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VIJAYA KRUSHNA VARMA Mr

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Banking Expanded To The Ultimate Level, Vijaya Krushna Varma Mr Sep 2009

Banking Expanded To The Ultimate Level, Vijaya Krushna Varma Mr

VIJAYA KRUSHNA VARMA Mr

Banking structure is redesigned to make India a fully digital nation and to usher in 100% e-governance. Banking is expanded to the ultimate level so that many State and Central Government departments can be integrated in the banking system to cut the present government size and non plan expenditure to 1/3 level. Purpose of this new banking structure --------- *To establish a bank branch at every village or colony having population of 2500. Each bank will handle approximately 2000 accounts *To make the banking as intermediary between the Government and people *To give every citizen above age of 15 years …