Reserve Bank of India Deputy Governor K C Chakrabarty has said that there is plan to cover all the villages through mobile banks by 2015. Talking to reporters in Varansi, Uttar Pradesh, he said, every villager would be financially included in the next 5 years. Mobile bank is a facility under which vehicle authorised by a particular bank with officials reaches a particular village on specified time. The vehicle with bank official or authorised person provides limited services like deposit or withdrawal to villagers. Mr. Chakrabarty said, RBI has prepared a road map to open a bank branch in the villages where there is appropriate space. He said, it has been decided that all the areas having population strength of 2000 should get access to banking facility.
News On AIR | September 13, 2010 5:49 PM
Mobile bank to cover all villages by 2015