List of authorized financial establishments available on website
Bhopal: Wednesday, March 4, 2020, the Institutional Finance Directorate has made available on its website a list of financial establishments authorized to accept deposits. This step has been taken with the objective of making the people of the state aware of unauthorized financial establishments.
Nationalized banks including Reserve Bank of India, Securities and Exchange Board of India (SEBI), National Housing Bank (NHB), private sector banks, state cooperative banks, multi-state cooperative banks, small finance banks, regional rural banks, payment banks , Non-Banking Financial Companies (NBFCs), along with India Post Payment Bank, accept deposits by Insurance Regulatory and Development Agency (IRDA) The list of financial establishments authorized to release has been made available on the website and portal. This information is available on the link 'www.dif.mp.gov.in' Financial Establishments / Financial Establishments Authorized to Accept Deposits Authorized to Accept Deposits'. In addition, the portal 'searchable database of registered entities with financial regulators for common public' developed by the Directorate of Institutional Finance has also been made available to the general public.