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| RBI organized outreach programme at Bhata Dhurian | | | Early times Report
JAMMU , December 16 : As part of its financial inclusion and awareness drive the Reserve Bank of India (RBI), Jammu Office organized an outreach programme at village Bhata Dhurian, District Poonch on December 15.
The programme was presided over by K K Saraf , Regional Director, Reserve Bank of India, Jammu and was attended by G M Sahibzada , Executive President, J&K Bank Ltd., other senior government officials, bankers, teachers and students.
A large number of villagers including women, senior citizens, MNREGA beneficiaries and farmers also attended the programme.
Speaking on the occasion, Saraf stated that RBI’s outreach programme which started during its Platinum Jubilee Year in 2009-10 were being continued with a view to deepening the penetration of financial inclusion and expanding the coverage of financial services to all sections and all regions of the country in a meaningful way, particularly to the economically backward and weaker sections of the society.
Saraf further stated that Bhata Durian village is the second village chosen by RBI for outreach activities in the State for 100% Financial Inclusion during 2011-12 by using Information and Communication Technology (ICT) for issuance of smart cards through the Business Correspondent (BC) model.
He also explained to the gathering that the biometric smart cards have inbuilt security features and are therefore safe for conducting transactions. The card holders would also get receipt for each transaction.
During the programme, smart cards issued by J & K Bank Ltd. were distributed and the participants witnessed activation / transactions through smart cards not only for the common customers but also for MNREGA beneficiaries.
This was a new and unique experience for the villagers who showed great enthusiasm in getting connected to banks without visiting a ‘brick and mortar’ branch.
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