Finance Desk – The Finance Ministry of India is urging private banks to focus more on serving marginalized section. Financial Services Secretary Vivek Joshi led a review meeting on Tuesday with senior executives from private banks to discuss financial inclusion schemes.
At the meeting, they examined how financial inclusion initiatives are performing. Including the Pradhan Mantri SVANidhi, Pradhan Mantri Vishwakarma, and Jan Samarth Portal, among others like Pradhan Mantri Jan Dhan Yojana (PMJDY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), and Pradhan Mantri Mudra Yojana (PMMY).
Joshi emphasized the strides made in providing social security and broadening financial inclusion through these government schemes.
Additionally, the meeting featured a detailed presentation on the Jan Samarth portal, a one-stop platform that consolidates information on various credit-linked government schemes.
Joshi recommended that banks organize financial literacy camps to raise awareness about the available financial inclusion schemes.
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