New Delhi, March 30 (IANS) Nearly 99.92 per cent of inhabited villages in India now have a banking outlet within a five‑kilometre radius, the Parliament was informed on Monday.Further, 100 per cent villages in the Union Territory of Dadra and Nagar Haveli are covered with banking outlets within a radius of 5 kms, Minister of State for Finance Pankaj Chaudhary told the Lok Sabha in a written reply.The Jan Dhan Darshak App, a Geographic Information System (GIS) monitoring tool, shows banks, busi…
Latest State Level Bankers’ Committee News & Updates
Mumbai, Feb 13 (IANS) The Reserve Bank of India (RBI) on Friday issued a draft circular on the revised guidelines of the Lead Bank Scheme for public comments, which can be submitted till March 6.Reserve Bank Governor Sanjay Malhotra had announced, as part of the Statement on Developmental and Regulatory Policies on February 6, that revised guidelines on the Lead Bank Scheme would be issued shortly to streamline the operational aspects.The revised guidelines aim to fine-tune the objectives of the…
Amaravati, Jan 23 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Friday asked banks to provide loans extensively to the renewable energy sector, saying the Central and state governments are giving top priority to the sector.Stating that power distribution companies (DISCOMs) are also providing counter-guarantees, he urged bankers to take the initiative in providing loans to the renewable energy sector.Presiding over the 233rd and 234th meetings of the State Level Bankers’ Committ…