Sampoorn Vittiya Samaveshan Mission to be Launched Soon to Provide all Households with Banking Services

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..... Sampoorn Vittiya Samaveshan Mission to be Launched Soon to Provide all Households with Banking Services - News and Press Release Dated:- 2-8-2014 - News - To provide all households in the country wi .....

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..... th the banking services, a time bound programme would be launched as Financial Inclusion Mission which would particularly focus to empower the weaker sections of the society, including women, small an .....

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..... d marginal farmers and labourers. Reserve Bank of India (RBI) in January 2006 permitted banks to utilize the services of intermediaries viz Business Correspondents (BC) in providing banking service .....

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..... s. The BC model ensures a closer relationship between poor people and the organized financial system. RBI has reported that as on 31.3.2014, there were 194772 Business Correspondents. RBI has ad .....

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..... vised banks to pay reasonable commission/fee to the BC, the rate and quantum of which is reviewed periodically. This information was given by the Minister of State for Finance, Smt. Nirmala Sithara .....

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..... man in written reply to a question in Lok Sabha. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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