30-April-2026
Banking
 
Banks asked to expand digital infra for last-mile reach
30-Apr-2026

The government has asked banks to complement physical branches with digital banking infrastructure, including assisted modes and vernacular language availability, for last-mile reach. Financial services secretary M Nagaraju on Wednesday reviewed the progress of financial inclusion schemes with public sector banks (PSBs) and major private banks. The finance ministry issued a statement saying that Nagaraju asked banks for expanding their network in those villages identified for branch expansion, especially in the northeastern states.

News Source:- https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-asked-to-expand-digital-infra-for-last-mile-reach/articleshow/130617051.cms