Odisha asks banks to take services to 2,382 villages by Sept 2018

A list of unbanked villages has been prepared and shared with the banks

Odisha has asked private and public sector banks to deploy business correspondents (BCs) in 2,300 unbanked villages for extending banking facilities. 

"A list of 2,382 unbanked villages has been prepared and shared with the banks having operations in the state. They are asked to cover the unbanked villages by deploying business correspondents through banking outlet model," said an official.

The BCs will be required to go to each village and do the usual business for four hours for five days a week, according to Reserve Bank of India (RBI) guidelines. We expect that these unbanked villages will be covered by September this