RBI Governor launches Indian Bank's mobile branches

Tags: News
As part of the urban financial inclusion initiative by public sector Indian Bank, two mobile branches with ATM facility was launched here by RBI Governor Raghuram G Rajan.

Rajan recently launched two mobile branches with ATM facility to provide banking services in areas of Royapuram, Tiruvotriyur, Tondiarpet in North Chennai and Kannagi Nagar, Thanthai Periyar Nagar and Semmencherry in South Chennai, the Chennai-based Indian Bank said in a release today.

According to Indian Bank Chairman and Managing Director T M Bhasin, the bank already operates eight mobile branches providing banking services in 70 villages.

He said two more similar mobile branches with ATM facility would be launched soon in Mumbai and New Delhi. Under the financial inclusion initiative, Indian Bank has provided banking services to 5,098 villages, of which 4,934 villages have been covered through smart card enabled business correspondent model, the release said.

EDITORIAL OF THE DAY

  • School exams need a overhaul under the direct supervision of the HRD ministry

    Theatre Of The Absurd. Bihar students need not be ashamed of mass cheating in exams.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

Disequilibrium: BLOOD, GORE & GUTS

The battle to control India's coal capital - Dhanbad - ...

Ananda Majumdar

<b>Ruminations:</b> WALKING ON A THIN EDGE

A social media post doing the rounds says, with some ...

Zehra Naqvi

Creativity springs from being open to experimentation

When Albert Einstein published his first revolutionary paper on the ...