The progress in banking coverage over the last two years has indeed been substantial (Table 4). The next step is to provide banking facilities with population below 2000. State Level Bankers Committees (SLBCs) are preparing roadmaps for banking facilities in these villages in a time bound manner.
For meaningful financial inclusion, it is envisaged that banks would set up brick and mortar branches in a cluster of 8–10 BC units in a reasonable distance of 3–4 kilometers. Financial inclusion in Odisha Let me now highlight the progress in the Financial Inclusion Plan (FIP) for Odisha.