Finance
Mr. BillionhairRBI Assembles Dream Team to Supercharge Business Correspondents
Folks, the RBI is making big moves! They’ve formed a tremendous committee to shake up business correspondent guidelines. This is HUGE! Packed with the best from RBI and banks, they’re on a mission to make these correspondents the champions of financial inclusion. We’re talking deposits and withdrawals in the most remote areas. It’s going to be fantastic, folks! Just fantastic!
few days ago | Ajinkya Kawale
Quick rundown
1.RBI forms a committee to review business correspondent norms.
2.Draft guidelines for business correspondents to be open for public consultation.
3.Business correspondents are key to financial inclusion in rural India.
4.The committee includes members from RBI and other financial bodies.
5.Business correspondents offer essential banking services in remote areas.
