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Banking services in Jharkhand panchayats
Ranchi: Jharkhand will have banking services in every Panchayat.
This is possible because the Reserve Bank of India has agreed to Jharkhand’s request for banks having at least one-day-per-week branch in every Panchayat. This is to help beneficiaries draw wages under MGNREGA and money under social security schemes, a senior official said.
“The RBI has agreed to our request that banks should make efforts to open at least one-day-per-week branches in Panchayats so that withdrawing wages under MGNREGA, (money under) social security and scholarships will be easier,” Chief Secretary...