.

Banking sector is in a very strong position today because of the reforms in the last 6-7 years: PM

November 18th, 12:31 pm

PM Narendra Modi addressed the concluding session of the conference on ‘Creating Synergies for Seamless Credit Flow and Economic Growth.' In his remarks, the PM said, “Indian banks are strong enough to play a major role in imparting fresh energy to the country's economy, for giving a big push and making India self-reliant. I consider this phase as a major milestone in the banking sector of India.”

PM addresses the conference on ‘Creating Synergies for Seamless Credit Flow and Economic Growth’

November 18th, 12:30 pm

PM Narendra Modi addressed the concluding session of the conference on ‘Creating Synergies for Seamless Credit Flow and Economic Growth.' In his remarks, the PM said, “Indian banks are strong enough to play a major role in imparting fresh energy to the country's economy, for giving a big push and making India self-reliant. I consider this phase as a major milestone in the banking sector of India.”