NEWS & ADVICE : FIXED DEPOSITS
Reserve Bank of India promotes financial inclusion in Assam
By Neelima Shankar
Dec 20, 2012
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The banking regulator, Reserve Bank of India, has planned to hold a financial outreach camp in Assam towards the end of this month. The camp will be organized in Assam's Darrang district on 22 December at the Gharowa Sonapur Village. The central bank has planned this step to accelerate the process of financial inclusion in the remote, unbanked regions of Assam and to bring people living in these areas into the banking system of the country.

The Reserve Bank issued an official statement regarding this which said that the Executive Director of RBI, Mr. Deepak Mohanty will inaugurate the financial outreach camp.

For the purpose, RBI is contemplating to involve other major players in the financial inclusion process such as State Bank of India, Central Bank of India, SIDBI, UCO Bank and Nabard. These banking and financial institutions will impart information about various banking services and products from their respective stalls at the camp.

This is not the first such camp by the Reserve Bank of India, it has conducted such financial outreach camps all across the country from the year 2009-10.


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