Payments banks important step; to expand rural banking: FM Jaitley
RBI granting payments bank licences is a significant step which will bring in more money into the system and spread the reach of banking to rural areas, Finance Minister Arun Jaitley said Wednesday.
Aug 19, 2015, 20:11 PM ISTRural banking: 'Jan Dhan may help PSBs break into profits'
Higher business per branch and the business correspondents model may help public sector banks become profitable in rural areas over the next five years, driven primarily by ongoing Jan Dhan scheme, says a report.
Nov 17, 2014, 21:57 PM IST