We are clarifying that for a village to be considered covered by banking services, either a bank branch has to be present or a Business Correspondent (BC) is visiting/present in that village. There must be a bifurcation between villages with more than 2000 population and those with less than 2000 population. The plan needs to cover in an integrated manner both categories of villages.
The names of the BC/branch covering a particular village need to be indicated on the banks website. Financial inclusion plan: integrated with banks’ business plans 10. Fourth, financial inclusion plans must be integrated with the normal business plans of the banks.