Brief by Shorts91NewsDesk / 05:21pm on 17 Feb 2025,Monday Business
SBI has launched the ‘Jan Nivesh SIP’ scheme to enhance financial inclusion, offering micro-SIPs starting at ₹250 without commission fees. The initiative aims to make financial services accessible to underserved communities, promoting saving and investing. SEBI Chairperson Madhabi Puri Buch praised the scheme as a historic step in empowering small investors and fostering economic growth. SBI Chairman C.S. Setty emphasized the bank’s commitment to financial inclusion, highlighting the success of initiatives like the Pradhan Mantri Jan Dhan Yojana and expanding insurance coverage.
