Question
In the first Phase of Financial Inclusion (2010-13) all
unbanked villages with population more than 2,000 were identified and allotted to various banks through State Level Bankers’ Committees (SLBCs) for coverage through various modes – Branch or BC or other modes such as ATMs, mobile vans, etc? How many such villages were covered under this?Solution
During Phase-I of Financial Inclusion, as reported by SLBCs, banking outlets have been opened in 74,414 unbanked villages with population more than 2,000. Such newly opened banking outlets comprised of 69,589 outlets opened through BCs and 2,332 by other modes, apart from 2,493 branches.
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