Tiny State of Goa with a population of slightly over 14 lakhs is gearing to become first State in the country to achieve targets under Comprehensive Financial Inclusion (CFI).
Considering the network of branches and per branch population below 2000 and all the State Government social security benefits are routed through direct credit to bank accounts, this was very much possible.
This was the view broadly expressed by finance Department official of State government and backed by bankers at a Special State Level Bankers Committee (SLBC) meeting held in Panaji on Thursday under the lead bank State bank of India.
An ambitious programme to achieve Sampoorna Vittieyea Samaveshan (CFI) is the programme to be announced by Prime Minister on the Independence Day which aims to ensure that every household should open a Savings Bank account with a bank which has a Core Banking System.
Mr. Hardayal Prasad, General Manager, State Bank of India, Mumbai asked banks to arrange camps in villages/wards to open accounts of the population outside the ambit of bank accounts.
