The apex bank has identified 6,063 villages in Andhra Pradesh where the Banking Correspondents are to be appointed. The introduction of Banking Correspondents in financial Inclusion Plan has already termed vital by Mr. D. Subbarao, the Governor of Reserve Bank of India.

"Ernakulam district of Kerala has completed financial inclusion 100 per cent and in Andhra Pradesh, East Godavari district will be made a fully financially inclusion district very shortly," said Mr. D. Subbarao.

RBI has set March 31, 2012 as the deadline for the banks to cover villages with population above 2,000 under basic banking facilities. Banks have been introducing various new methods to do so and banking correspondents are one out of them.