Wednesday, September 25, 2013

Only 40,000 villages in India have bank branches: K C Chakrabarty


Stressing the need for penetration of banks across the country, RBI Deputy Governor K C Chakrabarty today said only 40,000 out of 600,000 villages have bank branches. "Banks are important financial intermediary, but our problem is that banks access is not there, today out of 600,000 villages only 40,000 villages have bank branch;.... banks penetration is very important," he said at a financial inclusion outreach programme organised by Vijaya Bank at Adichunchanagiri near Mandya............


Posted by VITALINFO at 7:37:00 AM

1 comment:

F R Misquith said...

There are many bank branches in every city,as there is ample power in the form of electricity,this is really a pity,however,let's now hope banks will move with alacrity,to open new branches wherever required with utmost rapidity,it's never too late to turn over a new leaf, this will undoubtedly provide to our folk in the rural areas much needed relief.

Sep 25, 2013, 9:16:00 AM

Post a Comment

Subscribe to: Post Comments (Atom)