NEWS & ADVICE : CAR LOANS
Central Bank begins financial inclusion in Gujarat
By Vaibhav Aggarwal
Oct 28, 2010
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Public sector lender, Central Bank of India is going to start its first financial inclusion drive in Gujarat from today, said a top official of the bank.

"Central Bank is perhaps first in the state of Gujarat to do so after the Reserve Bank of India and the government of India made it mandatory for public sector banks and private banks to implement financial inclusion plans," U Mohapatra General Manager of the Central Bank of India-Gujarat state said.

The first initiative of the bank will be in Khanpur village of Gujarat. The drive will be inaugurated by R K Dubey, Executive Director of the bank.

Officials of RBI and NABARD are also going to be present in the event.

It is currently estimated that 60% of Indians do not have access to basic banking facilities.


 


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