RBI’s outreach programme under financial inclusion would be implemented in villages across India and all people would be covered in the next five years, the apex bank’s Deputy Governor K C Chakraborty said today. “All the banks have been asked to bring the technology, including the back-end technology and hand-held machines to link up the UIDs (Unique Identification Number)… to support this programme. This will be done in the next 5 years”, he said.

When asked about the success of the programme at places where it has already been implemented, he said, “Financial inclusion was successful in South Indian states, especially, Andhra Pradesh. In Sikkim, the Government was helping in the implementation of (this) programme.”

He added,”I will not gloat over the success as it is in the initial stage. But, definitely, there had been pockets of success wherever they had been implemented efficiently. RBI’s outreach programme under financial inclusion would be implemented in villages across India and all people would be covered in the next five years, the apex bank’s Deputy Governor K C Chakraborty said today.

“All the banks have been asked to bring the technology, including the back-end technology and hand-held machines to link up the UIDs(Unique Identification Number)… to support this programme. This will be done in the next 5 years”, he said.

When asked about the success of the programme at places where it has already been implemented, he said, “Financial inclusion was successful in South Indian states, especially, Andhra Pradesh. In Sikkim, the Government was helping in the implementation of (this) programme.”

He added,”I will not gloat over the success as it is in the initial stage. But, definitely, there had been pockets of success wherever they had been implemented efficiently.

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