Let me recount some of them briefly. 13. First, to improve banking penetration in the north-east, Reserve Bank has asked State Governments and banks to identify centres where there is need for setting up branches that are full-fledged, offer forex facilities, handle government business and meet currency needs.
RBI will then fund the capital and running costs for five years, provided the State Government concerned is willing to make available the premises and put in place appropriate security arrangements. 14.