......As per RBI instructions, at least five per cent of these villages should have brick and mortar branches. According to latest SLBC data, banking services have been provided in all 1,877 unbanked villages in the state with population exceeding 2,000 through brick and mortar branches, ultra small branches, BCs and mobile van banking by June 30, 2012. However the SLBC has stressed on looking beyond basic banking facilities like a pure savings account, a savings cum overdraft account, recurring or variable deposit account, a remittance product to facilitate electronic benefit transfer and other remittances and entrepreneurial credit at the door step of the customers...........
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