Monday, July 1, 2013

Data digitization to help banks

.....The issue is being pushed forward by the banks for over one and a half years as the Centre and Reserve Bank of India had been asking the banks to go for financial inclusion and improving their credit-debit ratio in the state. M R Nair, executive director of Allahabad Bank, during a meeting of the state level bankers committee in September 2012 had asked the government to ensure that the records are updated by the month-end as was promised by the then chief minister Arjun Munda...........

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