Arua village of Faridabad-one of RBI’s model villages achieves 100% financial inclusion
Livemint.com
As a part of Reserve Bank of India’s outreach programme, RBI deputy Governor Anand Sinha visited Arua village in Faridabad district of Haryana on Thursday. Arua, which is one of RBI’s model villages, has achieved 100% financial inclusion. Syndicate Bank, which has opened a branch in this village, has opened 915 no frills account for villagers in the past few months.
As a part of Reserve Bank of India’s outreach programme, RBI deputy Governor Anand Sinha visited Arua village in Faridabad district of Haryana on Thursday. Arua, which is one of RBI’s model villages, has achieved 100% financial inclusion. Syndicate Bank, which has opened a branch in this village, has opened 915 no frills account for villagers in the past few months.
RBI has asked banks to provide banking facilities to 70,000 villages having population of more than 2,000 people by March this year