Monday, July 1, 2013

Canara Bank widens rural presence

Canara Bank has launched the Aaadhar Samruddi Card, an Aaadhar-enabled debit card that enables cash withdrawal at ATMs and also micro ATMs with business correspondent agents in the rural areas. At an event in Mysore, Reserve Bank of India Deputy Governor K C Chakrabarty explained the policy initiatives taken by the RBI in extending banking coverage/facilitation in rural areas and providing citizens access to credit facilities with the objective of bringing more people under financial inclusion..........

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