All six banks were allotted separate counters for opening of accounts as well as to campaign for their bank-specific products. Free photo facility for account holders was provided and the cost was shared by all the participating banks. The initiatives such as this should be pursued and the full range of financial services provided to these areas.
11 Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency, “Agencies Issue Final Rule to Update Management Interlock Rules,” news release, October 2, 2019, https://www.federalreserve.gov/newsevents/pressreleases/bcreg20191002a.htm. -5•  And we finalized a new community bank leverage ratio, giving small, strong banking organizations a much simpler way to meet their capital requirements.