:::::SRI S.B. RODE, OUR BELOVED PRESIDENT, AICBOF AND OFFICER DIRECTOR ON THE BOARD OF CENTRAL BANK OF INDIA HAS BEEN COOPTED AS GENERAL SECRETARY, AICBOF IN E.C. MTG. HELD AT MUMBAI ON 24.02.2014:::::MR. S.C. GUPTA, GEN. SECRETARY OF OUR AHMEDABAD UNIT HAS BEEN COOPTED AS PRESIDENT, AICBOF::::::WE CONGRATULATE THEM AND WISH THAT THE OFFICERS' MOVEMENT IN CENTRAL BANK OF INDIA WILL BE TAKEN TO NEW HEIGHTS:::::LONG LIVE CBOA:::::LONG LIVE AICBOF::::::LONG LIVE AIBOC:::::

NOW, OPEN A BANK ACCOUNT, IN A GROCERY SHOP

RBI permitted banks to appoint entities like individual kirana/medical/fair price shop owners, PCO operators, agents of government sponsored small savings schemes, insurance agents, petrol pumps owners and retired teachers to act as "Business Correspondents" (BCs0 of banks. RBI announced that allowing banks to appoint Business Correspondents was part of its financial inclusion initiative.
These BCs would provide banking services like deposits and withdrawals, opening of accounts etc. from their premises.
Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/Now-open-a-bank-account-in-a-grocery-shop/articleshow/5286913.cms

Posted by C.B.O.A., A.P.

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