RRBs – Frontloading of branches in unbanked rural areas

RBI/2013-14/175 RPCD.CO.RRB.BC.No.18/03.05.33/2013-14 August 7, 2013 The Chairman All Regional Rural Banks Dear Sir, Frontloading of branches in unbanked rural areas Please refer to paragraph 96 of Monetary Policy Statement 2013-14 (extract enclosed) on the above subject. As stated therein, branch expansion in rural areas is essential to address the existing asymmetries in achieving financial inclusion.… Read More

Tags: Branch, Direct Benefit Transfer, Electronic Benefit Transfer, Financial inclusion, Government of India, India, Monetary policy, Rural area