RBI reaches out to rural Kashmir

GK NEWS NETWORK

Srinagar, Nov 27: As part of its financial inclusion and awareness drive the Reserve Bank of India (RBI), Jammu organized an outreach programme at village Bashat, Udhampur today. The programme was presided over by Deepak Mohanty, Executive Director, RBI.
 Arnab Roy, Regional Director, RBI J&K said during the last 75 years the RBI had played an important role in strengthening the economy of the country.
 He said during the Platinum Jubilee Year (2009-10) of RBI it was decided to reach out to the remotest villages of the country for extending banking services there so that the common man was linked to the banks without actually visiting a bank branch through Information and Communication Technology (ICT) initiatives and intervention, using the Business Correspondent (BC) model.
 Speaking on the occasion, Deepak Mohanty, Executive Director, RBI, said the RBI’s outreach programmes which started during its Platinum Jubilee Year were being continued with a view to deepening the penetration of financial inclusion and expanding the coverage of financial services to all sections and all regions of the country in a meaningful way, particularly to those at the bottom of the economic pyramid, and thus achieving the objective of inclusive growth.
 On the occasion Mohanty and other dignitaries of the RBI distributed smart cards issued by J&K Bank Ltd.

Lastupdate on : Sat, 27 Nov 2010 21:30:00 Makkah time
Lastupdate on : Sat, 27 Nov 2010 18:30:00 GMT
Lastupdate on : Sun, 28 Nov 2010 00:00:00 IST




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