New Financial inclusion plan of the Government
By Vaibhav Aggarwal
Aug 1, 2014
Print    Email    RSS   

By the Independence Day in 2018, govt. is planning to open 7.5 crore new bank accounts in the rural and urban areas. The basic motive of the govt. is to expand banking all over the country. It has been reported that 6,00,000 villages in the country will be divided in to smaller parts and assigned to banks, which in turn will provide at least one fixed banking point for every 1,000-1,500 households. Through the financial inclusion plan govt. is trying to make banking accessible to all and to impart financial literacy.

Within 5kms of every household, there should be bank catering to the services of the customers. The new plan is made covering all the shortcomings of the previous plan. The plan also seems to cover all the under privileged households specially those in the rural and semi urban areas.

(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Savings account portability: How...
How to check balance in savings bank account
Carnival of Indian Personal Finance Blogs #1
12 point conduct checklist for bank and...
Carnival of Indian Personal Finance Blogs #4

sir my ATM card is not working
how can i checkbalance canara bank account using...
I want to change my registered mobile number and...
My ac no is 501790977325. Plz check my account...
who to check my saving account balance in online
what is my CIF no. which is not clear on my pass book

HDFC bank adjudged as the Best private bank in India Feb 16, 2015
HDFC reported an increase of 20% in its net profit Feb 16, 2015
ICICI bank launched Flash remit facility Feb 13, 2015
BOM launched new savings deposit scheme for HNI customers Feb 12, 2015
BMB bank to have a total of 80 branches by the March end. Feb 10, 2015
News Archive