Indian Bank rolls out IB SAATHI to provide basic banking services Indian Bank has embarked on a mission to deploy more than 5,000 new BCs by March 2024.
Banking & Finance
Indian Bank has unveiled IB SAATHI (Sustainable Access and Aligning Technology for Holistic Inclusion), a financial inclusion solution, aimed at providing basic banking services to stakeholders through the business correspondent (BC) channel. With this revamped model, the bank aims to provide basic banking services at all centres for a minimum of four hours per day in fixed outlets, the public sector lender said in a statement.Indian Bank, with the help of this revamped model, is going to provide basic banking services for at least four hours every day at all centres in fixed outlets. The bank is planning to deploy around 5,000 banking correspondents by March 2024 which can enhance the reach and accessibility of the bank.
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