Reserve Bank of India’s (RBI’s) Deputy Governor, K C Chakrabarty said there was a plan to cover all villages through mobile banks by 2015. Every villager would be financially included in the next five years, he said.
A mobile bank is a facility under which an authorised vehicle, with officials of a particular bank, reaches a particular village at a specified time. It provides limited services like deposit or withdrawal to villagers. RBI had prepared a roadmap to open a bank branch in villages with appropriate space, he said. It has been decided that all the areas having a population of 2,000 should get access to banking facility, he added. About circulation of fake currency, Chakrabarty said it was a security issue and police was being trained to deal with this. All the banks had been informed about the security features of Rs 500 notes, he said.
