Provide banking facilities in each town: RBI to banks
Quotes

Provide banking facilities in each town: RBI to banks

Last Updated: Wednesday, January 16, 2013, 22:25
 
 Comment 0
 
Provide banking facilities in each town: RBI to banks
Barabanki (Uttar Pradesh): RBI Governor D Subbarao Wednesday asked banks to meet the target of providing banking facilities to small towns soon.

"It is unfortunate that 90 percent towns of the country did not have banking facilities. The target of RBI is to ensure that every family have a bank account," Subbarao said while addressing a programme here.

He said that there are six lakh towns in the country, of them one lakh are in Uttar Pradesh.

"I urge all the banks to soon fulfil target of providing banking facilities in these towns," he added.

Accepting that inflation had increased in past few years, the RBI governor said that though they had somewhat succeeded in containing it in past two years, it is still there.

"It is our priority to check price-rise and will remain so", he said.

On inflow of fake Indian currency notes in the market, Subbarao said that some criminal and anti-social elements were involved in it (circulations of fake notes) and RBI was doing whatever is possible to check its inflow.

PTI


First Published: Wednesday, January 16, 2013, 22:25


Comments


comments powered by Disqus
India`s top ten billionaires
India`s top ten billionaires
Pradhan Mantri Jan Dhan Yojana - In Pics
Pradhan Mantri Jan Dhan Yojana - In Pics
Apple Smartwatch unveiled
Apple Smartwatch unveiled
Apple iPhone 6, iPhone 6 plus
Apple iPhone 6, iPhone 6 plus
Samsung Galaxy Tab 4 Nook
Samsung Galaxy Tab 4 Nook

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved