View: Covid has ripped India's safety net. Here's how to stitch it anew

India is now considering setting up a fund worth at least Rs 1 lakh crore to support the uninsured, media reports said last week. Helping the population through a third wave is the obvious priority. But now is the time for policy makers to get serious about a minimum — and rising — standard of care for everyone.

from Banking/Finance-Industry-Economic Times https://ift.tt/33sblQA

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Fintechs pick up MDR tab, enjoy merchant’s float

Industry sources said BharatPe and Paytm are among the companies offering this form of settlement. Emails sent to the two companies did not elicit responses till the time of going to press.

from Banking & Finance – The Financial Express https://ift.tt/3bdWAFn

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Fincare SFB files DRHP for IPO of up to ₹1,330 cr

Fincare Small Finance Bank will be making an initial public offer (IPO) aggregating up to ₹1,330 crore, comprising fresh issue aggregating up to ₹330

from Business Line - Money & Banking https://ift.tt/3eyFBzq

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Now, another tool for SBI to resolve stress

Bank pursuing board approval for policy framework on pre-packs, says MD

from Business Line - Money & Banking https://ift.tt/3haDBiD

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Total balance in Jan Dhan accounts goes down by ₹2,787 crore in April

Rural spread of Covid, loss of earnings driving withdrawals

from Business Line - Money & Banking https://ift.tt/3f3qFsd

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