In Gujarat, all banks will be connected with the electronic clearing system by next month. Quoting Reserve Bank of India sources, AIR Bhuj correspondent reports that 4400 banks will be connected by this electronic clearing system through out the state will benefit thousands of bank users.<br/> <br/>Gujarat will be the third state after Maharashtra and Karnataka where all banks will be connected by this system. Our correspondent adds that business and trade establishements have hailed this decision and welcomed the reserve bank's initiative for providing easy banking facility for people of Gujarat. <br/>
News On AIR | May 8, 2010 9:17 AM
Gujarat banks have electronic clearing system