.......The thought morphed into resolve. And Kerala's local bank officials set the ball rolling. "With Ernakulam we have made a beginning. The RBI's goal is to do this in the entire country," says C.V. Geroge, General Manager at RBI's Kochi office. As many as 45 banks from public, private and cooperative sectors have spread their presence in the district with 850 branches and about 1,000 ATMs. In fact, just two banks - State Bank of Travancore and Federal Bank - account for close to 200 branches. The regional heads of all banks, insurance companies and other financial institutions met frequently, exchanged notes and went about the task in a concerted manner..........
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