ICICI Bank has announced the launch of 101 gramin branches across six states as part of its financial inclusion plan that aims at providing banking services in unbanked villages.
These branches were formally inaugurated in nineteen districts across the states of Rajasthan, Andhra Pradesh, Gujarat, Maharashtra, Madhya Pradesh and Tamil Nadu in small villages, which were so far devoid of any banking facility.
While talking at the seminar on financial inclusion which was organised to mark the inauguration of a gramin branch at village Khatwa,in Rajasthan, K.C Chakrabarty, deputy governor, Reserve Bank of India said, "Financial Inclusion is the bedrock on which the edifice for an inclusive social and economic ecosystem can be built. While the task of bringing the 1.2 billion population within the fold of banking is indeed daunting, it is as much an opportunity for the banks. I feel that 'brick and mortar' branches, as delivery point for banking services, would continue to play a critical role for at least next 20 years."
These gramin branches will offer all the basic banking services such as savings bank account, fixed and recurring deposit, remittances, Kisan Credit Card, credit cards, and tractor loans. They will also service business correspondents.
ICICI Bank has undertaken a wide range of initiatives in the last few years as part of its financial inclusion agenda. It has a wide distribution network to service its rural and under banked customers. It will service its customers through a network of more than 400 rural branches and 5000 customer service points, which will together serve more than 10,000 villages across the country.
No comments:
Post a Comment