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Banking connectivity jumps to 2.11 lakh villages: RBI


The banking connectivity has jumped sharply from about 67,000 villages in March 2010 to 2.11 lakh villages in December 2012.

It has largely been achieved through business correspondent (BC) and alternate channels and not much through branch model , Reserve Bank of India data showed. RBI from past several years has increased its thrust on financial inclusion.

The data was shared by Deepali Pant Joshi, executive director, RBI in a presentation at the International Summit on Skill Development in New Delhi yesterday.   


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