SBI launches mobile banking facility for Meghalaya villagers

Opening of bank accounts would be very simple; only need to produce a certificate from the headman along with photographs

PTI | November 29, 2011



State Bank of India on Monday launched mobile banking facility for providing services to villagers at their door-steps. A Krishna Kumar, SBI managing director, handed over the "Bank on Wheels" vehicle to Meghalaya Rural Development Society at the SBI Shillong Branch premises in Shillong.

Kumar said the vehicle would cover unbanked areas and create financial literacy and awareness of banking habit among the rural masses. "A total number of 662 unbanked villages were allotted to SBI to be covered with March 31 next year and already 496 villages were covered," Kumar said.

He said opening of bank accounts would be very simple for villagers in the state and they would only need to produce a certificate from the headman along with photographs.

Comments

 

Other News

Making AI work where governance is closest to people

India’s next governance leap may not solely come from digitisation. It will come from making public systems more intelligent, more adaptive, and more responsive to the dynamics at the grassroots. That opportunity is especially significant at the panchayat level, where governance is not an abstract po

Borrowing troubles: How small loans are quietly trapping youth

A silent crisis is playing out in the pocket of young India, not in stock markets or government treasuries, but in smartphones of college students and first-jobbers who clicked on the Apply Now button without reading the small print.  A decade ago, to take a loan, you had to do some paperwor

A 19th-century pilgrim’s progress

The Travels of a Sadhu in the Himalayas By Jaladhar Sen (Translated by Somdatta Mandal) Speaking Tiger Books, 259 pages, ₹499.00  

India faces critical shortage of skin donors amid rising burn cases

India reports nearly 70 lakh burn injury cases every year, resulting in approximately 1.4 lakh deaths annually. Experts estimate that up to 50% of these lives could be saved with adequate access to skin donations.   A significant concern is that around 70% of burn victims fall wi

Not just politics, let`s discuss policies too

Why public policy matters Most days, India`s loudest debates stop at the ballot box. We can name every major leader and recall every campaign slogan. Still, far fewer of us can explain why a widow`s pension is delayed or how a government school`s budget is actually approved. That

When algorithms decide and children die

The images have not left me, of dead and wounded children being carried in the arms of the medics and relatives to the ambulances and hospitals. On February 28, at the start of Operation Epic Fury, cruise missiles struck the Shajareh Tayyebeh school – officially named a girls’ school, in Minab,


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter