Indore: Digital banking revolution to be taken to villages

Indore: The digital banking revolution started from metro cities and tire-II cities. Now, we are focusing to extend it to towns and villages. Awareness camps will be organised in Malwa and Nimar region. This was stated by Auro Kumar Mohapatra, Indore zonal manager of Bank of India, in an exclusive interview with Free Press.

He said that bank will achieve it through its Gram Swaraj Campaign. “Under the drive, we are trying to generate financial literacy in villages while apprising them about the utility of BHIM app, mobile banking, internet banking etc. We are focusing Barwani district of western Nimar,” he said.

To a query on extending banking services in remote areas and villages, Mohapatra said efforts are underway to expand network of business correspondents from 500 to 1000. The business correspondents will work as mini banks as they will have point of sell machines. They will deposit and credit the cash at customers’ door steps.