For 20,000 banking business correspondents point for Nextgen Vakrangee Kendra
Vakrangee Finserve, a wholly owned subsidiary of Vakrangee received approval from Union Bank of India for 20,000 banking business correspondents point for Nextgen Vakrangee Kendra.The Bank shall allot in a batch of 2,500 BC points whereby 70-80% of BC points would be in Tier 5 and 6 locations and which would include 5% of the outlets to be opened in aspirational districts and LWE (Left wing extremism) areas.
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