Indian Bank launches 'IB Sathi' initiative to promote financial inclusion services

Indian Bank launches 'IB Sathi' initiative to promote financial inclusion services

Daily Current Affairs   /   Indian Bank launches 'IB Sathi' initiative to promote financial inclusion services

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Category : Business and economics Published on: September 20 2023

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  • Indian Bank launched a new initiative called 'IB Saathi' (Sustainable Access and Aligned Technology for Holistic Inclusion) with an aim to strengthen its efforts towards financial inclusion.
  • As part of this initiative, Indian Bank is committed to providing basic banking services for at least four hours every day through fixed outlets at all its centres.
  • The move aims to ensure wider access to banking services.
  • Apart from the fixed outlets, the Bank's Business Correspondent (BC) agents will also provide their services directly at the doorstep of customers.
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