Odisha Govt signs MoU with six public sector banks to provide banking services in unbanked gram panchayats.

MOUs and Agreement

The Odisha government on Wednesday roped in six public sector banks for providing banking services in unbanked gram panchayats of the state through customer service point (CSP) plus banking outlets. The banks are State Bank of India (SBI), Punjab National Bank (PNB), Union Bank of India (UBI), UCO Bank, Bank of India (BoI) and Bank of Baroda (BoB). Odisha is the first state in the country to adopt such exemplary model for providing banking services to all panchayats. Though financial inclusion is a high priority agenda of the government, it continues to be a critical challenge since banking penetration in the state is quite low and not uniform across districts.


     

     

     

 

     


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