BLSE.NSE News
BLS E-Services Supports RBI’s Strategic BC Reforms to Transform Grassroots Banking
New Delhi [India], April 13: The Reserve Bank of India (RBI) has unveiled a refreshed Business Correspondent (BC) framework designed to strengthen last-mile delivery of financial services, improve oversight, and create more sustainable compensation structures for BC agents. This move is widely seen as a significant step forward in deepening financial inclusion, especially across rural and underserved regions of the country.
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BLS E-Services Supports RBI’s Strategic BC Reforms to Transform Grassroots Banking
New Delhi [India], April 13: The Reserve Bank of India (RBI) has unveiled a refreshed Business Correspondent (BC) framework designed to strengthen last-mile delivery of financial services, improve oversight, and create more sustainable compensation structures for BC agents. This move is widely seen as a significant step forward in deepening financial inclusion, especially across rural and underserved regions of the country.
cityfalcon.com
Budget ensures policy continuity while boosting manufacturing, say experts
The Union Budget 2026–27 ensures policy continuity while boosting manufacturing, sunrise sectors and MSMEs to support growth and employment, opined experts on Sunday. Finance Minister Nirmala Sitharaman announced a slew of measures to boost manufacturing, a tax holiday for global data centres, and incentives for the agriculture and tourism sectors as she unveiled a Rs 53.5-lakh crore Budget seen as a long-term blueprint for sustaining growth amid rising global risks. Sticking to fiscal discipline and shunning populist measures despite five key states, including West Bengal and Tamil Nadu, heading to polls soon, her Budget for the fiscal year beginning April, however, rattled stock markets, with a higher transaction tax on derivatives trading weighing on sentiment. ''The Union Budget 2026-27 maintains policy continuity, tax predictability, while attempting a fine balancing act between rural and urban, legacy and sunrise sectors. ''Structurally, the budget has continued its focus on emerging sectors with notable scaling up in manufacturing, coupled with focus on semiconductors, data centre, AI and infrastructure,'' said Challa Sreenivasulu Setty, Chairman, SBI, and Chairman, IBA.
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Financial inclusion deepening, but infrastructure and literacy still hurdles: BLS E-Services Chairman
India’s business correspondent model to turn hybrid, tech-led by FY27, says Shikhar Aggarwal, Chairman of BLS E-Services.
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Piramal Finance partners with BLS E-Services to boost credit access in rural, semi-urban India
Non-Banking Financial Company (NBFC) Piramal Finance has partnered with BLS E-Services, a digital service provider, to enhance access to formal credit for individuals and MSMEs across rural and semi-urban India.
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Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 21 May 2025
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — Honasa Consumer, eClerx Services, Thomas Cook (India), D P Wires, and BLS E-Services.
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India's business correspondence sector to cross Rs 147 billion by FY2025: Report
New Delhi [India], April 6 (ANI): India's Business Correspondent (BC) sector will cross Rs 147 billion by financial year 2025 (FY25), charting an impressive 19 per cent compound annual growth rate (CAGR), said a report by BLS E-Services. As per the report by digital service provider, growth is being driven by the expansion of the Pradhan Mantri Jan Dhan Yojana (PMJDY), deeper penetration of Basic Savings Bank Dep
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