Reserve Bank of India decided to open up new 800 bank branches to even cover up those localities having less than 2000 population in the state.
Speaking on Bharat Nirman Public Information Campaign General Manager of RBI, Shimla R. S. Negi said that RBI had achieved target of financial inclusion after opening up bank branches in the localities having more than 2000 population in year 2012.
“Now RBI is covering villages having less than 2000 census especially places where people have to travel upto 15 to 20 km from their home to get banking services in the hill state”, Mr. Negi said. He also added that RBI has set a target to open 800 new branches in the state by year 2014-15 to provide banking service of Brick and Mortar and Online Banking correspondence facilities.
He said that leading banks imparting services in state have been asked by the RBI to conduct survey to open up new bank branches in rural areas.
He asked the representatives of Panchayati Raj to come forward and seek new bank branches where it could be open to cover up villages and town with less than 2000 population.
Cautioning the audience to not be allure by the bogus SMS of lottery and funds, he revealed that people are becoming victim’s of fake message as they should not respond to any offer. He also said that if people go through any financial fraud and cheating they should lodge complaint at RBI Banking Local at Chandigarh.
RBI also offers Kisan Credit Card scheme on 4 percent rate of interest to farmers in the state on revolving credit to purchase agriculture inputs and other needs.
He urged the people to not forget to visit RBI stall put up in the campaign to learn tips and saved them form fake currency notes prevalent in the market.
