| Financial Inclusion |
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Bank had originally allocated 2864 villages with population above 2000 under financial inclusion by various SLBCs/DCCs. Further -06- more villages were re-allocated to our bank in March 2012 in the state of West Bengal and Nagaland. Thus Bank was allocated total 2870 villages under financial inclusion.
Bank has achieved 100 % village coverage of 2870 villages before March 2012. Out of which 2752 villages are covered through BC Model, 40 through Mobile van, 50 by opening Bricks & Mortar branches and rest -28- are later re-allocated/ excluded by SLBCs (6 villages are having our existing branches excluded from FI by SLBC, 1 villages reported twice by SLBC and 21 allocated to other banks by SLBCs).
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| ULTRA SMALL BRANCHES (USB) |
| Bank has opened 2068 ultra small branches as of 30th April 2012 across the country and has planned to open remaining 684 USBs so as to cover all villages covered through BC Model under financial inclusion. |
| GLIMPSES OF FINANCIAL INCLUSION ACTIVITIES |
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Declaration of opening of 1001 Ultra Small Branches in presence of Dy. Governor RBI at Varanasi on 20.03.2012 |
Inauguration of ultra small branch by CMD at village Shahipur in Allahabad district on 20.03.2012 |
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| Distribution of smart card to customer at ultra small branch in village Angadh in Baroda District on 27.03.2012 |
Executive Director witnessing transactions done by BC on POS at Vadagam village in Panchmahal District |
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VILLAGES COVERED UNDER FINANCIAL INCLUSION AS ON 31.03.2012 |
