Axis Bank, in collaboration with Freecharge, has introduced India’s first gold-backed credit line on the UPI platform. This innovative offering enables MSMEs, merchants, and self-employed individuals to access instant overdraft facilities against gold, with seamless repayments via UPI and a 100% digital journey.
Tag: Financial Inclusion
Axis Bank Launches ‘Pink Capital’ to Spotlight Queer Financial Ecosystem
The Axis Bank, one of the largest private sector banks in India, today announced the launch of ‘Pink Capital: The Spectrum of Queer Money’, a qualitative report that explores the financial lives of India’s LGBTQIA+ community. In terms of financial security and future stability, two extremes emerged as focal points. It was unveiled during Sparsh Week, Axis Bank’s flagship celebration of culture and customers.
Bank of Baroda Installs Water Purifiers at Cutbona Jetty to Support Fishing Community
Bank of Baroda has installed two water purifiers at Cutbona Jetty in South Goa as part of its CSR program, providing safe drinking water to over 150 jetty workers and strengthening its commitment to coastal communities.
GCCI Applauds Historic GST Reforms Aimed at Economic Growth and Social Inclusion
Goa Chamber of Commerce & Industry (GCCI) President Ms. Pratima Dhond welcomes sweeping GST reforms announced at the 56th GST Council Meeting. With simplified slabs, exemptions on insurance and essential items, and measures to support MSMEs, healthcare, and farmers, the reforms are expected to boost GDP, ease compliance, and promote financial inclusion.
India Post Embraces Digital Payments: UPI Now Accepted at Post Office Counters Nationwide from August 2025
Starting August 2025, all post office counters across India will begin accepting UPI payments, making transactions faster, more convenient, and fully digital. This move aligns with the government’s mission to promote digital inclusion in every corner of the country.
