India to get Mobile Bank service by 2015

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Mobile Bank of Bank of America
Varanasi, Sep 14: All villages in India would get the facility of mobile banks by 2015, informed K C Chakrabarty, the Deputy Governor of Reserve Bank of India (RBI).

He said that every villagers would be financially included in the next five years (2015).

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.

However, the high-tech bank provides limited services like deposit or withdrawal to villagers.

Chakrabarty also informed that RBI made a roadmap to open a bank branch in villages, which have a population of 2,000.

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