The location in Hyderabad of IDRBT, which has been spearheading the use of technology in banking, is a deliberate choice that has been informed by the synergies of the technology pool here. Pioneering efforts of Andhra Pradesh 2. Andhra Pradesh has been in the forefront of financial inclusion efforts as well.
The first grass root experiment towards financial inclusion based on technology, for direct transfer of government benefits to the beneficiaries’ bank accounts, started off a couple of years ago here in Andhra Pradesh in Warangal district. That small beginning has spun off a nation-wide campaign today for financial inclusion by harnessing technology for storing data on smart cards and for biometric identification of beneficiaries.