Tuesday, March 8, 2011

Indian firm to launch 'Bank on Bike' for financial inclusion

SBBJ to launch 'Bank on Bike' for financial inclusion (EconomicTimes.com)
State Bank of Bikaner and Jaipur , a subsidiary of State Bank of India (SBI), is planning to launch Bank on Bike initiative to bring unbanked rural population of Rajasthan under the banking net. This initiative is a part of the financial inclusion plan of the central government to cover all villages with 2,000 and above population
One of the hoped-for benefits of India's UID project is the an extension of the benefits provided by modern institutions to poor citizens.