Banking expanded to the ultimate level
Author | : VIJAYA KRUSHNA VARMA |
Publisher | : VIJAYA KRUSHNA VARMA |
Total Pages | : 84 |
Release | : 2009-02-10 |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Banking expanded to the ultimate level written by VIJAYA KRUSHNA VARMA and published by VIJAYA KRUSHNA VARMA. This book was released on 2009-02-10 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Banking structure is redesigned to make India a fully digital nation and to usher in 100% e-governance. Banking is expanded to the ultimate level so that many State and Central Government departments can be integrated in the banking system to cut the present government size and non plan expenditure to 1/3 level. Purpose of this new banking structure --------- *To establish a bank branch at every village or colony having population of 2500. Each bank will handle approximately 2000 accounts *To make the banking as intermediary between the Government and people *To give every citizen above age of 15 years a bank savings account. *To integrate the Government and governance in the banking system vertically and horizontally *To know up to date bank profits at any time and to avoid nonperforming assets