Banking Correspondents News

Industry

Do local banking agents drive rural savings?

Banking correspondents reduce cost of access to financial services and increase savings in rural India, a new study suggests

1 min read8 Oct 2018
Industry

EPFO asks banks to treat banking correspondents as staff, extend benefits

Banking correspondents are individuals authorized by banks to act as their representatives in places where they are not physically present

3 min read10 Apr 2017
Politics

Govt weighs options to facilitate cash transactions through CSCs

Out of 2 lakh common service centers, 20,000 act as banking correspondents while another 63,000 facilitate Aadhaar-based cash transaction

1 min read15 Nov 2016
Politics

Aadhaar comes to the rescue during Tamil Nadu floods

With banks and ATMs under water, people were able to draw cash from Aadhaar-enabled micro-ATMs

3 min read28 Dec 2015
Industry

Public sector banks’ rural operations set to become profitable: Crisil

Higher business per branch, better technology and low-cost banking channels will swing rural operations

2 min read17 Nov 2014
Industry

Banking correspondents risking lives to bring financial inclusion

In Bihar alone, at least 14 attacks on bank kiosk operators have been reported in the last two years

9 min read12 Aug 2014
Opinion

Payment banks as financial levellers

Payment banks and universal electronic bank accounts can bring about genuine financial inclusion

3 min read18 Feb 2014
Specials

Budget 2013: Banking correspondents to offer micro-insurance

Nearly 40% of population has no access to basic financial services, which govt and central bank are trying to improve

1 min read28 Feb 2013
Home-page

SBI taps telecom firms, others to extend reach

SBI taps telecom firms, others to extend reach

4 min read3 Feb 2011

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