............Bankers aren't sure whether existing account holders would get Rs. 1 lakh acci dental insurance cover. It's also not clear as to who is going to foot the bills for the insurance premium and other costs to keep accounts running. “The government needs to spell out clearly who are the targeted people for this scheme,“ said HK Pradhan, professor of finance and economics at XLRI, Jamshedpur. “If banks try to merely achieve the target without proper screening, the entire purpose of the new drive will be defeated.“.............
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