Based on your feed back, we can improve the lessons and instruction material both here in Karnataka and all other states. BIS Review 40/2010  1  6. Now let us know more about financial literacy. Banking facilities are still not available to many villages. Out of about 6 lakh villages in our country, 5.7 lakh villages still do not have any bank branch.
At the earliest, banking facilities should be provided to these villages. For this purpose, technology should be used to open no frill accounts. The banking facilities can be made available the door step of the villages by appointing one of the villagers as banking correspondents. Bio-metric smart cards may be provided to the no-frill account holders.