Tuesday, October 1, 2013

Expedite Financial Inclusion, Takru Tells Banks

...The bureaucrat, who was to discuss bad loans with bank chairmen in the financial capital, put it on the backburner asking them to aid the efforts of Reserve Bank of India Governor Raghuram Rajan for financial inclusion. “He suggested us to expand the network in business correspondents, micro ATMs, filling Adhaar-linked savings account for subsidised LPG cylinders,” a bank chief told ET requesting anonymity. “He enquired about the current scenario on NPAs and cases for restructured loans.”...............

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