Under the financial inclusion plan, Bank of Baroda (BOB) has decided to harness the mobile banking van (MBV) route to provide banking services in remote areas of the country. In the next one year, BOB plans to launch 25 new MBV units all over the country. The model has already been successfully tested by the bank in Gujarat and Bihar, while two such units were today launched in Uttar Pradesh by BOB Chairman and Managing Director M D Mallya. He was in town to chair the UP State Level Bankers’ Committee (SLBC) meeting to review the progress of financial inclusion programme as mandated by the Reserve Bank of India (RBI). BOB is the Uttar Pradesh convenor of SLBC and has 17 lead districts here, including two in Uttarakhand.
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