'Banks committed to empower economically weaker sections' | india | Hindustan Times
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'Banks committed to empower economically weaker sections'

The government has asked banks to provide easy loans to economically weaker sections to fulfill their requirements such as self-employment and housing, Minister of State for Finance Pawan Kumar Bansal said.

india Updated: Jan 31, 2009 18:26 IST

The government has asked banks to provide easy loans to economically weaker sections to fulfill their requirements such as self-employment and housing, Minister of State for Finance Pawan Kumar Bansal said in Chandigarh on Saturday.

He was addressing a programme on 'Financial Inclusion and Need-based Easy Access of Credit for the Economically Weaker Sections', organised in Chandigarh on Saturday.

On the occasion, Bansal distributed cheques of bank loans of over Rs 2.50 crore to as many as 592 beneficiaries of economically weaker sections and minorities.

Bansal said that the government is committed to cover maximum number of the poor under this Need-based Easy Access of Credit scheme. He said that not only for the self-employment but loans under other important centrally sponsored schemes like housing loans are also provided to the poor.

He informed that in Chandigarh over 25,000 slum-dwellers have been provided 'pucca' houses under centrally sponsored schemes and there is a proposal to provide housing facility to another 25 thousand shortly.

Bansal said banks are committed to serve the people and they have started visiting door-to-door for opening accounts of the rural people. He added today the banks are also providing facility of online banking and mobile bank statement to the account holders.

He said that today number of bank branches have increased from 67,496 to over 76,000 in the country, which benefits the urban, rural and remote areas populations.