Saturday, March 10, 2012

Kulavaipatty declared as model village for financial inclusion

Reserve Bank of India declared Kulavaipatty near here as a ‘model village for financial inclusion' among the rural pockets selected by it under its outreach activities. A function was organised at the village on Friday when a number of officials from banking industry and district administration felicitated the villagers for their cooperation to the efforts taken by the RBI for the past several months. N.S.Vishwanathan, Regional Director, Reserve Bank of India, Tamil Nadu and Puducherry, said that the RBI had identified a few villages as either ‘unbanked' or ‘under-banked' areas under the ‘Outreach Activities'............

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