Comments
The process of enlisting all adults in Ernakulam district as bank account holders is expected to be completed by this September.
Mr Mayank Mehta, deputy general manager, Union Bank of India, informed the District Level Review Committee (DLRC) that banks in the district are moving ahead with the process of meaningful financial inclusion.
Survey
A survey conducted by Kudumbasree Mission reveals there are nearly 20 per cent adults in the district without bank accounts. Now bank branches have started ward-wise campaign to get accounts opened by all those excluded, Mr Mehta said.
Those in need of genuine credits would be supported by banks. Banks will also offer the remittance services and micro insurance policies to the people in the district. The process is expected to be completed by September.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.