Saturday, October 5, 2013

AP Grameena Bank opens 27 lakh accounts thru biz correspondents

Andhra Pradesh Grameena Vikas bank (APGVB) has, so far, opened 27 lakh basic savings bank deposit accounts through business correspondents (BCs) under the branchless banking model. “All these accounts were opened in the core banking system and commence online transactions on real-time basis,” K. Lakshmana Rao, Chairman, APGVB, said in a release.............

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