DFS

Today's launches by SIDBI are tailored to address the real needs of the MSMEs. The real needs such as easier credit, better machines, modern technology, rural enterprise support and also stronger market linkages. So, with all these kept in mind, SIDBI has come about with some specific tailormade approaches which can help the beneficiaries or the MSMEs. - Smt @nsitharaman in Mumbai

Key Initiatives formally launched by Smt. @nsitharaman to strengthen India’s MSME ecosystem - - SIDBI-RRB Co-Lending Platform will enhance MSME credit penetration in semi-urban and rural areas. It will enable MSME funding through a digital joint lending model, combining SIDBI’s MSME expertise and digital capabilities with the grassroots reach of RRBs for seamless credit delivery. - Modernization of Rural Enterprises (MoRE) Programme is a cluster-based intervention that provides credit and credit-plus support to modernize processing, improve quality standards, and enhance market access for rural enterprises engaged in non-farming activities. It will support rural enterprises such as jaggery units, oil expellers, pottery units, flour mills, and brass artisans. - Micro Credit Card Scheme for Micro Enterprises: Udyam-registered micro enterprises can access revolving credit of up to ₹5 lakh, backed by 75% guarantee coverage and without mandatory primary security. This will help shopkeepers, small manufacturers, and micro entrepreneurs who need timely working capital. - SIDBI MSME Exchange – Machinery Portal is a digital public-oriented platform designed to accelerate MSME growth by integrating machinery discovery with institutional financing within a unified, technology-driven ecosystem. The platform integrates OEM access with SIDBI’s financing support to accelerate MSME capital investment.

Smt @nsitharaman attended the SIDBI Foundation Day Programme in Mumbai, Maharashtra. Shri Sanjay Lohia, Special Secretary, @DFS_India, and Shri Manoj Mittal, Chairman & Managing Director, SIDBI (@sidbiofficial), were also present. During the event, several key initiatives were launched, including: - SIDBI-RRB Co-Lending Platform - Modernization of Rural Enterprises (MoRE) - SIDBI MSME Exchange (Machinery Portal) - Micro Credit Card Scheme for Micro Enterprises

Watch LIVE: Smt @nsitharaman's address at the SIDBI Foundation Day Programme in Mumbai, Maharashtra twitter.com/i/broadcasts/1…

Programme details of Smt @nsitharaman's visit to Mumbai, Maharashtra on 25th May, 2026.

Union Minister of Finance and Corporate Affairs @nsitharaman will be present as the Chief Guest ar @sidbiofficial Foundation Day programme in Mumbai today 📡 LIVE | To begin shortly 🎥youtube.com/live/A02FbIyN-…

Through AIC’s Krishi Sakhi initiative, women across rural India are emerging as changemakers in their communities—spreading awareness, supporting fellow farmers, and strengthening financial inclusion at the grassroots level. These success stories stand as a testament to how empowered women can transform not only agriculture, but entire communities. AIC remains committed to nurturing leadership, resilience, and opportunities for every woman farmer. “जब महिला किसान सशक्त बनती है, तब पूरा ग्रामीण भारत मजबूत बनता है।” @DFS_India #AIC #KrishiSakhi #WomenFarmers #WomenEmpowerment #RuralDevelopment #SuccessStory #FarmersFirst

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No delays, no waiting—just seamless banking! With IMPS, transfer funds instantly and securely, 24/7. Because your money should move as fast as you do!     #IMPS #InstantBanking #SecureTransfers #DigitalIndia

We are delighted to share that SBI has been honoured with two prestigious recognitions at the APY Annual Felicitation Programme 2026, organised by the Pension Fund Regulatory and Development Authority (PFRDA), in the esteemed presence of Shri M. Nagaraju, Secretary, DFS, Shri S. Ramann, Chairperson, PFRDA and other senior dignitaries: 🏆 Exceptional Achievement of crossing the historic milestone of 2 crore APY enrolments 🏆 APY Annual Award of Ultimate Achiever for FY 2025–26 SBI DMD (Operations - Channel Management), Ms. Sukhvinder Kaur, received the awards on behalf of the Bank. We extend our sincere thanks to all our esteemed customers, dedicated employees and other valued stakeholders for their continued trust and unwavering support. Here’s to strengthening social security by empowering millions and building a more financially secure tomorrow. #SBI #APYFelicitation2026 #AtalPensionYojana #SocialSecurity #FinancialEmpowerment #PFRDA #BankingWithTrust

PERFORMANCE UPDATE for the Year ended March 31st, 2026 (FY 2026) #LIC #Performance #FY2026 #HarPalAapkeSaath

(1/3) A state‑level awareness conference on ECLGS 5.0 was held at Yashwantrao Chavan Centre, Mumbai, convened by Bank of Maharashtra with guidance from DFS, NCGTC, Jan Samarth Portal and PSB Alliance. @DFS_India @FinMinIndia @JanSamarth @LtdPsb @minmsme @NCGTCOfficial #ECGLS

