Mobile vans with ATM start operations in rural Hoshangabad and Tikamgarh
PTI | October 20, 2010
State Bank of India (SBI) in collaboration with city based organisation AISECT, launched mobile banking services in Madhya Pradesh .
This is the first time such a service introduced in the country under Financial Inclusion scheme, a SBI press release said here today.
Two mobile vans, fitted with ATM and Kiosk banking mechanisms, have started operations in the districts of Hoshangabad and Tikamgarh to provide banking services to the rural population.
Additionally, AISECT and SBI have also launched a scheme to benefit the rural migrants who are hesitant to enter corporate banking set-ups for cash remittance purposes and instead rely on traditional, time consuming methods.
For such people, the first ever urban banking kiosk, dedicated completely to providing cash remittance, has been introduced in Bhopal.
SBI's Chief General Manager Bhagwant said the benefits of such schemes should reach out to maximum number of people.
Therefore, SBI-AISECT mobile kiosk banking vans will soon cover other districts of the state and Chhattisgarh as well while the remittance outlets will be started in most major towns of MP.
"We have been associated with SBI for Financial Inclusion for the past two years and during this period, rural banking kiosks have been launched at 165 places in MP and Chhattisgarh, which have done a business of around Rs five crore," Director General of AISECT, Santosh Choubey said.
A digital education and awareness programme was organised by Centre for the Study of Social Change (CSSC) under union ministry of social justice and empowerment. Principal Advisor, CSSC and former Mumbai Mayor, Advocate Nirmala Samant Prabhvalkar explained to senior citizens about how to us
India stood 92nd in the latest rankings of the global talent competitiveness index. Switzerland topped the rankings, with Singapore coming second. United Kingdom was in the third position. The report accompanying the rankings said that India’s information technology (IT) sector is alre
There are two kinds of acts from the so-called fringe elements of the BJP: one embarrasses only the secular-liberals but resonates well with the party’s core constituency, and the other embarrasses the party more than the rest. Sakshi Maharaj’s latest rant is of the first type.
As per census 2011, in India, out of the 121 crore population, about 2.68 crore persons are ‘disabled’ which is 2.21 percent of the total population. In an era where ‘inclusive development’ is being emphasised as the right path towards sustainable development, focussed initiatives f
As many as 44 high potential RCS airports have been identified from among 414 airfields available in India, said a report. The FICCI-KPMG report has presented over 370 possible destinations from the high-potential RCS airports, the projected financial statements for four aircraft types and s
The Reserve Bank holds 557.77 tonnes of gold; of which, 265.49 tonnes are held overseas in safe custody with the Bank of England and the Bank for International Settlements (BIS). Gold as a share of the total foreign exchange reserves in value terms ($) stood at about 5.75 percent as at end-September, 2016,