State Bank of India (SBI) introduced ‘Bank on Wheels' in Ganjam district to increase financial literacy among rural mass who are till date not acquainted with banking facilities. Regional office of the SBI in Berhampur city has introduced this awareness building project. Under this project a decorated vehicle would move around remote villages distributing awareness building literature regarding concept of banking process and to take banking process to their door steps. This project will also provide thrust to the Financial Inclusion Plan (FIP).
The SBI authorities have identified 60 villages in the district. As per the plans 300 new accounts would be opened up in each of these villages. A.V. Brahma Rao, Deputy General Manager of the Bank flagged off the ‘Bank on Wheels' vehicle at a function which was attended by Ajit Kumar Tripathy, Regional Manager.
Source: The Hindu
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