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RBI to conduct Financial Outreach camp

December 19, 2012 12:34 IST

RBIThe Reserve Bank of India will organise a Financial Outreach Camp later this month at Assam's Darrang district as part of its initiative to bring the people of remote areas under the ambit of the banking structure.

The camps would be conducted on December 22 at Gharowa Sonapur Village in Darrang district, an official statement said.

RBI Executive Director Deepak Mohanty will formally inaugurate the camp.

RBI, which is the Banking Ombudsman for other banks and financial institutions, is proposing to engage State Bank of India, UCO bank, Central Bank of India, AGVB, SIDBI and NABARD, among others, in the process.

These banks and financial institutes will put up stalls at the camp venue to disseminate information on various banking facilities and schemes.

RBI has been organising Financial Outreach camps all over the country, including the North-East, since 2009-10.

Such camps are intended, among other things, to bring awareness among the rural people regarding banking facilities, making such facilities available at the doorstep of citizens in the target areas and to bring the target population under the ambit of mainstream banking.

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