Day: October 17, 2017

North East Small Finance Bank Limited commences operations

North East Small Finance Bank Limited has commenced operations as a small finance bank with effect from October 17, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. RGVN (North East) Microfinance Limited, Guwahati was one of the ten applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press release on September 16, 2015. The Reserve Bank of India (RBI) has today decided to grant “in-principle” approval to the...

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Ministry WCD launches campaign on ‘women for women’: #IamThatWoman

In an attempt to end Gender bias in women against women, the Ministry of Women and Child Development is undertaking an online campaign #IamThatWoman. Through the campaign, the Ministry seeks to highlight the various aspects of women standing ‘by’ and ‘for’ women. Ministry of WCD has urged people to shun stereotypes associated with women harming other women. Twitter and Facebook users have been encouraged to tag and share stories of women helping women with a photograph and post online with the hashtag #IamThatWoman. Minister for Women and Child Development, Smt. Maneka Sanjay Gandhi said, “When a woman has the support...

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