Villages to be linked via V-sat for banking services

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The Chief Secretary AP Padhi has directed all banks, financial institutions and the State Finance Department for speeding up financial inclusiveness.

Chairing a meeting in the Secretariat here on Tuesday, Padhi emphasised on connecting the villages without banks through V-Sat for providing banking services. He advised the Nabard officials to recommend V-Sat connection in the village level banks.

Finance Secretary Tuhin Kant Pande said the Bank Mitras of the Odisha livelihood Mission and SHGs would work as BCs for various banks so as to provide banking services in the interior areas where banks are not available.

He said already a list of 1,200 Bank Mitras and 2.5 lakh SHGs has been given to the banks. They would be appointed as corporate BCs for these banks in the villages.

Sources said State Bank of India, UCO Bank and Gramya Bank have already decided to employ corporate BCs for providing banking services in the unbanked areas.    

Daily Pioneer
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