Shri A.K. Bera, Regional Director, Reserve Bank of India visited Surat to witness the initiative undertaken by the State Bank of India under the "URBAN FINANCIAL INCLUSION". The initiative has been started in Surat for decongestion at the Bank Branches to facilitate the Migrant Labourers from West Bengal, Orissa,Bihar,Uttar Pradesh etc. They normally, visit the bank branch for remittance purpose to their family residing far away. SBI, through the national level Business Correspondent (BC), an NGO named Zero Mass Foundation (ZMF) opened some 32 Customer Service Points (CSP) to cater banking services like opening of Bank Account under liberalized norms prescribed by the RBI, deposits, withdrawals, remittances etc through POS Machines.Up till now,more than 1 lac accounts have been opened and an average remittance of Rs.1 crore takes place per day.
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