RBI takes ‘outreach programme’ to south Kashmir village

GK NEWS NETWORK

Srinagar, Sep 22: As part of its financial inclusion and awareness drive, the Reserve Bank of India (RBI), Jammu office today organized an outreach programme at village Tailwani, Islamabad (Anantnag).  The programme was presided over by K K Saraf, Regional Director, RBI, Jammu and among others attended by DDC, Islamabad (Anantnag), Kifayat Hussain Rizvi, Banking Ombudsman, New Delhi and J&K M Rajeshwar Rao and others.
 Saraf said during the Platinum Jubilee Year (2009-10) of establishment of RBI, it was decided to reach out to the remotest villages of the country for extending banking services so that the common man is linked to the banks without actually visiting a bank branch through Information and Communication Technology (ICT) initiatives.
 Saraf said that Tailwani village was one of the villages chosen by RBI for outreach activities in J&K for 100 per cent Financial Inclusion during 2010-11 by using ICT for issuance of smart cards through the Business Correspondent (BC) model.
 The main aim was to achieve the objective of financial inclusion and providing doorstep banking services to the rural poor, small and marginal farmers, people of small means, women, etc.
 He also explained to the gathering that the biometric smart cards have inbuilt security features and are therefore very safe for conducting transactions. The card holders would also get receipt for each transaction.

Lastupdate on : Thu, 22 Sep 2011 21:30:00 Makkah time
Lastupdate on : Thu, 22 Sep 2011 18:30:00 GMT
Lastupdate on : Fri, 23 Sep 2011 00:00:00 IST




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