PNB to provide banking services through ICT enabled business correspondents

To develop Chandigarh village as model village

PTI | January 3, 2011



Punjab National Bank (PNB) has adopted one village here, which will be developed as a model village in terms of banking infrastructure and baking services.

PNB, which is a leading bank here, would provide banking services through ICT-enabled Business Correspondent model in its adopted village Kishangarh.

A survey of village has been completed jointly by the Reserve Bank of India and PNB to ensure 100 per cent financial inclusion in the village. All those households that are disconnected from banking services would be issued biometric cards, said an official of RBI here.

Speaking on this occasion, RBI Executive Director, G Gopalakrishna said that RBI had asked banks to cover unbanked villages by year 2012 as part of financial inclusion programme.

"RBI has asked banks to cover villages that have not been covered yet and they have to complete this task by 2012," he said.

He said close to 5.75 lakh villages are still without banks.


 

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