Banks urged to launch awareness drive on financial inclusion

Banks should undertake joint publicity campaign in order to create awareness among people about financial inclusion and various products being offered, according to Mr. Rakesh Singh, Additional Secretary(Financial Services), Ministry of Finance.Mr. Singh was addressing a special review meeting to analyse the progress of implementation of financial inclusion plan and the initiatives taken by three Kolkata- based banks on financial inclusion.The banks were United Bank of India,Allahabad Bank and UCO Bank. The meeting took note of the progress in enrolling business correspondents to roll out financial inclusion plan, status of banking service in the villages having population above 2000 and position of training of rural branch managers and BCs among others.(BL 19092010)