Every new bank now is providing ATM facilities while opening its branches, Meena said after inaugurating the regional office of Dena Bank here. (Agencies)
Not only on site but also off site ATM’s should be opened, especially, at busy places like colleges, universities, malls, and markets so that people can get connected with their banking facilities, Meena said.
Comparing telephony density with banking, he said, “While there are about 90 crore cellular phone users now, 50 percent of the people in the country do not have bank accounts where all the government transactions are made through banks to facilitate the beneficiaries.”
Financial empowerment, infrastructure development and expansion of banking sector would enable control poverty and knit India, he said, adding that there were 8,500 branches in 1969 when former prime minister Indira Gandhi had nationalized the banks.
The number of branches in the country has now gone up to one lakh, he said.
As per UPA-II plans, one out of nine Mahila Bank branches would be opened in Jaipur by March 31, 2014, and if the state government provides a building, Mahila Bank can be opened even in two days, Meena added.
UPA-II's policy is ‘Gaon ko joriye, gaon mein bank kholiye’ (knit village, open banks in village), he said.
Speaking on the occasion, Dena Bank CMD Ashwani Kumar said ten new branches would be opened in Rajasthan during 2013-14 and 15 in the next fiscal including 25 percent in rural areas.
Dena Bank in Rajasthan made a business growth of 20 percent so far with a business of Rs 2,400 crore in current financial year and aims to reach Rs 3,300 crore in next economic year.
Kumar said that he would hold meetings with management to raise this business to Rs 5,000 crore in the coming years in the state.
As on December 31st, 2013, Dena Bank’s overall business was at Rs 1,65,976 crore. This included Rs 96,081 crore deposits and Rs 69,895 crore advances, he said.
He said Dena Bank had recently opened its branch in London too.
Every new bank now is providing ATM facilities while opening its branches, Meena said after inaugurating the regional office of Dena Bank here.