Special Correspondent

Bangalore: The Reserve Bank of India will coordinate with banks to set up Credit Counselling Centres in each district as part of the financial inclusion programme, Reserve Bank Deputy Governor Usha Thorat said on Wednesday. As many as 138 counselling centres are to come up across the country.

Speaking to presspersons in Bangalore through a video-conference interaction, she said, “These counselling centres are not only for borrowers but also for those who need information. They could be those seeking agricultural credit or financing for micro enterprises.”

The centres are among the recommendations of a high-level committee set up to review the functioning of the lead bank scheme.

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