Money & Banking

KMBL financial inclusion

| | Updated on: Feb 11, 2011

Scaling up financial inclusion at Mehsana Partners with FINO Fintech Foundation and FINO Ltd. for biometric smart cards, Kotak Mahindra Bank Ltd (KMBL) today said it would open 50,000 no-frills accounts in Mehsana district of Gujarat by June 2011.

FINO Fintech Foundation and FINO Ltd will be KMBL's business correspondent and technology service providers, respectively, according to a release here today. The customers will be provided with banking services through the business correspondents-based customer service points, Mr. KVS Manian, Group Head, Consumer Banking, said.

Published on February 11, 2011

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