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Interview

Financial Inclusion: Bank of India expands rural banking

Almost 3,000 villages to receive banking services at their doorsteps

 

Bank of India was given a mandate to service about 2,992 villages. Considering that the bank operates approximately 3,450+ traditional branches, the Financial Inclusion initiative represented the most extensive organic growth in Bank of India’s history. To ensure the success of the program, Bank of India imparted formal training to the Business Correspondents to assisting people to open new accounts, capturing their demographic and biometric information using handheld “bank-in-a-box” devices.

Read how TCS BaNCS for Core Banking delivered through C-EDGE joint venture enabled Bank of India to offer rural banking services.  

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