Finance minister Sitharaman encourages regional rural banks to onboard customers to digital services by December

Quick Summary:

Union finance minister Nirmala Sitharaman has urged regional rural banks (RRBs) to onboard rural customers to digital banking platforms like internet banking, mobile banking, and UPI by December 2024.

While reviewing RRBs' performance, she emphasized increasing credit flow, particularly to agriculture and small industries, and enhancing women's credit access.

Technology upgrades were also stressed to improve efficiency.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaMaliPakistan

Topics: Financial inclusion Nirmala Sitharaman Business news Digital services onboarding Regional rural banks Digital banking in rural areas

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-30 @ 17:10:36 (3 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 647 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23967110

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