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Saturday, 15 February 2014

E-banking making inroads into rural Maharashtra

Pushpa Dhole, a 42-year-old home maker and sarpanch of Pasordi village in the backward Yavatmal district of Maharashtra, no longer has to travel 20 km to get banking services.
Through the e-banking facility provided by the State Government, she can now open an account, transfer money and apply for a farm loan.
The village of only 1,588 residents, which is not even marked on a district map, has come under the radar of the BFSI (banking, financial services and insurance) sector, thanks to the Maharashtra Government’s initiative of providing banking services to 21,000 gram panchayats in Maharashtra.
The drive to provide e-banking facilities is being spearheaded by the Rural Development Department (RDD) of Maharashtra Government. The RDD is riding on the Sanganakiya Gramin Maharashtra (Sangram) project, which has provided computers, trained manpower and Internet connection to all the gram panchayats in the State. Read more
 

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