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India banks pushed to speed up financial inclusion
February 8, 2010
Finance Minister Pranab Mukherjee urged banks and their technology partners to work together to reach out to the unbanked and help the
government achieve its goal of inclusive growth through financial inclusion.
"I urge you all to come together to hasten this process so that financial inclusion can also help the government reach the benefits of social security efforts, NREGA payments to the rural poor directly through the banking system, thus reducing the time and transaction costs," said Mr Mukherjee while addressing State Bank of India's 'World Premiere Technology in Concert'—an event organised on the occasion of the bank's completion of several technology and other business initiatives—in Mumbai on Sunday.
Original Posting At: EconomicTimes
Additional Posting At: IndianExpress
"I urge you all to come together to hasten this process so that financial inclusion can also help the government reach the benefits of social security efforts, NREGA payments to the rural poor directly through the banking system, thus reducing the time and transaction costs," said Mr Mukherjee while addressing State Bank of India's 'World Premiere Technology in Concert'—an event organised on the occasion of the bank's completion of several technology and other business initiatives—in Mumbai on Sunday.
Original Posting At: EconomicTimes
Additional Posting At: IndianExpress
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