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