Government Committed to Increase Savings Rate in the Country: Secretary, Financial Services; Various Initiatives Announced; New Products for Mobilizing Savings to be Launched Soon; KYC Norms Simplified to Include Poorest of the Poor in the Formal Financial Sector https://www.taxtmi.com/news?id=13510 Government initiatives aim to raise the national savings rate by expanding financial inclusion through the Pradhan Mantri Jan Dhan Yojana, zero balance basic savings accounts, simplified KYC to include the poorest, provision of microinsurance and Rupay debit cards with accidental insurance cover, and imminent launch of two new small saver products to increase choices and safety nets for young customers. en-us Thu, 30 Oct 2014 18:21:55 +0530 Thu, 30 Oct 2014 18:21:55 +0530 TaxTMI RSS Generator Government Committed to Increase Savings Rate in the Country: Secretary, Financial Services; Various Initiatives Announced; New Products for Mobilizing Savings to be Launched Soon; KYC Norms Simplified to Include Poorest of the Poor in the Formal Financial Sector https://www.taxtmi.com/news?id=13510 Government initiatives aim to raise the national savings rate by expanding financial inclusion through the Pradhan Mantri Jan Dhan Yojana, zero balance basic savings accounts, simplified KYC to include the poorest, provision of microinsurance and Rupay debit cards with accidental insurance cover, and imminent launch of two new small saver products to increase choices and safety nets for young customers. News - Thu, 30 Oct 2014 18:21:55 +0530 https://www.taxtmi.com/news?id=13510