Nabard seeks Rs 5,000 cr from Centre

........ The thrust of the financial inclusion programme is on electronic platform-based transactions. Nabard has begun work on establishing core banking solutions at more than 400 state and district central cooperative banks. It has roped in WIPRO and Tata Consultancy Services for rolling out CBS at its branches. The next phase would involve bringing about 53,000 primary agriculture credit societies on to this platform. Bakshi said this may help these to function as business correspondents in the future.

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