.....Mr. Subbarao said Ernakulam enjoyed many firsts. Earlier, it had achieved 100 per cent coverage under family planning and cent per cent literacy. While the average population for setting up a bank branch in the country was 13,000, it was 7,000 in the case of Kerala. In the case of Ernakulam district, the population factor got further reduced to 4,400. The feat of meaningful financial inclusion was achieved under a target-driven programme, he said. The idea is that people must utilise it to save money, to get credit, micro insurance and other products. The State had already been listed as having achieved total banking coverage in September 2011, which indicated the widespread presence of branches or alternative facilities such as services of business correspondents. The district has about 850 branches of 43 banks and about 1,000 ATMs ......
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
Friday, November 23, 2012
It is another first for Ernakulam
.....Mr. Subbarao said Ernakulam enjoyed many firsts. Earlier, it had achieved 100 per cent coverage under family planning and cent per cent literacy. While the average population for setting up a bank branch in the country was 13,000, it was 7,000 in the case of Kerala. In the case of Ernakulam district, the population factor got further reduced to 4,400. The feat of meaningful financial inclusion was achieved under a target-driven programme, he said. The idea is that people must utilise it to save money, to get credit, micro insurance and other products. The State had already been listed as having achieved total banking coverage in September 2011, which indicated the widespread presence of branches or alternative facilities such as services of business correspondents. The district has about 850 branches of 43 banks and about 1,000 ATMs ......
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment