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Private banks head for India's hinterland

Nazma , once a farm labourer , now runs a small business in Barabanki . She shows off her ATM card as she tells you how she pulled herself out of extreme poverty: "I do chikan work for large contractors in Lucknow . Thanks to a bank loan, I can earn Rs 3,000-4 ,000 a month. I have a bank account and also save some of my earnings," she says, a wide smile lighting up her face. In neighbouring Gothia village, Poonam Jaiswal, a housewife, runs her own beauty parlour and the earnings help her support her family . Across India's villages, banks are now fanning out to tap the banking needs of the poor, helping them run small business ventures and enlarging their own business portfolio. 

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