On Monday, the Union Ministry encouraged the private sector banks to increase their participation in financial integration programs and serve the marginalized parts of the company by fulfilling their banking needs.
The call came during the inspection meeting with the higher officials of the private sector banks in Nový Delhi. The meeting, chaired by Minister M. Nagaraja, was also attended by the CEO of the Association of Indian banks.
The meeting reviewed the performance of private banks on various financial integration programs, including Pradhan Mantri Jan Dhan Dhan Dhan Yojana, Pradhan Mantri Jyoti Jyoti Bim Yojan, Pradhan Mantri Surraksha Bim Yojan, Atal Pension, Pradhan Mantri Yojana, PM Street Vendor’s, PM Street Vendor. Atmanirbhar Nidhi and PM Vishwakarma.
The meeting also reviewed the progress of opening branches from brick and mortar banks and deployment of banking correspondents in villages without banking.
During the review, the Minister of Financial Services emphasized the rapid settlement of claims within the Jansuraksha programs, the expansion of banking infrastructure in rural areas and the northeast region in the country. He also emphasized significant progress in expanding social security and deepening the financial integration into the country through various flagships of the government.
The Ministry of Finance also urged banks to actively involve and expand the support of the three-month campaign to saturate financial inclusion (1 July-30th September) in all villages of Panchayats.
The secretary also discussed in detail about the progress of private banks in deepening the financial integration and called on them to increase their participation in financial integration programs.
(Tagstotranslate) Association of Indian Banks (T) Ministry of Finance Union (T) Ministry of Finance Services (T) Pradhapradhan mantri Jyoti Bim Yojan N Mantri N. Mantri Yojana (T) Pradhan Mantri Suaksha Bim Yojan
