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திங்கள், ஜனவரி 24, 2011

3,000 persons open savings account in a single day near Cuddalore

CUDDALORE: 

         The Naduveerapattu village, primarily an agriculture-oriented area located about 15 km from here, is now buzzing with banking activity, thanks to the financial inclusion concept promoted by Indian Overseas Bank.

         The Naduveerapattu branch of the bank brought under its purview as many as 3,000 daily wage workers, farm hands and housewives to open savings account in a single day on Sunday. At a function held in the village on Sunday, B. Natarajan, Chief Regional Manager, IOB, Puducherry region (comprising Puducherry and the districts of Cuddalore, Villupuram and Tiruvannamalai) gave away passbooks to the new customers.

           S. Siddardhan, Chief Manager, IOB Central Office, Chennai, told The Hindu that the financial inclusion system was aimed at taking banking services to all villages having a population of 2,000. As far as Tamil Nadu was concerned, the IOB had been given a target of covering 800 villages before March 2012, but even now it had brought 650 villages under its fold. Mr. Natarajan said that all 90 designated villages in his region had already been covered. Mr. Siddhardhan said that the services would be made available through “business correspondents” carrying a micro-automated telling machine, a hand-held device, operating on a bio-metric system.

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