Secretary DFS Shri M Nagaraju, IAS presented APY Annual Award of Excellence Achiever for outstanding performance under Atal Pension Yojana to Punjab & Sind Bank at glittering function held today at Delhi & organized by PFRDA. Shri Swarup Kumar Saha, MD & CEO Punjab & Sind Bank received the award in the presence of General Manager FI Shri Ashni Kumar. 🏆 A recognition of our continued commitment towards financial inclusion and securing a better tomorrow for every citizen. #PunjabAndSindBank #WhereServiceIsWayOfLife #AtalPensionYojana #FinancialInclusion #PensionScheme #BankingExcellence #SocialSecurity #PSBIndia

Shri M. Nagaraju, Secretary, @DFS_India , Ministry of Finance, Government of India, delivered the Keynote Address at the Atal Pension Yojana Annual Felicitation Programme 2026 being held today in New Delhi. During his address, he appreciated the collective efforts of banks and PFRDA in strengthening the implementation and outreach of Atal Pension Yojana across the country. As part of the programme, Shri M. Nagaraju also launched the APY video, highlighting the journey, impact, and continued progress of Atal Pension Yojana in advancing pension inclusion and financial security for citizens across India. @nsitharaman @nsitharamanoffc @FinMinIndia @PIB_India @DDNewslive @mygovindia #PFRDA #APY #AtalPensionYojana #FinancialInclusion #PensionForAll #FinancialSecurity

Department of Financial Services (DFS) organized a half day workshop on Insolvency and Bankruptcy Code (Amendment) Act, 2026 chaired by Secretary DFS with the objective to deliberate on impact of recent IBC amendments. The workshop was attended by officials from MCA, IBBI, PSBs, NARCL, IDRCL, ASREC etc. Key highlights: • Deliberations on the impact of recent IBC amendments on the banking sector. • Interactive sessions led by MCA and IBBI covering recent amendments. • Discussion on Role of IBC in strengthening Credit discipline and Asset value maximization. • Emphasis on coordination amongst all stakeholders for strengthening of IBC ecosystem and balancing their interest. • Discussion on new initiatives under IBC such as group insolvency, cross- border insolvency and creditor-initiated insolvency resolution process. • Goal setting for aligning IBC with best global practices and addressing persistent challenges on delays, prolonged litigations, capacity building etc

@nsitharaman @FinMinIndia Respected Ma’am, The issue has been taken up with the concerned vertical in the HDFC Bank for swift action and appropriate resolution of the grievance.

@DFS_India @FinMinIndia

Secretary, Department of Financial Services, Ministry of Finance launched the USD 1.5 billion Bharat Maritime Insurance Pool (BMIP), backed by a sovereign guarantee of USD 1.4 billion (₹12,980 crore) today, to ensure uninterrupted maritime insurance coverage. The pool is covering key risks—Hull & Machinery, Cargo, Protection & Indemnity (P&I), and War risk—for Indian-flagged or controlled vessels, as well as ships bound to or from India, especially in light of current Middle East tensions. Three policies were issued today from the Pool, which has been operationalised in a record time. A Governing Body has been set up to oversee the Bharat Maritime Insurance Pool, including decisions on invoking the sovereign guarantee. An Underwriting Committee will ensure sound and consistent risk management. GIC Re, as the pool administrator, will handle reporting, reinsurance details and performance statements. Domestic insurers in the Pool will issue policies, reinsured proportionally by all pool members. pib.gov.in/PressReleasePa… @FinMinIndia @nsitharamanoffc @GIC_Re @shipmin_india

Public Sector Banks (PSBs) recorded an all-time high net profit of ₹1.98 lakh crore in FY 2025–26, marking the fourth straight year of profitability. PSBs registered lowest ever NPAs - Asset quality improved significantly, with the Gross NPA ratio declining to 1.93% and the Net NPA ratio dropping to 0.39% as of 31 March 2026 — the lowest levels recorded historically. PSBs’ total business reached ₹283.3 lakh crore in FY 2025–26, registering robust y-o-y growth of 12.8% . Gross advances of PSBs grew by 15.7% y-o-y to ₹127 lakh crore as on 31.03.2026, with strong growth across Retail, Agriculture and MSME segments. Continued reforms and strengthened governance practices have reinforced PSBs through healthier balance sheets, enhanced operational resilience, and strong capital adequacy. Read more here: pib.gov.in/PressReleasePa…

Canara Bank announces financial results for Q4, FY 2025-26! Here are the key highlights. #CanaraBank #TogetherWeCan #FinancialResults

#CharchaMe | Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Atal Pension Yojana (APY) complete 11 years of strengthening social security coverage across the country. Debashish Prusty, Additional Secretary (Insurance), Department of Financial Services, Ministry of Finance, explains how these flagship schemes have expanded financial protection and social security benefits for citizens. Watch Full Program: youtu.be/-Pm_lOA0eJ8?si… #PMSBY #PMJJBY #AtalPensionYojana #APY #SocialSecurity #FinancialInclusion @FinMinIndia