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TMI BlogExtension of Reach of Banking Services.X X X X Extracts X X X X X X X X Extracts X X X X ..... Extension of Reach of Banking Services. X X X X Extracts X X X X X X X X Extracts X X X X ..... f Reach of Banking Services The Reserve Bank of India (RBI has reported that as on March 31, 2011 there are 89,396 Commercial Bank branches in the country, out of which 33,463(37.4%) bank branches ar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e in the rural areas, 22,526(25.2%) in semi-urban areas, 17,676(19.8%) in urban areas and 15,731(17.6%) are in Metropolitan areas. The RBI has also reported that the all India average population per b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ranch was 13,503 as on 31st March, 2011. In order to extend the reach of banking services, banks were advised in 2010-11 to provide appropriate banking facilities to habitations having a population i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n excess of 2000 (as per 2001 census) by March, 2012, using the Business Correspondent and other models, with appropriate technology back up. Approximately 73,000 such habitations across the country h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ave been identified and allocated to Public Sector Banks, Regional Rural Banks, Private Sector Banks and Cooperative Banks for extending banking services by March, 2012. As per reports received from B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anks, 29,569 such villages have been covered as on 31.03.2011. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to an Unstarred Question in Lok ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Sabha today.
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