The Reserve Bank of India has stepped up to ensure the implementation of Financial Inclusion Plan in the North-eastern states in the country. The plan has witnessed a slow progress in the area. RBI General Manager (Meghalaya), Mr. P. Shyam Sunder said, "We have launched a financial outreach program in North-East in a very big way." He also said, "There are many villages in which people do not have accounts with commercial banks. We want banks to promote them to open no-frill accounts just to have them included in banking." He also informed that in the state capitals of Meghalaya, Nagaland, Manipur, Mizoram and Tripura, RBI will open offices.
Source: Rupee Times
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