Six districts are underbanked in Karnataka

Review on performance:
(From left) Mr Subir Hari Singh, Additional Chief Secretary and Development Commissioner, Government of Karnataka; Mr S.V. Ranganath, Chief Secretary, Karnataka; Mr M.G. Sanghvi, Chairman, SLBC and Chairman and Managing Director, Syndicate Bank; Ms Uma Shankar, Regional Director, RBI; and Mr S.N.A. Jinnah, Chief General Manager, Nabard, at the State Level Bankers committee meeting in Bangalore on Tuesday

The State Level Bankers’ Committee (SLBC), Karnataka, has identified six districts in the state as underbanked districts. The districts are Bidar, Bangalore rural, Chamarajanagar, Gulbarga, Koppal, and Raichur. It has initiated steps to open bank branches in these districts before September 2012 as directed by the Reserve Bank of India (RBI).................

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