Vijayawada

Banks will reach out to the poor: Collector

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: Krishna District Collector Babu A. on Wednesday said banking services would be taken to the doorsteps of the economically backward sections at the grassroots level to inculcate a culture of saving among them. The Collector was reviewing implementation of Aadhaar-enabled payment in the district with representatives of Axis Bank. He said that over 3.20 lakh beneficiaries in the district were being given social security pensions at their doorstep through micro ATMs. Distribution of fertilizers without the role of cash would soon be introduced in the district on the lines of cashless distribution of essential commodities, he added.

Axis Bank Circle Head V. Ramakrishna, D. Sashank, M. Sudip, S.V. Satyanarayana and others participated.

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Printable version | Jan 20, 2020 10:42:38 PM | https://www.thehindu.com/news/cities/Vijayawada/Banks-will-reach-out-to-the-poor-Collector/article14425559.ece

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