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Portable Bank Account, Vijaya Krushna Varma Mr Dec 2009

Portable Bank Account, Vijaya Krushna Varma Mr

VIJAYA KRUSHNA VARMA Mr

Varma suggests radical bank reforms to usher in fully liberalized and transparent economic system. The time has come to radically reform banking sector to the ultimate level where there will be no NPAs, unemployment, black money, fake currency, economic recession and corruption. The government should liberalise the banking sector to establish a bank branch at every village or colony having population of 2500 so that each bank shall handle approximately 2000 accounts. The main objectives of fully liberalised banking sector are as follows* To give every citizen above the age of 15 years a portable bank savings account with permanent …


Liberalize Banking Sector, Vijaya Krushna Varma Mr Feb 2009

Liberalize Banking Sector, Vijaya Krushna Varma Mr

VIJAYA KRUSHNA VARMA Mr

Liberalize the banking sector to establish a bank branch at every village or colony having population of 2500 so that each bank shall handle approximately 2000 accounts. To give every citizen above the age of 15 years a bank savings account * To make India a fully digital nation and to usher in 100% e-governance. * To expand Banking 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.